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Improved Techniques for Distribution Inventory Planning… How to More Effectively Connect Your Factory to Your Distribution Channels
April 20 @ 10:00 am - 11:00 am| Free
The application of the fundamental lead-time offset planning logic of Material Requirements Planning (MRP) to independent demand items has provided an opportunity to substantially reduce global inventory investment. It also provides proven results in increased customer service levels throughout the supply chain and improved distribution efficiencies throughout market channels.
The purpose of this 3rd Thursday – “Operations Improvement Series” E-Learning Program is to demonstrate how the integration of application programs originally developed for the manufacturing environment is what makes global distribution planning possible… and substantially more routine. The technique presented, commonly referred to as Distribution Requirements Planning (DRP), will be interactively demonstrated in this webinar with the logic behind it fully explained.
For the manufacturer, we will show how demand in the DRP schedules become input to the Master Production Schedule, providing a communication link that is usually non-existent within the distribution interface. Further, we will demonstrate how changes in regional demands can be more easily consolidated and reported up to the Master Forecast and company’s Revenue Plan.
This powerful 1-hour FREE 3rd Thursday – “Operations Improvement Series” E-Learning Program has 5 important objectives:
1. To demonstrate a better mechanism for linking regional demands to consolidated demand.
2. To demonstrate why finished goods safety stock levels in a multi-point distribution network need to be determined at the individual distribution centers.
3. To present how sales order-entry should be managed in a DRP environment and how actual demand is reflected in this new approach.
4. To present alternatives for how backlog should be managed.
5. To determine who manages inventory levels in distributed inventory environments.
Though this 3rd Thursday – “Operations Improvement Series” Webinar is targeted primarily at global distribution companies that are supplied from company-owned manufacturing facilities, it is sufficiently broad enough in scope that the ideas presented can be applied to most manufacturing, global supply-chain and warehousing operations.