10/11/2024

017. Overcoming Supply Change Challenges (morning)

Instructor: Jon Schreibfeder

Level of Complexity: Intermediate
9:00 AM - 12:00 PM

When you import products from overseas or have other situations where you face long replenishment lead times you face some special challenges. In this session we will explore effective ways of planning and maintaining your supply chain.

Topics will include:

• Forecasting demand for an extended period of time.

• Managing long lead times and order cycles.

• Effectively filling containers.

• Determining whether it is more effective to buy from a higher cost, more reliable. vendor or a lower cost, less reliable, supplier.

• Deciding whether it is more effective to buy from a vendor or replenish stock from a central warehouse/distribution center.

• Tools to measure the performance of your supply chain.

Learning Objectives: 

1. Forecasting product demand and setting replenishment parameters for an extended period of time.
2. How to select vendors and develop long term successful relationships.
3. Monitoring material movement from its source to your warehouse(s).
4. Determining when to replenish stock with a purchase from a vendor or a transfer from another company location.