5215: Inventory Optimization Level I
Course Type
- Instructor Led
Duration
- 3 Days
Target Audience
- EndUser
- SuperUser
Course Description
This curriculum (self-paced training materials) will walk you through the key features of the Inventory Optimization solution, how to use the solution to generate inventory plan meeting varied business requirements. The curriculum includes hands-on practice exercises to enable you to practice key concepts taught in the lessons.
Course Notes
- 21 Core Lessons
- 13 Elective Lessons
Lesson Details
Lesson Objectives
- Describe inventory and its elements, the purpose of holding inventory, and the need for managing it
- Recognize the significance of "Response Buffer" in inventory management
- Explain the 10 architecture
- Identify the different components of JDA 10 solution
- Describe the functional capabilities of JDA 10 solution
Lesson Exercises
Not Applicable
25 Minutes ILTLesson Objectives
Not Applicable
Lesson Exercises
Not Applicable
10 Mins ILTLesson Objectives
- Identify the basic navigation features of the JDAWeb User Interface (Ul)
- Demonstrate how to use the JDA Supply Chain Planning and Optimization (SCPO) application
Lesson Exercises
- Creating a New Flexible Editor Page
- Creating a New Search
- Creating a New Compound Workspace Page
- Adding a Page to Favorites
- Creating an Option Set
Lesson Objectives
Identify the basic building blocks of JDA Inventory Optimization (lO) solution and their corresponding tables
Lesson Exercises
Not Applicable
30 Mins ILTLesson Objectives
Identify the end-to-end process workflow for generating an inventory plan using the JDA Inventory Optimization (10) application
Lesson Exercises
Not Applicable
10 Mins ILTLesson Objectives
- Explain the Level SKUs process
- List the input and output tables involved in the process.
- Identify the various fields available in the Level SKUs process pages
- Describe how to use the Network Viewer
Lesson Exercises
- Executing the Level SKUs Process
- Accessing the Network Viewer page
Lesson Objectives
- Explain the Transfer History and Transfer Forecast processes
- List the input and output tables involved in the process
- Describe the various fields available on the Transfer History and Transfer Forecast process pages
Lesson Exercises
Executing the Transfer Forecast Process
20 Mins ILTLesson Objectives
- Explain the Calculate WMAPE process
- Describe the values to calculate WMAPE
- Identify how to execute the Calculate WMAPE process
Lesson Exercises
Executing the WMAPE Process and Computing Errors
40 Mins ILTLesson Objectives
- Explain the Calculate Mean Daily Demand process for each SKU in the network
- List the input and output tables involved in the process
- Describe the various fields available on the Calculate Mean Daily Demand process pages
Lesson Exercises
Executing the Calculate Mean Daily Demand Process
45 Mins ILTLesson Objectives
- Identify the different components of the Segmentation process
- List the input and output tables involved in the process
- Describe the various fields available in the Segmentation Workbench process page
- Demonstrate how to execute the Segmentation process through the Segmentation Workbench
Lesson Exercises
Segmenting the SKUs and Setting Parameters Using the Segmentation Workbench
1 Hour 30 Mins ILTLesson Objectives
- Explain the Analyze Replenishment Policy process
- List the input and output tables involved in the process
- Describe the various fields available in the Analyze Replenishment Policy process page
Lesson Exercises
Executing the Analyze Replenishment Policy Process
30 Mins ILTLesson Objectives
- Describe the usage of the Optimize Inventory process
- Explore the different options available in the Optimize Inventory process
- Describe the usage of the Review Target Pivot and navigate through the Review Target Pivot process page
Lesson Exercises
- Optimizing Inventory and Reviewing the Output
- Adding a Graph to the Review Target Pivot (Output)
Lesson Objectives
- Describe the various fields available in the Publish 10 Plan process page
- List the input and output tables involved in this process
- Execute the Publish 10 Plan process
Lesson Exercises
Executing the Publish 10 Plan Process
30 Mins ILTLesson Objectives
Use Sensitivity Profile and run the Optimize Inventory process
Lesson Exercises
Attaching Sensitivity to a SKU and Exploring the Impact
45 Mins ILTLesson Objectives
- Define the Instance Support feature
- Explore the use of Instance Support feature
Lesson Exercises
Using the Instance Support Feature in Inventory Optimization
40 Mins ILTLesson Objectives
- Explain why the Root Cause Analysis process is important
- Identify the different features of the Root Cause Analysis page
- Demonstrate how to work on the Root Cause Analysis page
Lesson Exercises
Utilizing Root Cause Analysis Workbench to Analyze the Impact of Changes
30 Mins ILTLesson Objectives
Including Cycle Time in Lead Time Parameter
Lesson Exercises
Including Cycle Time in Lead Time Parameter
25 Mins ILTLesson Objectives
Impact of not Storing Inventory at a Location
Lesson Exercises
Impact of not Storing Inventory at a Location
25 Mins ILTLesson Objectives
- Explain the CalcMSE rule options
- Identify how to calculate WMAPE at Intermediate Nodes
Lesson Exercises
Computing WMAPE Values at Intermediate Nodes
45 Mins ILTLesson Objectives
- Explore how to use the WMAPE process with Item/Location/Channel group combinations
- Execute the Calculate WMAPE process with grouping options
Lesson Exercises
Using the WMAPE Grouping Feature in 10
10 Mins ILTLesson Objectives
Decode the business need and model the data for JDA10
Lesson Exercises
Not Applicable
2 Hours 20 Mins ILTLesson Objectives
- Describe the usage of the Generate Order Lead Time Profile process
- Explore the different options available in the Generate Order Lead Time Profile process
- Explain the Inventory Postponement Strategy
Lesson Exercises
Inventory Postponement Strategy (Using OLT Profile) in 10
40 Minutes ILTLesson Objectives
Assigning Service Level at Group Level and Executing the Optimize Inventory Process
Lesson Exercises
Assigning Service Level at Group Level and Executing the Optimize Inventory Process
30 Mins ILTLesson Objectives
Modeling the Budget Constraints and Viewing the Output
Lesson Exercises
Modeling the Budget Constraints and Viewing the Output
30 Mins ILTLesson Objectives
Applying Volume Constraint to Items and Exploring the Impact
Lesson Exercises
Applying Volume Constraint to Items and Exploring the Impact
30 Mins ILTLesson Objectives
Executing the Optimize Inventory Process with ROQ Limits
Lesson Exercises
Executing the Optimize Inventory Process with ROQ Limits
30 Mins ILTLesson Objectives
Enabling a Perishable Switch to an Item and Exploring the Impact
Lesson Exercises
Enabling a Perishable Switch to an Item and Exploring the Impact
30 Mins ILTLesson Objectives
Using the Review Groups Option
Lesson Exercises
Using the Review Groups Option
30 Mins ILTLesson Objectives
- Identify the difference between New Part Introduction (NPI) and End of Life (EOL) items
- Describe how the JDA Inventory Optimization (10) solution manages the life cycle of products, from emerging products to declining products
- Explain how to use the special algorithms to model NPI and EOL
Lesson Exercises
New Part Introduction and Analyzing the Inventory Plan
30 Mins ILTLesson Objectives
Enabling Coverage Based on Mean Daily Demand
Lesson Exercises
Enabling Coverage Based on Mean Daily Demand
30 Mins ILTLesson Objectives
- Describe Markov Decision process and its significance
- Identify the business need of the Markov Decision process
- Explain how various Slow Mover parameters affect the inventory plan
- Execute the Optimize Inventory process for Slow Mover items
Lesson Exercises
- Optimizing Inventory for Slow Movers
- Modifying the What-if-Back Order Penalty Value
- Executing the Markov Decision Process - GROUP ITEMS
Lesson Objectives
Use SRE Batch Utility to execute a batch job and explore the different parameters included in the xml file
Lesson Exercises
Executing the 10 Processes in the Batch Mode
1 Hour ILTLesson Objectives
Describe the concepts of enterprises, roles, filters, resources, partnerships, and reports in the Security Manager page
Lesson Exercises
- Creating New Roles
- Creating New Users
- Creating New Filters
Lesson Objectives
Dynamic Inventory process and how the input from the Luminate Demand Edge (LDE) solution is handled.
Lesson Exercises
NA
20 Mins ILTLesson Objectives
Case Study
Lesson Exercises
Case Study
2 Hours 30 Mins ILT