Inventory Replenishment Management

December 09, 2020
8:30 AM PST - 12:30 PM PST

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ZOOM Meeting
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 Directions

Inventory Replenishment Management begins with understanding the basic functions of statistical inventory management, and discusses the various tactics for support inventory requirements based on supply and demand by material type. 

Calculating safety stocks, order points and quantities will allow for attendees to have the right tools to validate or improve the systems they are currently working with, and improve their own business processes.

Attend this seminar and learn about:

  • Understanding independent and dependent demand, and why they are treated separately
  • Detailing the inventory replenishment process
  • Balancing demands against 7 inventory replenishment methods
  • Determining appropriate method of replenishment
  • Understanding inventory calculations
  • Describing the inventory planning process, and how it applies to you

 

By the conclusion of the seminar attendees will understand basic ordering techniques, ERP/MRP settings such as lot sizing, how to measure demand uncertainty, and the role of safety stock.

Tickets

$195.00 APICS Puget Sound Member

$195.00 APICS member, not from Puget Sound Chapter

$255.00 Non-APICS members

$380.00 Aseptico