Competitive Implications of Demand Planning

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

Dr. Chris Norek
Affiliated Faculty in Supply Chain Management, Penn State University

Additional Material