Data-Driven Intelligent Business Planning (DDIBP)
Date and time
Location
Online event
Refund policy
Next generation of data-driven intelligent business planning (DDIBP)
About this event
DDIBP hands-on simulation experience and dynamic simulator for resilient supply chain in distribution network
Learning objectives:
- To discover the core problem in traditional supply chain planning
- This workshop with hands-on simulation is intended to prepare a team to understand the essential difference between Re-order Point (ROP), Material Requirements Planning (MRP), Make-To-Availability (MTA) and Demand Driven Material Requirements Planning (DDMRP) as an introduction.
- To experience the difference between forecasting-based and consumption-based planning methods thru an online simulation game
- To understand how the dynamic simulator. excel-based AI forecasting and cloud-based application software for supply chain planning
Workshop outline:
Session 1: (22 Nov., 2022 HKT 1630-1900)
- Online supply chain simulation experience thru forecasting-based method
- To identify undesirable effects
Session 2: (29 Nov., 2022 HKT 1630-1900)
- The history of ROP, MRP, MTA and DDMRP
- The cornerstones of the above inventory policies’ logic
- To identify the core conflict and inter-relationship between different methods
Session 3: (1 Dec., 2022 HKT 1630-1900)
- Online supply chain simulation experience thru consumption-based method
- To identify the desirable effects
Session 4: (6 Dec., 2022 HKT 1630-1900)
Dynamic simulator demo for intelligent supply chain planning to address the following problems:
- Where to locate DCs/Factories?
- Resources Planning & Optimization
- Inventory & Sourcing Policy Planning
Worksheet-based supply chain planning demo for business forecasting
- How to classify forecasts by different categories, inventory sizes, different time horizons
- AI to improve forecast accuracy
Cloud-based software application demo for demand driven operating model by consumption-based method
- Daily replenishment orders generation
- Stock projection analytics
- Stock alerts