Inventory Optimization using Lot Sizing
IC0828

Inventory Optimization using Lot Sizing

Learn how to perform an inventory analysis using classic ABC-XYZ analysis tools and determine the best lot-sizing procedure for your material groups choosing from a static, period, fixed range, or optimal lot size procedure. After taking this course you should be able to construct a plan to help your Supply Chain achieve better results through inventory management and optimal lot-sizing.

6  Reviews   4.3 of 5.0

Course Goal

  • Learn to create Custom Configured Lot Sizes
  • Understand Static Lot Sizing and Optimal Lot Sizing Procedures
  • Work with Period Lot Sizing Procedures
  • Understand Fixed Ranges Dynamic Safety Stock

Audience

  • Consultants
  • End users
  • IT/Business analysts
  • Project Managers
  • Project team members

Exam/Certificate


Lesson Plan

#Description
Introduction
1 Welcome - Goals and Agenda Preview
Inventory Analysis
2 Looking at an ABC Analysis
3 ABC Analysis Demo in SAP
4 Looking at an XYZ Analysis
5 XYZ Analysis Demo in SAP
6 Looking at the ABC-XYZ Matrix Demo in Excel
Lot Sizing Overview
7 Lot Size Overview
Static Lot Sizes
8 Static lot size overview - Advantages/Disadvantages
9 Understanding the Exact Lot Size - Demo in SAP
10 Understanding the Fixed Lot Size - Demo in SAP
11 Looking at Splitting and Overlapping - Demo in SAP
12 How to replenish up to maximum stock levels - Demo in SAP
Period Lot Sizes
13 Period Lot Size Procedures Overview
14 Looking at the Daily Lot Size - Demo in SAP
15 Looking at the Weekly Lot Size - Demo in SAP
16 Looking at a Monthly Lot Size - Demo in SAP
17 Lot Size According to Planning Calendar - Demo in SAP
Fixed Ranges (Dynamic Safety Stock)
18 Fixed Ranges (Dynamic Safety Stock)
Optimal Lot Size
19 Optimal Lot Size Overview
20 Understanding Part Period Balancing - Demo in SAP
21 Understanding Least Unit Cost - Demo in SAP
22 Understanding a Groff Reorder Procedure - Demo in SAP
23 Looking at the Dynamic Lot Size - Demo in SAP
Custom Configured Lot Sizes
24 Learn how to create Custom Configured Lot Sizes
SUMMARY
25 Summary
26 Slide Handouts

Instructor

Matt Hunt

4.8 Average Rating

44 Reviews

128 Students

7 Courses

Matt Hunt

SAP Solution Architect

Matt has over 16 years experience using SAP ECC in the Supply Chain and Manufacturing space. Matt's current role as a technical lead for one of the largest consumer product goods companies in the world has taken him around the globe as he has trained over a thousand users in the SAP PP, MM, and LE modules. Matt has experience working on both the supply chain operational side as well as the IT technical side, so his courses are designed for both end users as well as IT Professionals.


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SAP Training for Businesses

Language: English
Level: Intermediate
Duration: 2.5 hours
Type:  Instructor-led
Release: ECC 6.0
Category: SAP Logistics

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