Advanced Forecasting & Inventory Management

Place- الموعد Date - المكان
2019-03-16 00:00:00 Cairo
2019-06-09 00:00:00 Turkey
2019-08-24 00:00:00 Sharm el-Sheikh
Who Can Benefit?

§ Managers in finance, operations and warehousing who drive improvement in the supply chain.


§ Supervisors and professionals responsible for the design and use of inventory management systems.

Course Outline

§ State-of-the-Art Overview

§Forecasting That Works

§New Rules for Effective Inventory Control

§ Integrating Inventory Plans with Business Plans

§ Three Principles for Success

§ New Performance Measurements for Inventory Management

§Customer Service Effectiveness
§Inventory Control
§ Warehouse Productivity

§  Return on Investment (ROI)

§ New Paradigm for Inventory Control

§Establishing the Right Controls

§The Problem With Traditional ABC Approaches

§Inventory Segmentation Approaches That Work

§ Planning Total Inventory Levels

§ Using Demand Data for Inventory Management

§New Principles of Forecast Simulation

§Setting Up a System for Every Scenario

§Integrating Demand Data with Inventory Planning

§ Models for New Items
§Forecast Accuracy Measurements

§ Creating Useful Inventory Forecasts

§Aggregate and Item Financial Data

§Projections for Capacity & Load Planning

§ Integrating Marketing Intelligence

§Aligning System Settings With Inventory Projections

§ Monitoring Inventory Flow Against the Forecast

§ Advanced Inventory Control Settings

§Using Safety time Instead of Safety Stock

§The New Concepts of EOQ

§ The Correct Evaluation of Price Breaks

§ Automating Replenishment Orders

§ An Advanced Forecasting & Inventory Management System in Action

§Unique Software Features & Functions

§ Demonstration of Inventory Control Concepts & Principals

§Key Reports For Inventory Analysis
§Creating Forecasts for Suppliers

§ Using Filters and Ranges 

§ New Roles for Inventory Control Personnel

§ Role of the Inventory Manager

§Reviewing Every Item, Every Day in a Weekly Work Plan

§ Developing Logical Ordering Strategies

§ Effective Expediting

§ Twenty Practical Considerations for Inventory Control

§ Distribution Requirements Planning (DRP)

§Supply Chain Management

§ Impact on Warehousing Activities


§Benchmarking World Class Inventory Management Systems