Introduction to Plan for Every Part (PFEP) and Inventory Sizing

Course Description

Plan for Every Part (PFEP) is proven to be the most effective way to optimize end to end material flow. Breakthrough results in working capital improvement, inventory right-sizing, on-time-delivery, manufacturing throughput, and cost reduction are achieved through this solution, but how do you do it?

This two part series will work backwards from customer demand to manufacturing conveyance and presentation to supplier replenishment methods and frequencies in order to develop, deploy and sustain end to end lean material flow processes. You will learn the critical components of PFEP that ensure delivery of the right parts, at the right time, in the right place, in the right quantity, with the right quality, at the right cost.

Course 1: Introduction to PFEP and Inventory Sizing

How can my organization use PFEP to optimize material flow? What does an effective PFEP program look like? How should we size inventory and present material to production?

Course ID: LOG 3600P
Course Format: Classroom

Available Classroom Sections

Start Date End Date Registration Deadline Format Location Cost CRN
Section Details May 15, 2018 May 16, 2018 May 15, 2018 Classroom Atlanta, GA $1,450 18170
View previous sections
View Previous Sections
CRN Start date End date Format Location Cost
17485 May 16, 2017 May 17, 2017 Classroom Atlanta, GA $1,450

Who Should Attend

Executive through manager-level leaders responsible for working capital improvement, supply chain, logistics, materials, purchasing, production, warehousing, and transportation.

How You Will Benefit

  • Understand the importance and key benefits of having a PFEP:
    • Improving working capital
    • Maximizing production throughput
    • Increasing quality and safety
    • Increasing speed, visibility, and stability within the overall supply chain
    • Reducing the supply chain's total cost
  • Learn the key components and phases of designing, deploying, and managing a successful PFEP program.
  • Explore strategies for inventory sizing and material presentation.
  • Conduct a current state assessment of your operations to identify opportunities for improvement.

Content

  • PFEP
  • Material Flow
  • Inventory Sizing
  • Material Presentation

For Course-Related Questions

Please contact the course administrator: Tim Brown