The Principles of Operations Planning is a series of workshops that provides a fundamental knowledge and understanding of the basic inventory planning principles and specific techniques that are used at each level in the planning process—from strategic to tactical.
Questions? Contact our office at 570-675-9253 or email [email protected].
Part 1: Master Planning and Scheduling
The Master Planning and Scheduling workshop focuses the participants’ attention to the core planning mechanism in operations management—this determines the timing and capability of forecasted products needed to meet customer expectations. Implementation of MPS processes is critical to sustain and ensure the continuous improvement and growth of a company. The workshop consists of four 2-hour sessions.
Part 2: Forecasting
The Forecasting workshop concentrates on methods to:
- establish performance measurements for servicing the customer
- plan the level of inventory investment needed
- select alternative operating strategies, and
- evaluate the company’s ability to respond to future needs of the marketplace.
We will focus our attention to what makes forecasting inaccurate and emphasize better means to collect data and control the process. Forecasting is a primary input to the master scheduling process and therefore is critical in reducing inefficiencies and lost opportunities with the master planning and control flow. This workshop consists of four 2-hour sessions.
Part 3: Inventory Management
The Inventory Management workshop concentrates on:
- specific techniques to determine what to order, when to order and how much to order
- transactions that affect the accuracy of inventory
- comparing two means of inventory adjustments—physical inventory and cycle counting
Inventory accuracy is key to the other four elements of execution: forecasting, capacity management, execution and planning. This session will impart a fundamental knowledge and understanding of the basic inventory planning principles and specific techniques that are used at each level in the planning process, from strategic to tactical.