SCM 126 — Demand Planning
Provides an introduction and overview of the demand planning function as part of the broader supply chain. Topics covered include objectives of the function, the benefits of effective demand planning in an organization, the process of forecasting demand, the various types of demand, rules for ordering and optimizing of orders, the concept of economic order quantity and mitigating stock out risks, differences in demand distribution, sales and operations planning (S&OP), MRP and JIT. Prerequisite: SCM 101 , or consent of program coorciantor.
Prerequisites: SCM 101