How to minimize and reduce the MOQ's in supply chain

Name: How to minimize and reduce the MOQ's in supply chain
Rating: 4.3 (119 reviews)

Types and reasons for MOQ's

Created byAhmed Khaled

Last updated 11/2020

English

English [Auto],

What you'll learn

Why supplier force customers to order with MOQ and how could it be minimized
How to reduce MOQ's rather than accepting it.
The effect of MOQ on the income statement
How MOQ could affect the inventory levels

Course content

1 section • 8 lectures • 32m total length

Introduction about MOQ course0:35
Introduction about the course
Why do we care about MOQ3:31
Explore how minimum order quantities shape inventory management by modeling safety stock and cycle stock, and avoid overstock and expired inventory as stock levels and shelf life interact.
First type of MOQ (Minimum Technical batch)5:38
Explore the minimum technical batch concept in supply chains and how manufacturing and supply planning use sequential runs and alternative sizes to reduce MOQ.
Minimum technical batch Part 26:13
Explore evaluating minimum technical batch decisions for Product B, revealing how shelf life, provisions, and potential export stock affect true margins and production choices, including sequential run strategies.
Second type of MOQ (Minimum production run)5:00
Examine the second type of moq (minimum production run) by analyzing product c's two-ton minimum technical batch, line utilization, and smed-driven reduction of changeover time.
Third type of MOQ (Materials MOQ)4:08
Explains the third type of MOQ—materials MOQ—through unique packaging materials, SRM negotiations, and a price–quantity matrix to balance material costs and inventory while reducing supplier run constraints.
Fourth Type of MOQ (Logistics MOQ Part 1)3:47
Explore how moqs affect transportation costs and how consolidating shipments with Milgrom methods and truck-size adjustments can minimize minimum order quantities from supplier to customer.
Fifth type of MOQ (Logistics MOQ part 2)3:09
Explore the fifth type of logistics MOQ by using less-than-container-load shipments to blend pallets and reduce lead times, while addressing customs, clearance, and packing-unit customization.

Requirements

Description

In this course, you will be able to understand the reasons and the types of MOQ's across the supply chain.

And not only that but also, you will figure out some simple techniques that will help you to negotiate and reduce these MOQ's.

There are several types of MOQ's under the Make and logistics departments, we will cover this into details.

Enjoy the course.

You do make a difference.

Who this course is for:

Supply chain managers
Procurement
Buying
Demand planners
Supply planners
Material planners