Determine the role of inventory in a supply chain

Assignment Help Supply Chain Management

Reference no: EM133560267 , Length: 4 pages

Supply Chain Management: Strategy, Planning, and Operation

In this live session, we will determine the role of inventory in a supply chain. We will also evaluate replenishment policies to improve synchronization, reduce cost in a multi-echelon supply chain and increase service levels. Before the live session, please make sure you have read the assigned readings, completed all practice activities, and reviewed the module assessment. Agenda .

Review Chapter 11 . Review Case Study MoonChem. Examine Examples from Chapter 11 . Discuss Course Project Q&A TWO ADDITIONAL EXCELL SHEETS WILL BE SENT AS ADDITIONAL

Learning Objective 1: Describe the role of cycle inventory in a supply chain.
Learning Objective 2 Choose the optimal lot size given fixed ordering costs in a supply chain.
Learning Objective 3 Evaluate how aggregation is best implemented to reduce cycle inventory in a supply chain.
Learning Objective 4 Understand the impact of quantity discounts on lot size and cycle inventory.
Learning Objective 5 Devise appropriate discounting schemes for a supply chain.
Learning Objective 6 Understand the impact of trade promotions on lot size and cycle inventory.
Learning Objective 7 Develop replenishment policies to improve synchronization in multiechelon supply chains.
Learning Objective 8 Identify managerial levers that reduce lot size and cycle inventory in a supply chain without increasing cost.

Reference no: EM133560267

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