Integrating portfolio decisions into sales and operations planning: a literature review and novel framework for holistic decision-making (Review of Managerial Science, (2025), 19, 9, (2775-2832), 10.1007/s11846-024-00831-4)

In the original version of the article, the affiliation of the author Guilherme Bergmann Borges Vieira was incorrectly given as Department of Production and Systems Engineering, University of Vale do Rio dos Sinos, Av. Unisinos, 950– Cristo Rei, São Leopoldo, RS, Brazil but should have been Department of Production Engineering, University of Caxias do Sul, Caxias do Sul, Brazil There was a formatting error in Table 6, where a header was repeated across pages, causing confusion, particularly in the second part of the table. Table 6 which previously read Table 6 Portfolio planning objectives identified References Maximize Profit Customer satisfaction Operational efficiency Investment return Net present value (NPV) Supply chain financial performance Revenue Distribution efficiency Jiao and Zhang (2005), Liu and Hsiao (2006), Jiao et al. (2007), Sadeghi et al. (2010), Sadeghi and Zandieh (2011), Liu et al. (2014), Ma (2016) ✓ Yunes et al. (2007), Goswami et al. (2016), Dash et al. (2017), Menezes and Pinto (2022) ✓ ✓ Flapper et al. (2010), Anand et al. (2017), Cheng et al. (2022), Shih et al. (2022) ✓ Tucker and Kim (2008), Tucker and Kim (2009), Shunko et al. (2018) ✓ ✓ Smith and Ierapepritou (2011), Dorostkar-Ahmadi et al. (2022), Han and Weber (2023) Levis and Papageorgiou (2004), Ouhimmou et al. (2021) ✓ Oh et al. (2014), Golrizgashti et al. (2021) Bansal and Nagarajan (2017), Jeong et al. (2023) ✓ ✓ Goli et al. (2019a), Goli et al. (2019b) ✓ Alfieri et al (2020), Li et al. (2023) ✓ ✓ ✓ Goli (2023), Goli and Tirkolaee (2023) ✓ ✓ Montoya-Weiss and Calantone (1999) ✓ ✓ ✓ Wouda et al. (2002) Lin et al. (2005) Song and Kusiak (2010) ✓ Yu and Wang (2010) ✓ Langenberg et al. (2012) Broeke et al. (2017) Esmaeili and Arjmand (2019) ✓ ✓ Khorshidian et al. (2019) ✓ Brzęczek (2020) ✓ Hagspiel et al. (2021) ✓ ✓ Sarangi et al. (2021) ✓ ✓ ✓ Wang et al. (2021) ✓ Fontem (2023) ✓ Hossain et al. (2023) ✓ Klenk et al. (2023) ✓ Liu and Li (2023) ✓ References Minimize Other Engineering costs Supply chain costs Production costs Sales/marketing costs Distribution costs Sales forecast error Investment costs Investment risk Rank product deletion decisions Jiao and Zhang (2005), Liu and Hsiao (2006), Jiao et al. (2007), Sadeghi et al. (2010), Sadeghi and Zandieh (2011), Liu et al. (2014), Ma (2016) ✓ Yunes et al. (2007), Goswami et al. (2016), Dash et al. (2017), Menezes and Pinto (2022) Flapper et al. (2010), Anand et al. (2017), Cheng et al. (2022), Shih et al. (2022) Tucker and Kim (2008), Tucker and Kim (2009), Shunko et al. (2018) ✓ Smith and Ierapepritou (2011), Dorostkar-Ahmadi et al. (2022), Han and Weber (2023) ✓ Levis and Papageorgiou (2004), Ouhimmou et al. (2021) Oh et al. (2014), Golrizgashti et al. (2021) ✓ Bansal and Nagarajan (2017), Jeong et al. (2023) Goli et al. (2019a), Goli et al. (2019b) ✓ Alfieri et al (2020), Li et al. (2023) Goli (2023), Goli and Tirkolaee (2023) Montoya-Weiss and Calantone (1999) ✓ Wouda et al. (2002) ✓ Lin et al. (2005) ✓ Song and Kusiak (2010) ✓ Yu and Wang (2010) Langenberg et al. (2012) ✓ ✓ Broeke et al. (2017) ✓ ✓ Esmaeili and Arjmand (2019) Khorshidian et al. (2019) ✓ Brzęczek (2020) ✓ Hagspiel et al. (2021) Sarangi et al. (2021) ✓ ✓ Wang et al. (2021) ✓ Fontem (2023) ✓ Hossain et al. (2023) ✓ Klenk et al. (2023) ✓ Liu and Li (2023) ✓ But should have read Table 6 Portfolio planning objectives identified References Objectives Maximize Profit Customer satisfaction Operational efficiency Investment return Net present value (NPV) Supply chain financial performance Revenue Distribution efficiency Jiao and Zhang (2005), Liu and Hsiao (2006), Jiao et al. (2007), Sadeghi et al. (2010), Sadeghi and Zandieh (2011), Liu et al. (2014), Ma (2016) ✓ Yunes et al. (2007), Goswami et al. (2016), Dash et al. (2017), Menezes and Pinto (2022) ✓ ✓ Flapper et al. (2010), Anand et al. (2017), Cheng et al. (2022), Shih et al. (2022) ✓ Tucker and Kim (2008), Tucker and Kim (2009), Shunko et al. (2018) ✓ ✓ Smith and Ierapepritou (2011), Dorostkar-Ahmadi et al. (2022), Han and Weber (2023) Levis and Papageorgiou (2004), Ouhimmou et al. (2021) ✓ Oh et al. (2014), Golrizgashti et al. (2021) Bansal and Nagarajan (2017), Jeong et al. (2023) ✓ ✓ Goli et al. (2019a), Goli et al. (2019b) ✓ Alfieri et al. (2020), Li et al. (2023) ✓ ✓ ✓ Goli (2023), Goli and Tirkolaee (2023) ✓ ✓ Montoya-Weiss and Calantone (1999) ✓ ✓ ✓ Wouda et al. (2002) Lin et al. (2005) Song and Kusiak (2010) ✓ Yu and Wang (2010) ✓ Langenberg et al. (2012) Broeke et al. (2017) Esmaeili and Arjmand (2019) ✓ ✓ Khorshidian et al. (2019) ✓ Brzęczek (2020) ✓ Hagspiel et al. (2021) ✓ ✓ Sarangi et al. (2021) ✓ ✓ ✓ Wang et al. (2021) ✓ Fontem (2023) ✓ Hossain et al. (2023) ✓ Klenk et al. (2023) ✓ Liu and Li (2023) ✓ References Minimize Other Engineering costs Supply chain costs Production costs Sales/marketing costs Distribution costs Sales forecast error Investment costs Investment risk Rank product deletion decisions Jiao and Zhang (2005), Liu and Hsiao (2006), Jiao et al. (2007), Sadeghi et al. (2010), Sadeghi and Zandieh (2011), Liu et al. (2014), Ma (2016) ✓ Yunes et al. (2007), Goswami et al. (2016), Dash et al. (2017), Menezes and Pinto (2022) Flapper et al. (2010), Anand et al. (2017), Cheng et al. (2022), Shih et al. (2022) Tucker and Kim (2008), Tucker and Kim (2009), Shunko et al. (2018) ✓ Smith and Ierapepritou (2011), Dorostkar-Ahmadi et al. (2022), Han and Weber (2023) ✓ Levis and Papageorgiou (2004), Ouhimmou et al. (2021) Oh et al. (2014), Golrizgashti et al. (2021) ✓ Bansal and Nagarajan (2017), Jeong et al. (2023) Goli et al. (2019a), Goli et al. (2019b) ✓ Alfieri et al. (2020), Li et al. (2023) Goli (2023), Goli and Tirkolaee (2023) Montoya-Weiss and Calantone (1999) ✓ Wouda et al. (2002) ✓ Lin et al. (2005) ✓ Song and Kusiak (2010) ✓ Yu and Wang (2010) Langenberg et al. (2012) ✓ ✓ Broeke et al. (2017) ✓ ✓ Esmaeili and Arjmand (2019) Khorshidian et al. (2019) ✓ Brzęczek (2020) ✓ Hagspiel et al. (2021) Sarangi et al. (2021) ✓ ✓ Wang et al. (2021) ✓ Fontem (2023) ✓ Hossain et al. (2023) ✓ Klenk et al. (2023) ✓ Liu and Li (2023) ✓ The original article has been corrected