In our last webinar, Sujit Singh covered the topic of safety stock from a traditional angle: how a typical home-grown spreadsheet calculates the safety stock. It elaborated on the key concepts of lead time, variability, and the types of service levels and then provided some details on the cycle service level.
In part 2, he will cover a different kind of service level, discuss how to avoid the assumption of a normal distribution and round things out with a short discussion on multi-echelon inventory optimization.
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About the presenter: Sujit Singh
As COO of Arkieva, Sujit manages the day-to-day operations at Arkieva such as software implementations and customer relationships. He is a recognized subject matter expert in forecasting, S&OP, and inventory optimization. Sujit received a Bachelor of Technology degree in Civil Engineering from the Indian Institute of Technology, Kanpur, and an M.S. in Transportation Engineering from the University of Massachusetts. Throughout the day don’t be surprised if you find him practicing his cricket technique before a meeting.