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

Event Details
Contact

EMAIL: info@scl.gatech.edu or CALL: (404) 385-3501 between 9:00a.m. and 4:00p.m., Eastern time.

Summaries

Summary Sentence: 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.

Full Summary: 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 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 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?

Special Note

Course 2: Plan for Every Part (PFEP) and Inventory Layout is May 18-19, 2017 (you may want to stay two additional days and register for that course to complete both in one week)

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.
  • 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.

What Is Covered

The course will cover the below content:

  • PFEP
  • Material Flow
  • Inventory Sizing
  • Material Presentation

Course Materials

Participants receive a course notebook and hand-out materials.

Course Prerequisite and Related Certificate Information

None. This course is the first of the three-course Plan for Every Part (PFEP) series.

  1. Introduction to Plan for Every Part (PFEP) and Inventory Sizing
  2. Plan for Every Part (PFEP) and Inventory Layout
  3. Plan for Every Part (PFEP) and Total Cost Management

This series works 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 Instructors

Course Fees

Standard: $1,450.00, Alumni/Org Discount: $1,305.00, Certificate: $1,203.50 (cost of each course when signing up for and paying for a multi-course certificate program).

First time attendees pay the listed course fee. If you are a returning student of the Supply Chain & Logistics Institute (SCL) courses, you will receive a 10% discount which you will enter at the "Check Out" page. Use Coupon Code SCL-Alum.

There are also discounts available for multiple-team member registrations, to those who prepay for all the courses in a specific certificate, to active/retired military, or to members of certain organizations (click this link for a listing).

Discounts cannot be combined. To receive the coupon code for these discounts, call 404-385-8663 or send us an email prior to registration

The program fee for LIVE courses (non-online) includes continental breakfasts, lunches, breaks, parking, internet access, and all classroom materials.

If the Supply Chain & Logistics Institute must cancel a program, registrants will receive a full refund. Georgia Tech, however, cannot assume the responsibility for other costs incurred. Due to program enrollment limits, early registration is encouraged. Registrations will be acknowledged by a letter of confirmation from Professional Education.

Course Times

On the first day, please check in at least 30 minutes before the class start time.

  • First Day - 8:00am to 5:00pm
  • ​Second Day - 8:00am to 5:00pm

Every effort is made to present the course as advertised herein; however, circumstances may make it necessary to alter the schedule and/or presenters.

Related Links

Additional Information

In Campus Calendar
Yes
Groups

H. Milton Stewart School of Industrial and Systems Engineering (ISYE), The Supply Chain and Logistics Institute (SCL)

Invited Audience
Faculty/Staff, Public, Graduate students, Undergraduate students
Categories
Career/Professional development
Keywords
Supply Chain, Logistics, PFEP
Status
  • Created By: Andy Haleblian
  • Workflow Status: Published
  • Created On: Dec 6, 2017 - 9:23am
  • Last Updated: Dec 6, 2017 - 9:23am