Intermittent Demand and Spare Parts: Why Forecasting Doesn’t Work … And what to do about it.16/3/2018
Smart Inventory Planning & Optimization (Smart IP & O) is een geïntegreerde verzameling van webapplicaties voor het voorspellen van de vraag, het optimaliseren van de voorraad en het analyseren van het volledige bevoorradingsproces. Het biedt een unieke en eenvoudig te gebruiken oplossing voor het berekenen en vastleggen van alle belangrijke planningsparameters die nodig zijn voor het voorspellen van de vraag en het beheren van de voorraad. Hieronder volgt een korte samenvatting van de belangrijkste functionaliteiten van de Smart Software oplossing:
Intermittent Demand and Spare Parts: Why Forecasting Doesn't Work ... and What to Do About It4/2/2018
How do you plan the right inventory levels when you have intermittent demand, the seemingly random, highly sporadic usage pattern that is especially prevalent with spare parts? If you are like most spare parts planning organizations, then you typically rely on traditional forecasting approaches, rule of thumb methods, and "planned" maintenance schedules to determine stocking requirements. Our webinar will discuss these approaches, why they often fail, and how new probabilistic forecasting methods can make a big difference to your bottom line. Please join us for a free webinar on Tuesday, Feb. 27, 7:00 - 8:00 PM CET. By attending the webinar you will learn:
Our session will be presented by three industry leaders in spare parts planning and management:
We hope you will be able to join us. Best Regards, Rony Cremmery Managing Director SupplySquare Driftweg 32b 8377 Nieuwmunster Belgium rony.cremmery@supplysquare.com
Greg Hartunian, President of Smart Software, will walk through the end-to-end planning process. Greg will describe how Smart Software's Inventory Planning & Optimization Platform (Smart IP&O) will enable your enterprise to apply Automated Cloud Analytics to optimize your inventory investment. The live technology demonstration will highlight critical functions:
"Don't stock too much and don't run out." This directive is issued by many CEOs - a crisp and clear message that seems impossible to accomplish. How much is enough? What will demand be for each of our thousands of products? How wrong will our forecast be, and how important is it that we don't run out? How do we formulate the plan and make it so? This is largely the point of your Inventory Planning process but how well is it working for you? Probability forecasting and scenario analysis are quickly becoming the approaches of choice for optimizing inventory levels. By leveraging these predictive modeling techniques you can discover and understand trade-offs between service levels and inventory investments. This will help you develop a consensus inventory plan that is continuously updated to reflect real time changes in demand, supply, and business priorities. Greg Hartunian, President of Smart Software, will walk through the end-to-end planning process. Greg will describe how Smart Software's Inventory Planning & Optimization Platform (Smart IP&O) will enable your enterprise to apply Automated Cloud Analytics to optimize your inventory investment. The live technology demonstration will highlight critical functions:
Our webinar is free but you must register. If you cannot attend but are interested, please register anyway - we will be recording our session and will make the replay available to all who sign up. We hope you will be able to join us! Best regards, Rony Cremmery Managing Director SupplySquare bvba rony.cremmery@supplysquare.com
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