Based on the industry-leading APICS body of knowledge, this seminar ensures your employees understand the foundations of efficient, profitable management of inventory throughout the supply chain.
How You Will Benefit:
Reduce your cost of inventory obsolescence, Become truly responsive to your customers’ real needs, Make your scheduling and shop loading more efficient, Narrow the gap between sales and stock replacement, Fine-tune your record-keeping accuracy for better inventory management, Determine your exact material status and inventory dollar burden
What You Will Cover:
Business-wide concepts, including production environments and financial fundamentals, Demand-planning, including markets and customer expectations, definition of value, Overview of demand forecasting
Design, process, and control of manufacturing process itself, Supply issues, including concepts of inventory, purchasing, and physical distribution
Who Should Attend:
Factory and inventory control professionals, manufacturing and production control managers, industrial engineers, plant managers, material and purchasing managers, factory superintendents and customer/technical service managers who can benefit from enhancing their inventory management techniques.
Seminar Outline:
Business-wide Concepts: Organization Fundamentals, Elements of the supply chain, Supplier, Producer, Distributor, Retailer, Customer, Service and support, Internal organizational dynamics, Operating, Environments, Definition and impact of:, Customer expectations, Cumulative lead time, İnventory, Product life cycle, Product design, Process choices, Project, Lot/batch/intermittent, Line/repetitive, Continuous, Production environment, Design/engineer-to-order, Make-to-order, Assemble- or package-to-order, Make-to-stock, Remanufacture, Financial Fundamentals, Statements, Balance sheet, Income statement, Cash flow statement, Costs, Cost of goods sold, General and administrative, Fixed and variable costs, Analysis, Cash flow, Profit, Margin, Inventory turns, Enterprise Resources Planning (ERP), Objectives, Key principles and characteristics, Top-management planning tool, İntegrated planning structure, Cross-functional integration, Closed-loop (feedback), What-if simulations, Financial data
Just-In-Time (JIT/Lean), Objectives, Key principles and characteristics, Flow manufacturing, Process flexibility, Quality at the source, Continuous improvement, Supplier partnerships, Employee involvement, Total productive maintenance, Pull systems, Work cells, Elimination of waste, Concepts of waste and value-added activity, Quality systems, Objectives, Key problems and characteristics, Problem-solving tools, Costs of quality, Customer focus, Employee empowerment, Process improvement, Impact of environment n system design and deployment, JIT/Lean using ERP, Quality systems impact, Demand Planning:, Marketplace-driven, Customer, Competitors, Economy and regulatory policy, Customer expectations and definition of value, Order winners/qualifiers, Quality, Delivery, Pre-sale and post-sale service, Price, Flexibility, Marketing strategy, Customer relationships management, Expanding product/service offerings, Design assistance, İnformation/communications, Demand management, Sources of demand, Forecast management, Characteristics of demand, Principles of forecasting, Methods, Forecast error measurement and response,  …more

Based on the industry-leading APICS body of knowledge, this seminar ensures your employees understand the foundations of efficient, profitable management of inventory throughout the supply chain.
How You Will Benefit:
Reduce your cost of inventory obsolescence, Become truly responsive to your customers’ real needs, Make your scheduling and shop loading more efficient, Narrow the gap between sales and stock replacement, Fine-tune your record-keeping accuracy for better inventory management, Determine your exact material status and inventory dollar burden
What You Will Cover:
Demand management, including demand forecasting and distribution planning, Sales and Operations Planning, including management considerations, how the process works, and how to develop a production plan, Master scheduling, including linking the process to the business environment and measuring master schedule performance
Who Should Attend:
Factory and inventory control professionals, manufacturing and production control managers, industrial engineers, plant managers, material and purchasing managers, factory superintendents and customer/technical service managers who can benefit from enhancing their inventory management techniques.
Seminar Outline:
Demand Management, General Concepts And Purposes, The Planning Hierarchy, Relating The Planning Process To The Environment, Forecasting Demand, Demand Forecasting Concepts, The Relationship Between The Timeliness And Accuracy Of The Data And The Requirements Of The Forecast, Management Considerations Related To Forecast Selection, How To Select A Time Horizon And İnterval, And A Level Of Aggregation, The Fit Of Basic Qualitative Techniques, The Fit Of Basic İntrinsic Quantitative Techniques. Specific Techniques That Should Be Understood İnclude: Simple Averages, Single Level Exponential Smoothing, Time Series Decomposition, The Fit Of Basic Extrinsic Quantitative Techniques, Evaluating Forecast Performance, Management Of The Customer Interface: Customer Relationship Management (Crm) Concepts, How To Set Customer Service Policies, Safety Stock, And Performance Target, Methods For Calculating And Using Available-To-Promise (Atp) And Capable-To-Promise (Ctp) Quantities, How To Maintain Effective Customer Communications, Techniques For Measuring Order Delivery Performance, Distribution Planning, The Various Distribution Strategies And Network Configurations, How To Select Between Various Transportation Methods, Where To Locate İnventory Within The Network, How To Link The Distribution Network To Customer Demand And Master Scheduling, How To Measure The Performance Of The Distribution System, Sales And Operations Planning, General Concepts And Purpose, The Key Linkages To The S&Op Process, The Different Methods For Balancing Supply And Demand, The Trade Offs Related To Different Volume/Mix Combinations, How To Carry Out The S&Op Process İn Different Business Environments, Management Considerations, How To Evaluate Alternative Plans, How To Assess The Financial İmplications Of The Plan, How To İdentify: The Various Stakeholders İn The Process, The Planning Horizon, The S&Op Process Owner, How To Establish: Customer Service Levels, Inventory Levels, Backlog Levels, The Sales & Operations Planning Process, The Various Levels Of Management İnvolved And Their Roles, The Five Steps  …more