Who should attend?

 

• New users or those who've inherited the forecasting position
•  Experienced users who need a refresher course
•  Those are in line to take over forecasting
•  Managers of forecasters and inventory planners who want to thoroughly understand their tools
•  Information systems analysts supporting FGS and integrating systems

 

Syllabus

 

• The dilemma of the inventory manager
•  Statistical inventory management
•  The anatomy of a forecast model
•  Customize your database
•  Data requirements and loading
•  Query and edit the database
•  ABC analysis
•  Group with lists
•  Simulate to improve forecasts
•  Establish inventory targets to meet your service goals
•  Monthly forecasting process
•  Write commands to simplify the process
•  Management reports
•  Export forecasts to other systems

 

Hands-on exercises

 

• Implement a pilot forecasting system
• Run a forecasting system for 3 months
• Query the database
• Save time with lists
• Automate using commands
• Editing the database
• Simulate a $500,000 inventory reduction