PowerChainŽ Fundamentals

Course Title: PowerChainŽ Inventory: Fundamentals Click here to see course curriculum.

Duration: Three days

Cost: $2,400

Led by Optiant's industry-veteran supply chain professionals, this certification course leads off with an introduction to common terminology and core statistical theories, then branches into discussion of functional processes, such as core concepts of inventory optimization and associated financial analyses.

The course objective is for students to develop a series of four supply chain models, each more complex than the last, illustrating:

• Best practices in supply chain design
• Optimal positioning of inventory throughout the supply chain
• Successively greater levels of application functionality

Unlike supply chain management or execution packages that focus on tactical operation, Optiant's PowerChain Inventory enables skilled business leaders to examine their entire enterprise. PowerChain Inventory not only provides a global perspective on opportunities for inventory optimization; it also includes powerful what-if scenario builders to examine:

• Postponement Strategies -- by redesigning supply chains to allow for delayed product differentiation, customers benefit from increase profits through higher service levels, reduced inventory investment, and reduced supply chain costs.
• Direct Ship Strategies -- By better understanding the design of their supply chain, customers can implement direct ship distribution strategies that decrease time-to-market, shorten lead times, and provide higher customer service levels with significantly reduced inventory investments.
• Service Level Optimization -- Customers can align serve levels according to multiple customer classes in order to stay within a certain inventory budget. Higher service levels at key retailers lead to better product placement and in-store promotions.
• Product Portfolio Rationalization -- Whether a result of mergers and acquisitions, or as a function of changing market dynamics, many customers are re-examining their product offerings based on revenue opportunities and available margins with the PowerChain suite.
• Outsourcing Mix -- Understanding which components or sub-assemblies to outsource is a critical piece of business strategy. PowerChain users can examine lead time and cost tradeoffs across multiple product lines and make intelligent choices to speed profitable products to market.
• Network Design Rationalization -- Whether it's penetrating a new market or blending supply chains from mergers and acquisitions, PowerChain identifies the key cost drivers, understanding real-world constraints.

At the conclusion of this course...

You will have learned the fundamental knowledge and insight needed to utilize Optiant's PowerChain Inventory software to design new supply chain strategies for your business and accurately model the financial advantages of these scenarios.

You'll gain invaluable insight into the uncertainties inherent within your demand and supply networks, and the commensurate impact these factors can have on supply chain costs and corporate financials.

Most importantly, you'll learn how to position inventory at strategic points throughout your supply chain to maintain optimal service levels while minimizing the impact of demand and supply uncertainties.

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