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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.
Materials Planning System
· Master production scheduling
· Bill of materials
· Lead times
· Rough cut capacity planning
· Materials requirements planning
· Capacity requirement planning
· Sales forecasting
· Statistical forecasts
· When forecasting is easier
· When forecasting is harder
· 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.
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.|
|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|
Pay ₦105000 for this Training