Competitive Implications of Demand Planning

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About This Course

Discover ways to make your transportation and facilities network more efficient and effective. Collaborate on a simulation based on common supply chain challenges, revealing methodologies and solutions you apply at your organization.
Topics & Takeaways

  • Financial Imperatives of Inventory Management: read about the changing role of inventory management and hear about both immediate and long-term financial implications
  • Forecasting: discuss the most common forecasting techniques and how to improve Sales & Operations Planning (S&OP) aggregate planning
  • Inventory Management: address concerns such as carrying costs, misaligned incentives, and the factors that create excess inventory costs – all working against an end-to-end mindset
  • Improving Forecasts and Reducing Inventory: investigate forecast errors and bias and methods for reducing inventory such as Economic Order Quantity, Reorder Point Models, Multi-Echelon Inventory Modeling, and Technology Enablement

Business Impact 

  • Enhanced knowledge of the end-t0-end supply chain in order to remove silos and capitalize on synergies within your organization
  • Generation of new ideas for aligning incentives

Target audience

  • Newer supply chain leaders who want to study introductory concepts
  • Front-line supply chain leaders addressing operational issues within the supply chain

Expectations

  • 5 daily lessons, approximately 30 minutes of activities in each of the first four days
  • 60 minute virtual live event with Expert Faculty on the capstone day
  • Expert Guide support of questions, comments, and group engagement and collaboration
  • Active participation – devoting your time to structured dialogue, private reflection, and deliberate practice will increase your knowledge and takeaways
  • Practical application – you can directly try and apply what you learn each day

Expert Faculty

Chris Norek

Senior Partner, Chain Connectors, Inc. Affiliated Faculty Member in Supply Chain Management, Penn State Smeal College of Business

Course Features

100% Online Course Platform

30 Minutes Per Day

Leadership Coaching

World-Class Expert Teaching

Community of Practice

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