What You Will Learn From this Seminar
· What are the four (4) factors that affect a forecast?
· How to ascertain the ROI of safety stock?
· Understand the relationship between Supply Chain Management and Lean Thinking
· What are the five (5) process steps of Sales and Operations Plans?
· How to identify bias in forecasting?
· Where and when to employ forecast trend signals?
· Understand the concept of Collaborative Planning, Forecasting and Replenishment (CPFR)
· What are the ten (10) critical issues of inventory?
· How to determine what the Cost of Carrying Inventory is and its importance?
· What Customer Relationship Management (CRM)is where and how to employ it?
· What is the difference between the various replenishment alternatives (Kanban, MRP, ROP, VMI) and for which environment are they appropriate?
· Which is a better measurement of inventory, turns or days of supply?
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