SCM Tutorials

Jan 31, 2011

CPFR Model: 4. Analysis – Exception Management: Collaborative Planning, Forecasting and Replenishment

CPFR Model: 4. Analysis – Exception Management CPFR Analysis Exception Management Overview Identify forecast exceptions Identify the exceptions Resolve the exceptions Exception Management Output h2. CPFR Analysis (VICS CPFR Mode)… 

Jan 31, 2011

CPFR Model: 2. Demand & Supply Management: Collaborative Planning, Forecasting & Replenishment

*h2. CPFR Model: 2. Demand and Suply Management What Is CPFR Demand and Supply Management? Sales Forecasting Overview Sales Forecasting Steps Sales Forecasting Output Order Planning / Forecasting Overview Order… 

Jan 30, 2011

REFERENCES: Inventory Management Models : A Tutorial

REFERENCES Most introductory textbooks in Operations and Supply Chain Management offer a good discussion of inventory systems. Inventory functions and drivers, independent demand models, and safety stock calculations are routinely… 

Jan 30, 2011

REORDER POINT FORMULA: Inventory Management Models : A Tutorial

REORDER POINT FORMULA The reorder point formula allows us to determine the safety stock (SS) needed to achieve a certain cycle service level. In general, the longer the lead times… 

Jan 30, 2011

CPFR Model: Collaborative Planning, Forecasting and Replenishment (CPFR): A Tutorial

CPFR Model As defined by Voluntary Inter-Industry Commerce Standards (VICS) Association Why the Need for a Standard Process Model? The CPFR Process Model CPFR: Key Tenets Why the Need for… 

Jan 28, 2011

SAFETY STOCK ANALYSIS: Inventory Management Models : A Tutorial

SAFETY STOCK ANALYSIS EOQ tells us HOW MUCH to order…but WHEN should we order? p. Safety StockWhat Happens when either Demand or Lead Time Varies?What is the Chance of a… 

Jan 28, 2011

PERPETUAL SYSTEM: Inventory Management Models : A Tutorial

PERPETUAL SYSTEM p. The two classic systems for managing independent demand inventory are periodic review and perpetual review systems. This section focuses on the Perpetual System. What is a Perpetual… 

Jan 28, 2011

ECONOMIC ORDER QUANTITY (EOQ) MODEL: Inventory Management Models : A Tutorial

ECONOMIC ORDER QUANTITY (EOQ) MODEL The economic order quantity (EOQ) is the order quantity that minimizes total holding and ordering costs for the year. Even if all the assumptions don’t… 

Jan 28, 2011

FUNCTIONS AND DRIVERS OF INVENTORY: Inventory Management Models : A Tutorial

FUNCTIONS AND DRIVERS OF INVENTORY Inventory serves a useful purpose in the supply chain. That said, firms can help minimize the need for inventory by carefully managing those factors that… 

Jan 28, 2011

Understanding Legistlation Related to Procurement: Procurement : A Tutorial

Understanding Legistlation Related to Procurement p. ContractsLaws of AgencyPersonal LiabilityInternational Laws Affecting Global PurchasingContracts vs AgreementsBetsy and Mimi’s Contrac – An EXAMPLE Contracts Contract “A promise or a set of…