Pennsylvania State University 2 credits SCM
This course covers the forecasting and inventory management activities involved in the fulfillment of demand for finished goods. This course covers the supply chain activities related to demand planning and inventory management involved in the fulfillment of demand for finished goods. This will include an introduction to the Sales and Operations Planning (S&OP) framework and the role of demand planning in this framework. The students will develop a basic understanding of forecasting and inventory models, including how to evaluate the performance of these models and manage demand and lead time variability. The course will also help students understand the implications of setting service level targets on inventory, as well as manage cost and service tradeoffs in the demand fulfillment process.
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