Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

supply chain management- forecasting techniques by ABBOTT

922 views

Published on

supply chain management- forecasting techniques by ABBOTT- PLANNING

Published in: Business, Technology
  • Be the first to comment

  • Be the first to like this

supply chain management- forecasting techniques by ABBOTT

  1. 1. Forecasting Technique • Quantitative- numerical facts • Time series- past trends • Historical patterns of demand
  2. 2. Planning • Long term strategic planning- management • Sales and operations meeting • Gaps in performance • Aggregate planning- capacity, inventory, stock outs, inventory • Master production schedule (MPS)- individual commodities • Linked to the manufacturing- when product will be demanded
  3. 3. Planning • Production- master production schedule • Date of batches • Synchronized operations- efficient • Master production scheduler- arrangement • Manufacturing resource planning- effective planning of all resources • Business Process control system- transactions
  4. 4. Drivers of Supply Chain • Facilities • Inventory • Information • Transportation
  5. 5. Facilities • Locations- stored, assembled or fabricated • Production, storage- Kot Lakhpat, Lahore
  6. 6. Inventories • Raw materials, work-in-process, finished goods • Forecasted demand • Demand Uncertainty- six weeks safety inventory • Minimization of risk • Lead time: – 60 to75 (imported) – 10 to 30 (local) • Make or Buy decision- quality, expensive
  7. 7. Information • Role of technological advances • Oracle

×