Plan for Every Part (PFEP) and Total Cost Management
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 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 3: PFEP and Total Cost Management
How can my organization optimize inbound logistics to support a PFEP program? How can it source suppliers and optimize material flow? How can our leaders measure and sustain a PFEP program? How do we manage the total cost of our supply chain?
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