A supply chain operation needs to find and maintain the middle ground between too much stock and too little stock
Supply Chain Planning Analysis
A supply chain operation needs to find and maintain the middle ground between too much stock and too little stock for it to operate successfully. This is done through forecasting. The supply chain operation’s ability to assess products over a specified period is known as capacity. Forecasting, capacity, and materials requirements planning are interrelated and together influence a supply chain’s ability to successfully have the right product available for the customers at the right time.
Assess the supply chain planning analysis, covering forecasting, capacity, and materials requirements planning and then address the following:
The introduction should introduce the reader to the contributions of capacity, materials management, and forecasting to a firm’s ability to manage a supply chain successfully.
Examine how a firm can use demand forecasting to anticipate changing customer demand for its product successfully.
Discuss how capacity and materials requirements planning help the firm meet the customer’s demand for its product.
How can the firm adjust its capacity and materials to meet its production goals?
How often should the firm review its forecast to ensure that it remains relevant?
The conclusion should summarize key points from the forecasting, capacity, and materials planning analysis discussed above.
Deliverable Requirements The supply chain planning analysis should be 5 pages in length. Be sure to cite sources using APA properly; include references and in-text citations.
Submitting your assignment in APA format means, at a minimum, you will need the following:
Title page: Remember the running head. The title should be in all capitals.
Length: 5 pages minimum
Abstract: This is a summary of your paper, not an introduction. Begin writing in third person.
Body: This begins on the page following the title page and abstract page and must be double-spaced (be careful not to triple- or quadruple-space between paragraphs). The typeface should be 12-pt. Times Roman or 12-pt. Courier in regular black type. Do not use color, bold type, or italics, except as required for APA-level headings and references. The deliverable length of the body of your paper for this assignment is 5 pages. In-body academic citations to support your decisions and analysis are required. A variety of academic sources is encouraged.
Reference page: References that align with your in-body academic sources are listed on the final page of your paper. The references must be in APA format using appropriate spacing, hanging indent, italics, and uppercase and lowercase usage as appropriate for the type of resource used. Remember, the Reference page is not a bibliography but a further listing of the abbreviated in-body citations used in the paper. Every referenced item must have a corresponding in-body citation.
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