forecasting and demand management

What is Capacity Planning in Operations Management?

‘Capacity’ Definition in Operations / Supply Chain The (output) capacity of an operation is the maximum amount of value-adding output (per time period) that can be sustained under normal operating conditions. Capacity can be measured in many different ways, across many different industries. This is not the same as volumetric capacity nor the common expression […]

What is Capacity Planning in Operations Management? Read More »

What is Demand Management? Demand Planning in Operations & Supply Chain Management

What is ‘Demand’? In Operations Management? In the context of operations management, the word ‘demand’ can mean either what the whole market wants, or what the customers of a specific business want. For operations managers, the latter is usually more interesting. For example, the global market demand for cars is approximately 70 million cars per

What is Demand Management? Demand Planning in Operations & Supply Chain Management Read More »

0
    0
    Your Cart
    Your cart is empty
    Business Operation Management Course

    Buy 2 courses and get 3rd course for free off.