PowerChainŽ AdvancedImage

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

Duration: Five days

Cost: $4,500

Prerequisites:
PowerChainŽ Inventory: Fundamentals Training

Description:
This course is designed for expert users and planning teams with hands-on familiarity with PowerChain Inventory and a solid understanding of supply chain theory and math. This is a rigorous five-day course, combining case methodology, full-on modeling, and best supply chain practices.

Led by Optiant's industry-veteran supply chain professionals, this advanced course leads off with a review of advanced modeling features and quickly jumps ino real-world case studies.

Participants will worth through business cases, optimizing inventories for the existing supply chain and evaluating strategic supply chain design alternatives. Each day will being with new information that adds complexity to the supply chain and end with collaborative discussions around the advantages and disadvantages of each modeling approach.

  • Mapping the supply chain
  • Data collection, caulculation, and validation
  • Modeling real-world constraints
  • Strategic scenario analysis

To complete the course, participants present their unique modeling approaches, analysis, and recommendations. While there are many possible solutions available to the case, the course will focus on the application of PowerChain software to understand the impact of alternative supply chain strategies. The result is a powerful lesson demonstrating the software's computational power to solve real-world supply chain problems.

  • Outsourcing Options -- significant cost savings can be had by moving production overseas. Longer lead-times, however, result in increased inventories. Using the software, students determine the break-even between cost-of-goods and cost-of-inventory to understand when to outsource and when to manufacture.
  • Postponement Options -- By customizing the product closer to retailers, one would expect to realize some reduction in inventory. However, implementing a postponement strategy requires some outlay of capital. The software provides a detailed analysis of the inventory benefit, allowing for better decision making with accurate ROI calculations.
  • Service Level Options -- Many customers encounter service level contracts with retail channel masters. Using the software, participants 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.

At the conclusion of this course...

You will have learned the advanced knowledge and insight needed to more fully 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 industry best practices in supply chain competitiveness.

For more information on Optiant's full range of Professional Services offerings, contact us at This email address is being protected from spam bots, you need Javascript enabled to view it .