Live Webinar

65-minute live streaming program
  • November 13
  • 1:00 - 2:05 pm EST

Also available as:

OnDemand Course

Demand Forecasting for Inventory Planning

November 13

Learn how to master demand forecasting and inventory planning and unlock better supply chain outcomes.

In the ever-evolving world of supply chain management, trust in accurate demand forecasts is at the heart of every successful strategy. Understanding exactly what you will need, when and where you will need it, along with the necessary quantity, quality, and price, is critical. Achieving this level of confidence requires a robust approach to demand forecasting for proper inventory planning and developing an effective supply chain strategy. Join procurement experts from ProcureAbility to learn how to master demand forecasting and inventory planning and unlock better supply chain outcomes.

Learning Objectives

  • You will be able to define demand forecasting principles, trends and inventory planning.
  • You will be able to describe supply chain strategies and approaches.
  • You will be able to explain inventory planning principles.
  • You will be able to review organizational and department alignment within your business.

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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Principles for Demand Forecasting
  • Why Demand Forecasting Is Crucial to Supply Chain
  • Importance of Organizational Alignment
  • Types of Demand, Types of Trends, and Factors Affecting Demand
Principles for Inventory Planning
  • Pros and Cons of High Inventory
  • Types of Inventory and Costs
  • Fundamental Inventory Approaches
Key Supply Chain Strategies
  • Push vs. Pull
  • Integrating Push-Pull Strategies
  • Examples by Industry
Case Study
  • Pain Points
  • Tailored Solutions
  • Client Impact
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

Live Webinar Registration

  • AIPB 1.0
     
  • This program is acceptable for 1.0 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     
  • CPIM/CFPIM/CSCP 1.0
     
  • This program may qualify for 1.0 certification maintenance points toward the CSCP, CPIM and CLTD designations through The Association for Operations Management.
     
  • ISM 1.0
     
  • Participants who successfully complete this program will receive 1.0 hours of continuing education. They may be applied toward ISM CPSM, CPSD or C.P.M. recertification. ISM's consent to approve hours for this educational event is not an endorsement of this program or its content by ISM.
     
  • CPE 1.2 including Production 1.2
     
  • Noggin Guru, Inc. dba Lorman Education Services and BankersHub is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.2 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Production for 1.2 hours. Prerequisite: basic knowledge of purchasing contracts. Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     

OnDemand Course

This course was last revised on April 2, 2019.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Who should attend?

This live webinar is designed for purchasing and procurement professionals, buyers, material managers, contract administrators, project managers, controllers, accountants, and bookkeepers.

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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Joe Adamski

Joe Adamski

ProcureAbility

  • Senior Director at ProcureAbility
  • Over 12 years of advisory and consulting experience in strategic procurement and large-scale transformations
  • Has deep experience in launching and executing programs focused on strategic sourcing, supply chain, procurement strategy, organizational design, and transformations
  • Featured speaker at SIG, UPMG and other industry conferences
  • Author of ‘Innovation: Blue is the New Green’ in The Journal of the American Management Association
  • Evaluation Committee Member for LUMA Energy
  • M.B.A degree Emory University’s Goizueta Business School; B.S. degree in physics from the United States Air Force Academy
  • Can be reached at [email protected]
Tapan Pandya

Tapan Pandya

ProcureAbility

  • Director at ProcureAbility
  • Corporate process and procurement leader with a demonstrated history of managing programs, clients, and delivery to drive cost reduction
  • Experience includes holding various roles at Fortune 500 companies, focused on repeatable processes, continuous improvement, and program management
  • Featured speaker at Procurement Leaders, SIG and other industry conferences
  • M.B.A. degree from UCLA’s Anderson School of Management; M.S. degree in mechanical engineering from Wayne State University; M.S. degree in finance from Walsh College
  • Can be reached at [email protected]
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Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman

All of your training, right here at Lorman.

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Product ID: 411489
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