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Start Your Digital Manufacturing Journey: 4 Steps to Your Smart Factory
We have collected 4 dedicated steps to start your journey towards a smart factory!
Sales and Operations Planning (S&OP) is a high-level strategic planning process that helps semiconductor companies balance demand and supply for their product portfolios focusing on 12-18 months. S&OP brings together cross-functional teams, such as sales, marketing, finance, and production, to develop a unified plan based on demand forecasts and operational capabilities.
Sales and Operations Execution (S&OE) on the other hand focuses on the short-term horizon, typically covering the next few weeks to months. S&OE plays a crucial role in the highly dynamic semiconductor industry, which is characterized by rapid technological advancements, short product lifecycles, and intense competition by bridging the gap between high-level strategic planning and day-to-day operations.
S&OP is mostly monthly or quarterly planning involving the following aspects:
In contrast to S&OP, S&OE is a weekly planning process, which bridges the gap between S&OP and execution by providing solutions to the problems occurring in the short term.
Sales and Operations Execution (S&OE) is indispensable for the semiconductor industry due to its ability to provide real-time visibility, agility, and decision-making capabilities necessary to thrive in a highly dynamic and competitive market. It enables semiconductor companies to meet customer demand, optimize production, manage supply chains efficiently, and control costs while ensuring customer satisfaction.
We have collected 4 dedicated steps to start your journey towards a smart factory!
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