Logistics and Supply Chain Management
Supply Chain Planning Programme
For executives, managers and analysts who want to improve forecast accuracy, release cash from inventory and meet service level targets.
Now more than ever, businesses recognise the need to reduce inventory investment and improve the match between supply and demand. This course addresses the fundamental problems facing supply chain managers in the areas of demand planning, forecasting and inventory optimisation.
What will I get out of the programme?
You will gain:
- Practical knowledge of demand planning, forecasting and inventory optimisation tools, techniques and systems
- The ability to identify the most appropriate forecast techniques for your products
- An improved understanding of how your inventory policy impacts on service and cost
- An increased ability to lead or advise on strategies to improve the performance of demand and inventory planning in your organisation.
Your organisation will:
- See improvements in forecast accuracy
- See improvement in stock availability and stock levels
- Benefit from reduced obsolescence and inventory investment
- Improve inventory management leading to higher product availability
- Be more responsive to demands from the market.
What is the programme about?
Demand Planning and Forecasting
- Best practice demand planning and forecasting
- Managing the forecast through the Sales and Operations Planning process
- Essential forecast metrics.
Inventory Planning and Optimisation
- Inventory control models
- Methods for managing new products and slow movers
- The strategic positioning of inventory within the supply chain.
Who is the programme for?
Managers and analysts responsible for producing demand forecasts and inventory plans. The programme will enable them to improve the quality of these plans and to identify other opportunities for cost reduction.
Executives who have responsibility for supply chain planning and who are likely to have been exposed to some of the problems caused by inaccurate forecasts, excess inventory and poor customer service.
Director(s)
Dr Matias Enz, Lecturer in Logistics and Supply Chain Management