Logility Inventory Optimization™ – Underlying Inventory Concepts

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Description:
This course explains the theoretical concepts behind multi-echelon inventory optimization (MEIO) in Logility IO.

Course Objective:
Upon completion of this course, the participant should have a general understanding of the main factors that drive the Logility optimization model such as service levels, lead times and demand variability. Student Profile: This course is intended for Supply Chain Planners, Analysts, and Managers who work with or are immediately affected by Logility Inventory Optimization.

Topics:

• Planning horizons
• Types of inventory
• Customer service
• Exposure period and uncertainty
• Relevant statistical distributions

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