
Collaboration is the key for a good sales and operations plan
First of all, let’s answer at this question: what’s sales and operations planning and what are the advantages of S&OP process? S&OP (or IBP, Integrated Business Planning) can give a number of benefits such as greater visibility of the demand and supply across the enterprise, improved inventory management, increased promotional planning, increased accuracy in budget forecasting, and an improved product lifecycle management process.