FORECASTING & REPLENISHMENT WITH RETAIL LINK® DATA
Keep your products on the Walmart shelf by improving your ability to forecast accurately and replenish properly. Uncover best practices for forecasting, replenishment, and fulfillment, and learn solutions for supply chain problems.
An intense class packed with practical value and hands-on learning.
Dates & Locations
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You Will Learn
- Introduction to replenishment
- Basic item information
- Why you are out of stock
- What influences product demand
- Challenges of demand forecasting
- Replenishment Pyramid
- Overview
- The process in detail
- When to cleanse history
- How to establish an initial mean
- GRS forecasting
- New item locations
- Promotions
- Collaborating with replenishment managers
- Item 104 Week Sales Report
- Corporate Item Demand Forecast
- Demand Forecast by Store
- Corporate POS Report Query
- Last 13Wk POS Next 13Wk Forecast
- How it works at store level and DC level
- How to provide recommendations
- What comprises it
- How it determines dates on POs
- The significance of TiHi
- Components and goal of EOQ
- How it all fits together
- What constitutes a full truckload
- Benefits of vendor pooling
- What 3PL (3rd Party Consolidation) entails
- Lead Time by Warehouse by PO
- Purchase Order
- Fill Rate & MABD Compliance %
- Supply Plan
- Focus on GRS Forecast
- Best practices for —
- How to create and analyze these reports:
- How demand, calendar allocation, and forecast work together
- How plan analysis works
- Safety stock
- Lead Time
- Best practices for new items and new mods
- Best practices for EOL (end of life)
- How to complete Supplier Closing template
- How to optimize orders
- Truckload optimization
- PO types and procedures
- Best practices for meetings and communication
- How to create and retrieve these valuable reports:
THIS CLASS RUNS FROM 9:00 A.M. TO 4:30 P.M. EASTERN TIME.
IT IS A LIVE ZOOM MEETING WITH A MAXIMUM OF 10 PARTICIPANTS/INSTRUCTOR.
PRICE: $650 USD
SAVE 10% WHEN YOU PURCHASE 3 CLASSES AT ONE TIME.
Registration closes at 3 P.M. Eastern Time on the last business day prior to the class.
Requirements
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$650 USD