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
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.
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