For several decades, material planning has been the standard method for manufacturing and inventory planning. Demand Planning and material planning requires informed judgment, business expertise, and technical skills. Done well, it can provide a true competitive edge and increased sales, while managing inventory and maintaining best-in-class customer service. Demand and material planning depend on both a structured process and modeling. Both are equally important. In this programme facilitators describe not only the fundamentals of demand and material planning, but also the essence of forecasting process and the role it plays in demand planning.
At the end of the programme participants will be able to:
Purchasing, Procurement, Inventory, Sales and Project personnel. All others who are involved in the planning, evaluation, preparation and management of demands that cover the acquisition of materials, parts, equipment, and services, and those who are in organizations whose leadership want high levels of excellence in those involved in these activities.
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