Module 6.1: Inventory Optimization
- ABC/XYZ inventory classification
- Economic Order Quantity (EOQ) analysis
- Safety stock calculations
- Reorder point optimization
- Inventory simulation modeling
Module 6.2: Warehouse Analytics
- Slotting optimization analysis
- Pick path analysis
- Labor productivity metrics
- Warehouse capacity utilization
- Analyzing warehouse KPIs
Module 6.3: Network Optimization
- Distribution center location analysis
- Transportation route optimization
- Network modeling techniques
- Cost-to-serve analysis by customer/product
- Make vs. buy analysis
Hands-On Exercise:
- Perform ABC analysis on 1000 SKUs
- Calculate optimal safety stock levels
- Analyze warehouse picking efficiency
- Create a cost-to-serve model by customer segment
Tools Covered: Excel Solver, optimization software introduction