PPT-Demand Forecasting in a Supply Chain

Role of Forecasting in a Supply Chain The basis for all planning decisions in a supply chain Used for both push and pull processes Production scheduling inventory aggregate planning Sales force allocation promotions new production. Chapter 15. MIS 373: Basic Operations Management. Learning Objectives. After this lecture, students will be able to . Explain the terms supply chain and . logistics. Discuss the importance of supply chain management. A forecast is a prediction or estimation of future situation. It is an objective assessment of future course of action. Since future is uncertain, no forecast can be per cent correct. Forecasts can be both physical as well as financial in nature. The more realistic the forecasts, the more effective decisions can be taken for tomorrow.. Revision 1. Agenda. Objectives. The Goal of a Process. The Forecasting Process. The Supply Chain Process. Goals and Objectives. Emphasize the critical role of Forecasting. Provide a basic understanding of Supply Chain Planning for Non-Supply Chain professionals.. Greg H. Parlier, PhD, PE. Presented by. Tom McLaughlin. Valu-Lytics, Inc. November 3, 2015. . Background. National Research Council, Board on Army Science and Technology Report: . Force Multiplying Technologies for Logistics Support to Military Operations (2014). May 2013. More than 10,000 items to review on a monthly and/or weekly rolling planning horizon. Volatile and complex planning environment. Difficulty to hire and retain skilled specialists in supply chain or operations management. What is Procurement and Supply? A purchasing career There’s a role for everyone at all levels! So what’s it all about? Innovation and creativity Managing supply chain risk Ethics and sustainability What is Procurement and Supply? A purchasing career There’s a role for everyone at all levels! So what’s it all about? Innovation and creativity Managing supply chain risk Ethics and sustainability www.achain.com.br | Gestão de Outliers, Planejamento, SOP, Demanda, Forecast, Operações, Serviços, Customer, Supply Chain, PPCP, Produção, Logística, Estoques, Compras, Lean, Sourcing, Procurement, CPIM, CLTD, CSCP, #aChain #planejamento #SupplyChain #SOP #Demanda #Forecast #producao #Lean 3-. 1. Supply Chain Management. Outline. Drivers of supply chain performance. A framework for structuring drivers. Facilities. Inventory. Transportation. Information. Sourcing. Pricing. Obstacles to achieving fit. in . Managing Uncertainty in a Supply Chain. Northern . Illinois University. Department of Technology . Shun Takai. Role of Safety Inventory in a Supply Chain. . Role . of Safety Inventory in a Supply Chain. in a Supply Chain. Forecasting -1. Moving Average. Ardavan. . Asef-Vaziri. Based on . Operations management: Stevenson. Operations Management: Jacobs, Chase, and . Aquilano. Supply Chain Management: Chopra and . . TAIR Conference. Lubbock, March 4, 2009. Presenters. Gabriela Borcoman. Texas Higher Education Coordinating Board. Ruben Garcia . Texas Workforce Commission. Objectives. Explain the supply/demand concept. 3. Learning Objectives. Identify the major drivers of supply chain performance.. Discuss the role of each driver in creating strategic fit between the supply chain strategy and the competitive strategy.. 2. Learning Objectives. Explain why achieving strategic fit is critical to a company’s overall success.. Describe how a company achieves strategic fit between its supply chain strategy and its competitive strategy..