This compelling three-day workshop will show you how to develop and execute a supply chain and distribution strategy to improve profitability.
It is designed for executives who want to learn how to improve the performance of their supply chain:
- Reduce inventory in the system
- Increase product availability
- Improve responsiveness at the plant level
Workshop Description
In many manufacturing environments, it is essential to make to stock. Often, the time it takes to procure raw materials and then produce the product is simply longer than customers are willing to wait. At the time the product is produced, it’s uncertain where it will be needed. The result is a dilemma for manufacturers. To maximize order fill rates to the consumer, inventory has to be carried in fairly significant amounts. However, that creates another problem: increasing costs for carrying inventory (obsolescence, interest, spoilage). So on one hand, the amount of inventory should be increased but, on the other, the amount of inventory should be reduced. Most supply chain solutions compromise one objective in favor of the other.
In this workshop you will learn, using constraint management (ToC), how to develop and execute an integrated strategy that resolves this problem without compromise. You will discover how, using ToC with an integrated approach, you can simultaneously reduce inventory and increase customer service.
You will take back to your company a powerful new understanding of the forces that create excess inventory and know how to govern good service to customers. You will be able to develop tactics that counteract demand uncertainty and improve plant flexibility. Finally, you will be to create a supply chain system that can be managed and controlled, integrating production, distribution and market planning.
|
