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