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Effective Supply Chain Planning and Inventory Management

Improving the performance of your company's supply chain will have a positive impact on financial performance. The most common areas to look for improvement are an increase customer service, lower inventory levels, decreases in direct cost of manufactured goods, and increased capital equipment utilization. The problem that most companies run into is figuring out where to start and how to have a structured approach to improving supply chain performance.

This on-demand webinar helps professionals gain an understanding into the basics of supply chain planning. It gives a best in class process for the key areas of supply chain planning including S&OP planning, demand planning, inventory planning and supply planning. It takes a quick look at each of these areas in order to give the attendee the background in each of these areas that is necessary to understand how they all fit together. The material in this program summarizes the insights that have been gained in working with more than 100 companies in many different verticals. Although the details of each of these verticals may be different the same essential principles are needed in order to have a best in class planning process, and they are examined in this on-demand webinar. The understanding gained from this on-demand webinar will enable a person to go back and do a better job analyzing how their own company is performing in the areas outlined and how to put in place a structure for improvement.

Learning Objectives:

  • You will be able to discuss the best supply chain performance measures to target.
  • You will be able to explain 7 basic steps for S&OP Planning.
  • You will be able to identify master production scheduling and replenishment planning essentials.
  • You will be able to describe fundamentals of plant level sequencing.

Runtime: 86 minutes
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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

The Financial Benefits of Improved Supply Chain Planning and Inventory Management

  • How Supply Chain Planning Impacts Financial Measures
  • Typical Benefits From Improved Supply Chain Planning
  • Best Supply Chain Performance Measures to Target

Sales and Operations Planning (S&OP Planning)

  • Why S&OP Planning
  • The Basic 7 Steps for S&OP Planning
  • The Keys to Successful S&OP Planning

Demand Planning

  • Demand Planning Process Overview Within S&OP Planning
  • Basics of Statistical Forecasting
  • Demand Management Process Details

Inventory Planning

  • The Components of Inventory
  • Setting Inventory Targets
  • Statistical Safety Stock
  • What Is Multi-Echelon Inventory Optimization

Supply Planning

  • Linking Capacity Planning, Master Production Scheduling and Plant Sequencing
  • Capacity Planning and Network Optimization Overview
  • Master Production Scheduling and Replenishment Planning Essentials
  • Fundamentals of Plant Level Sequencing
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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on October 24, 2013.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

William Green

William Green

Adexa Inc

  • William Green is the vice president of Product Solutions with Adexa Inc.
  • 25 years of experience in supply chain planning
  • Experience consulting with more than 100 companies across various verticals
  • Verticals: Semiconductor, High Tech, Industrial, Consumer Goods, Chemical, Pharma, and others
  • Supply Chain Focus: S&OP, Demand Planning, Inventory Planning, Supply Planning, Factory Planning
  • B.S. degree in engineering-operations research, Cornell University
  • Can be contacted at [email protected] or 203-434-0352
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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 392127
Published 2013
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