» Demand Planning
On-site Four Day workshop on Forecasting and Inventory Management.
- To schedule this customized on-site workshop, please contact us.
This program has been developed to communicate industry best practices in the area of inventory management and demand planning to Supply Chain professionals. This workshop aims to provide the necessary technical background to enable attendees to develop & implement new practices & procedures in supply chain management into their own business units.
The objective of this workshop is to empower Supply Chain Managers to leverage the power of demand planning and to incorporate the best practices in materials management. This workshop will holistically present the best practices in creating a demand plan and explain the concepts and calculations for optimizing your inventory parameters. We preach true inventory optimization - help you to establish the right parameters your process and systems may need to run a lean machine with just optimal inventories to deliver the service and fill rates.
This is a hands-on, practical workshop with many exercises and case studies and excel based work out problems. Every planner and material manager will leave the training hall with a diverse skill set to do their day to day jobs.
As a result of this workshop, the participants will be able to:
Detailed Agenda of the Workshop
7:45AM to 4:45PM
07:45 – 08:00 am Registration
08:00 – 08:45 am
08:45 – 09:45 am Group Introduction
09:45 – 10:00 am Coffee Break
10:00 to 12:00pm Demand Planning and Management
12:00 to 1:00pm – Lunch
01:00 – 2:00pm Case Study
Description of case study
02:00 – 3:15pm Purpose of Inventory – Introduction to Inventory Management Principles – Developing the Service Strategy
Purposes of inventory
03:15 – 03:30 pm Coffee Break
03:30 – 4:30pm Demand Consensus Process
07:45 – 04:30 pm
07:45 – 08:00 am Recap of Day 1
07:45 – 08:00 am Toolkit for Materials Management
10:30 am – 12:00 pm Principles of Inventory Management
12:00 pm – 01:00 pm Lunch Break
10:30 am – 12:00 pm Inventory Optimization
03:00 pm – 03:15 pm Coffee Break
03:15 pm – End of day Work on Individual Case study
8:15AM to 4:30PM
8:15 am to 8:30 am Recap of Day 2
8:30 am to 10:00 am Manage by Exception
10:00 – 10:15aM Coffee Break
10:15 – 11.00 am ABC Classification for Inventory
11:00 – 12:00pm Modeling and Graphical Decomposition
12:00 – 1:00pm Lunch Break
01:00 – 3:15pm Introduction to Forecast Modeling
03:15 – 3:30pm Coffee Break
03:30 – End of Day
8:15 am to 8:30 am Recap of Day 3
8:30 am to 10:30 am Work-site Inventory Management Techniques including Kanban
10:30 am to 10:45 am Coffee Break
10:45 am to 12:15 pm Multi-echelon distribution
12:15 pm to 01:15 pm Lunch
01:15 pm to 02:30 pm Measurement and KPIs for Inventory Management
02:30 pm to 02:45 pm Coffee Break
02:45 pm to 04:00 pm Forecast Accuracy
04:00 pm to 04:30 pm Feedback session
To schedule a customized on-site workshop, please contact us.
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Demand Planning, LLC is based in Boston, MA | Phone: (781) 995-0685 | Email us!
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