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
12:18 mins
3
ABC Analysis Demo in SAP
07:04 mins
4
Looking at an XYZ Analysis
07:13 mins
5
XYZ Analysis Demo in SAP
06:18 mins
6
Looking at the ABC-XYZ Matrix Demo in Excel
06:04 mins

7
Lot Size Overview
05:09 mins

8
Static lot size overview - Advantages/Disadvantages
06:46 mins
9
Understanding the Exact Lot Size - Demo in SAP
06:55 mins
10
Understanding the Fixed Lot Size - Demo in SAP
03:45 mins
11
Looking at Splitting and Overlapping - Demo in SAP
05:40 mins
12
How to replenish up to maximum stock levels - Demo in SAP
04:58 mins

13
Period Lot Size Procedures Overview
04:39 mins
14
Looking at the Daily Lot Size - Demo in SAP
02:45 mins
15
Looking at the Weekly Lot Size - Demo in SAP
04:25 mins
16
Looking at a Monthly Lot Size - Demo in SAP
02:50 mins
17
Lot Size According to Planning Calendar - Demo in SAP
05:31 mins

18
Fixed Ranges (Dynamic Safety Stock)
13:35 mins

19
Optimal Lot Size Overview
04:10 mins
20
Understanding Part Period Balancing - Demo in SAP
06:04 mins
21
Understanding Least Unit Cost - Demo in SAP
05:45 mins
22
Understanding a Groff Reorder Procedure - Demo in SAP
06:11 mins
23
Looking at the Dynamic Lot Size - Demo in SAP
04:52 mins

24
Learn how to create Custom Configured Lot Sizes
12:06 mins

25
Summary
02:05 mins
26
Slide Handouts

Instructor

Matt Hunt

4.7 Average Rating

59 Reviews

156 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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Average Rating

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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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