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.
In this course you will learn:
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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
Lesson Plan
| Lesson | Description | Preview |
| 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
14 Reviews
55 Students
5 Courses
SAP Solution Architect
Stevensville, MI, US
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.
More Courses by Matt Hunt:
Student Feedback
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| Level: | Intermediate |
| Duration: | 2.5 hours |
| Type: | Instructor-led |
| Delivery: | Online, instructor-led |
| Release: |
ECC 6.0 |
| Category: | SAP Logistics |
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-Jim E.
County of San Luis Obispo
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