CHAPTER 7

Reconciliation and Executive SIOP

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After the supply review team has concluded with their analysis of the demand plan, the differences between supply and demand will need to be balanced and reconciled in Weeks 3 and 4.

This is where, as I call it, the food fight between marketing, finance, and the supply chain occurs.

In accounting terms, reconciliation is defined (by Wikipedia, Investopedia, Merriam-Webster, and other dictionaries) as the action of making financial accounts consistent. It also encompasses the actions of making one view or belief compatible with another and the restoration of friendly.

So, all of the definitions apply ...

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