What is Long Range Planning (LRP)? - Strategic Business Planning

Planning for the future is hard, especially if you don't know where to start. That is where long-range planning comes in. But unfortunately, many people feel lost when it comes to long-range planning. This video will show you what LRP is and an example of it. We will also give you a step-by-step guide to creating a long range plan of your own, how often you need to update it, and how it can benefit your business. And long-range planning in the supply chain. So if you are ready to learn about long-range planning, let us get started.