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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.

7  Reviews   4.4 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

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

7
Lot Size Overview

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

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

18
Fixed Ranges (Dynamic Safety Stock)

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

24
Learn how to create Custom Configured Lot Sizes

25
Summary
26
Slide Handouts

Instructor

Matt Hunt

4.7 Average Rating

50 Reviews

134 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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Student Feedback

4.4

Average Rating

Reviews

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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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