This practice is part of the Inventory Control Course
This is Part 3 Scenario 3
This practice is part of the Inventory Control Course
This is Part 2 Scenario 1
This practice is part of the Inventory Control Course
This is Part 2 Scenario 1
This practice is part of the Inventory Control Course
This is Part 2 Scenario 3
This practice is part of the Inventory Control Course
This is Part 2 Scenario 1
This practice is part of the Inventory Control Course
This is Part 2 Scenario 1
This practice is part of the Inventory Control Course
This is Part 1 Scenario 3
This practice is part of the Inventory Control Course
This is Part 1 Scenario 2
This practice is part of the Inventory Control Course
This is Part 1 Scenario 1.
This practice is based on the Supply Chain Immersive Learning Simulation (SCILS) and the competencies in scope are those mapped on the level 3 competency framework of the Supply Chain Foundation (SCF), aligned with the European Qualification Framework (EQF).
Pillar: Logistics
Competency area : Demand Management
Description: Demand management & forecasting
Learning Objectives: Define optimal planning in view of varying patterns of demand which needs to be forecast & reacted to
Storyline: Sales Director is giving the task to plan to maximise fulfilment rate. The sales team will give sales forecast whenever possible with good accuracy as demand variation patterns are well identified
This practice is based on the Supply Chain Immersive Learning Simulation (SCILS) and the competencies in scope are those mapped on the level 3 competency framework of the Supply Chain Foundation (SCF), aligned with the European Qualification Framework (EQF).
Pillar: Logistics
Competency area : Demand Management
Description: Demand management & forecasting
Learning Objectives: Define optimal planning in view of varying patterns of demand which needs to be forecast & reacted to
Storyline: Sales Director is giving the task to plan to maximise fulfilment rate. The sales team will give sales forecast whenever possible with good accuracy as demand variation patterns are well identified
This practice is based on the Supply Chain Immersive Learning Simulation (SCILS) and the competencies in scope are those mapped on the level 3 competency framework of the Supply Chain Foundation (SCF), aligned with the European Qualification Framework (EQF).
Pillar: Logistics
Competency area : Demand Management
Description: Demand management & forecasting
Learning Objectives: Define optimal planning in view of varying patterns of demand which needs to be forecast & reacted to
Storyline: Sales Director is giving the task to plan to maximise fulfilment rate. The sales team will give sales forecast whenever possible with good accuracy as demand variation patterns are well identified
This practice relates to Level 3 - Inventory management decisions which balance service level against cost, appreciating the reasons for and the physical limitations of holding stock.
The learning objectives of this scenario are to be able to define the Optimal Stock level to account for lead time differences between customer orders and sourcing lead time and to recognise the types of physical limitations presented by warehouses.
Customer order has to be met, taking into account existing stock in various locations and upstream lead times. The stock level is defined by the user, under the constraints of the warehouse configuration.
| Define the Optimal Stock level to account for lead time differences between customer orders and sourcing lead time. Understand the physical limitations of warehouses. |
This practice relates to Level 3 - Inventory management decisions which balance service level against cost, appreciating the reasons for and the physical limitations of holding stock.
The learning objectives of this scenario are to be able to define the Optimal Stock level to account for lead time, to recognise the types of physical limitations presented by warehouses and to also account for risk events.
Customer order has to be met, taking into account existing stock in various locations, lead times and risk factors. The stock level is defined by the user, under the constraints of the warehouse configuration.
This practice relates to Level 3 - Inventory management decisions which balance service level against cost, appreciating the reasons for and the physical limitations of holding stock.
The learning objectives of this scenario are to be able to define the Optimal Stock level to account for lead time, to recognise the types of physical limitations presented by warehouses and to also account for risk events and demand volatility.
Customer order has to be met, taking into account existing stock in various locations, lead times, risk factors and demand volatility. The stock level is defined by the user, under the constraints of the warehouse configuration.