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Materials Planning And Forecasting

0 person is attending    0 Views    Supply chain/Logistics    ₦105000   

OBJECTIVE:

At the end of the workshop, participants will be familiar with techniques by which materials planning and forecasting can be used for adequate availability of materials to avoid breakdown in production.

 

CONTENT:

Materials Planning System

· Master production scheduling

· Bill of materials

· Lead times

· Rough cut capacity planning

· Materials requirements planning

· Capacity requirement planning

Demand forecasting

· Sales forecasting

· Statistical forecasts

· When forecasting is easier

· When forecasting is harder

Replenishment Methods

· Materials planning

· Economic order quantities (EOQ)

· Minimum –maximum methods

· Company continuous and periodic review methods

· Two-bin methods

Inventory Costs and Service

· Why hold stock?

· Inventory costs

· Lead time variability and uncertainty

· Inventory and statistics

Model for Planning Inventory

· Managing inventory by value and by volume

· Model for inventory planning

· Forecasting tools.

 

FOR WHOM: Stores, Purchasing and Logistics Personnel in the Public and Private Sectors.

 

Training Methodology

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participants will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.



What you'll learn At the end of the workshop, participants will be familiar with techniques by which materials planning and forecasting can be used for adequate availability of materials to avoid breakdown in production.
Seats Remaining 15
Venue Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor) Opposite Adekunle BRT Bus-stop, Yaba - Lagos.
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Starts On 31 May 2017
Ends On 02 Jun 2017
Registration Closes 31 May 2017



Trainer

Alpha Partners
Member since: 1 year ago
Alpha Partners is a staff training and development company headquartered in Lagos, Nigeria.

Pay ₦105000 for this Training

Training Cost ₦105000
VAT (0%) ₦0
Total Cost ₦105000
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