What are the different options available for management in aggregate planning to adjust supply? Explain any one of the options.
What are the different options available for management in aggregate planning to adjust supply? Explain any one of the options.
Aggregate planning is phase through which every business passes. It is a planning stage of business which deals in planning efficient resources for the business. It answers questions like in what quantity the product should be produced and what type of machinery and equipment are to be used in the process. Planning the various activities involved in the production process, planning the sales platform for the product and customer segment for whom the goods are being produced.
Similarly in supply chain management, efficient planning is made to adjust supply so that right product gets delivered to the right customer in time. Some of the options to adjust supply are:
- Outsourcing products beyond territories
- Focusing on core strengths of the business
- Demand scheduling.
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