Safety Stock: Finished Goods, WIP, or Raw Material?

February 06, 2018
5:30 PM PST - 8:15 PM PST

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Coast Bellevue Hotel
625 116th Ave NE
Bellevue, WA 98004
http://www.coasthotels.com/hotels/washington/bellevue/coast-bellevue-hotel/
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Syllabus:

1.         Rationale behind Component Safety Stock (CSS)

2.         Applicability of CSS—when to use it and when not to use it

3.         Using CSS for inventory reduction

4.         Using CSS to manage production interruptions and expedites

5.         Using CSS to reduce lead times and increase production flexibility

Biographical Information: John A. Estep, CFPIM, is president of E/Step Software Inc., a Yakima, Washington based company specializing in education and software for finished goods/service parts forecasting, and inventory & replenishment planning. A frequent speaker at industry conferences, Mr. Estep has written dozens of conference and trade journal articles and was a columnist for APS (Advanced Planning & Scheduling) Magazine, writing their "On Demand" column. With a background in mathematics, statistics, operations research, and electrical engineering, he worked on his first forecasting system for an apparel manufacturer in 1970, and has since counseled hundreds of companies on their forecasting and inventory planning needs. Mr. Estep is the chief architect for his company’s Finished Goods Series demand forecasting and inventory planning software.

Tickets

$35.00 Members

$48.00 Non-members