Understanding Inventory Management - Forecasting Customer Demand and Vendor Lead Times

Wednesday, February 15th  1:30 - 2:30 PM

As a follow-up to Understanding Inventory Management - Setup and Maintenance, this class will focus on analyzing and auditing Forecasted Monthly Demand (FMD) and Forecasted Lead Time (FLT). FMD and FLT directly affect when you buy and how much you buy, and enables you to better take advantage of supplier discounts.

Prerequisite:

• Understanding Inventory Management - Setup and Maintenance