Operations Planning
Operations Planning is the process of organizing and coordinating resources to achieve specific goals within an organization. It involves forecasting demand, managing inventory, and scheduling production to ensure that products or services are delivered efficiently. This planning helps businesses optimize their operations and reduce costs while meeting customer needs.
Effective operations planning also includes assessing risks and developing strategies to mitigate them. By analyzing data and trends, organizations can make informed decisions about resource allocation and process improvements. This proactive approach enables companies to adapt to changes in the market and maintain a competitive edge in their industry.