PLANNING AND MANAGING INVENTORIES IN A SUPPLY CHAIN

1. COURSE OBJECTIVES

• Balance the appropriate costs in order to choose the optimal amount of cycle inventory In supply chain
• Understand the impact of quantity discounts on lot size and cycle inventory
• Devise appropriate discounting schemes for the supply chain
• Understand the impact of trade promotions on lot size and cycle inventory
• Identify managerial levers that reduce lot size and cycle inventory in a supply chain without increasing costs

2. FOCAL POINT

• Managing economies of scale in the supply chain cycle inventory
• The role of cycle inventory in the supply chain
• Economies of scale to exploit fixed, costs.
• Economies of scale to exploit quantity Discounts.
• Short – term Discounting: Trade promotions
• Managing multi-Echelon cycle inventory
• Estimating cycle inventory related costs in practice.

DATES, VENUES AND PROGRAMME FEES