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Planning Processes lead to...
- Loss of business opportunities
i) Lack of
preparedness for demand (stock-outs).
ii) Under or over sale pricing…
- Higher costs
i)
Excessive inventory.
ii) Inability to negotiate volume purchase pricing…
- Deviation from business strategy
i) Incorrect product mix.
ii) Incorrect distribution mix…
- Individual "silo" decision
making
i) Bottlenecks
ii) Cycle time problems
iii) Inefficiencies of productivity
and cost…
- Uninformed decision making,
leading to inability to
i)
Steer
business according to a strategic plan.
ii) Take corrective action at the top.
iii) Take any corrective action…
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