INVENTORY MANAGEMENT ( JUST IN TIME PRODCUTION AND INVENORY MANAGEMENT)
• Managing economies of scale in the supply
chain : Cycle Inventory
-The role of cycle inventory in the supply chain
-Economies of scale to exploit fixed costs
-Economies of scale to exploit quantity discounts
-Short-term Discounting: Trade promotions
-Managing Multi-Echelon cycle inventory
-Estimating cycle inventory related costs in practice
-Summary of learning objectives
• Managing Uncertainty in the Supply Chain : Safety Inventory
-The role of safety inventory in the supply chain
-Determining appropriate level of safety inventory
-Impact of supply uncertainty on safety inventory
-Impact of aggregation on safety inventory
-Impact of replenish policies on safety inventory
-Managing safety inventory in a multi-echelon supply chain
-Estimating and managing safety inventory in practice
-Summary of learning objectives
-The importance of the level of product availability
-Factors affecting optimal level of product availability
-Managerial levers to improve supply chain profitability
-Supply chain contracts and their impact on profitability
-Setting optimal levels of product availability in practice
-Summary of learning objectives
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