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.
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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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Credit
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.
Credits
OnDemand Course
This course was last revised on November 13, 2024.
Call 1-866-352-9540 for further credit information.
- 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.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
MP3 Download
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Credit
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.
Faculty
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]
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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.
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