
Introduction about the course
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.
Explore the minimum technical batch concept in supply chains and how manufacturing and supply planning use sequential runs and alternative sizes to reduce MOQ.
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.
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.