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Advanced Forecasting Techniques

by Golden Masters for Training & Consultancy

At the end of the course participants will be familiar with techniques by which materials and components can be moved through the manufacturing process at high velocity without compromising service, quality of financial objectives covering.

AED 17000

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img Duration

5 days

Course Details

Course Description 

This course is designed for personal working in, alongside, or offering non-logistics support to materials management

Course Objective:

 At the end of the course participants will be familiar with techniques by which materials and components can be moved through the manufacturing process at high velocity without compromising service, quality of financial objectives covering:

 ·          The essentials of material management

·          The relationships between materials management and corporate strategy

·          The key techniques supporting materials management

·          Best practice in materials management

·          Concepts or MRP, JIT and zero inventory

·          Developing partnerships

Course Certificate:

MASTERS certificate will be issued to all attendees completing minimum of   75% of the total tuition hours of the course.

Course Outline:

Session 1: Materials Management as Part of Business Strategy

·         Overview of business planning process

·         Business forecasting

·         Sales and operations planning

·         Demand management

·         Overview of demand forecasting

Session 2: Supplier Management

·         Benefits of partnerships

·         Limitations to supplier development

·         Purchasing in a JIT environment

Session 3: Materials Planning System

·         Master production scheduling

·         Bill of materials

·         Lead times

·         Rough cut capacity planning

·         Materials requirements planning

·         Capacity requirements planning

Session 4: Improving Supply Chain Flows

·         Visibility in the supply chain

·         Reducing manufacturing inventories

·          “Lean” manufacturing systems

·         Financial systems to support “lean” manufacturing

·         JIT

Session 5: Costumer Linking

·         Visibility of costumer data

·         Vendor managed replenishment

·         Costumer managed replenishment

Session 6: Improving Competitiveness

·         Time compression

·         Mass customization

·         Organizational requirements for improving materials

·         Management Performance

Masters Training Company was established in response to the growing need for quality training to support the business community within your Company, Department or Organization by providing a high standard of Training Programs, Courses, Seminars, Workshops and Consultancy Services to employees in a very competitive business environment. 

 
Following the latest trends and ideas in Technology and Management techniques, and with its in-depth knowledge of the business environment, Masters Training Company is able to meet the special requirements of both local and international business throughout the Middle East. Masters Training & Consulting is an independent multinational firm with more than 25 years of experience in helping regional organizations develop their human capital in all fields of management. 
 
Since 1990, we have been entrusted by our clients to provide the most reliable training and consulting products and services in the region. Our innovative and diversified range of training programs and consulting services are designed and delivered by an ever-growing team of full time multilingual consultants experienced in providing solutions relevant to this part of the world and applicable to today’s business challenges.
 
We pride ourselves on our track record in this regard and on our long-standing relationships with our clients, many of whom have been with us since we started business. 
 
 
Our public training programs have attracted more than 300,000 participants from almost 3,000 organizations many of whom also entrust us with their needs for bespoke in-company programs. Our client base is steadily growing and so is our commitment to remain the regional leaders in the fields of training and consulting.

Masters is also an approved vendor from KHDA & ILM

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  • Sheikh Zayed Road Branch

    Kherbash Tower, Office # 1803 & 1804, Sheikh Zayed Road, Dubai

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