COVID brought a lot of these uncertainties to the forefront. Now that the pandemic is gone, one would like to see the supply chains go back to normal. But some of the uncertainties have remained in play.
One way to deal with the uncertainty is to create buffers in the supply chain, be it related to capacity, inventory or something else. When it comes to buffers related to the inventory (safety stocks), there are many different approaches available. Variability in demand and supply are the two important things one covers. All approaches have their pros and cons.
In this webinar, we will shed some light on the pros and cons of these methods. Attendees will walk away more informed about how to approach the question of setting safety stock in their business.
*Volatile, Uncertain, Complex and Ambiguous
Date: Wednesday, December 13, 2023
Time: 11 a.m. ET
Presented by: Sujit Singh
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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.