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T his definition of what S&OP is and what the objectives are is still v alid today at this high level. Th e type of scenario analysis described above drives real insight to support effective decision making. The result of which should be: . Lower inventory levels . Reduced operating costs . One number, one plan .
T his definition of what S&OP is and what the objectives are is still v alid today at this high level. Th e type of scenario analysis described above drives real insight to support effective decision making. The result of which should be: . Lower inventory levels . Reduced operating costs . One number, one plan .
ABC Analysis: A form of Pareto analysis applied to a group of products to enable selective inventory management controls. ABC Classification: The classification of inventory, after ABC analysis, into three basic groups for the purpose of stock control and planning. ACS: Automated commercial systems, or A.C.S
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