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John Galt Solutions | What's
News: May 2007
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JOHN GALT SOLUTIONS INSIGHTS
User Conference ‘07
June 6-8, 2007
Union League Club of Chicago, Chicago, IL
INSIGHTS USER CONFERENCE REGISTRATION STILL OPEN
Registration has been brisk for John Galt’s INSIGHTS User Conference,
which is to be held in Chicago, IL from June 6-8. The good turnout
thus far ensures that the INSIGHTS Conference will be a valuable opportunity
for John Galt customers to exchange information and participate in
robust discussion.
The INSIGHTS Conference offers attendees a valuable opportunity to
brush up their forecasting knowledge and provide immediate ROI to
their organizations, while having a fun time in a great environment.
You can learn more about the User Conference by clicking
here Register Now
You can start your registration by replying to this email or emailing
us at sales@johngalt.com
You can also contact us at 312-701-9026
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Webinar Calendar
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APICS
VENDORCAST
Success of the Shelves: Improving Inventory
Planning with Customer-Based Forecasts
Date: May 1, 2007
Time: 1:00 PM, CDT
Presenter: Kai Trepte,
VP of Sales and Services, John Galt Solutions, Inc.
Price: Free
Manage inventory more effectively to ensure higher levels of customer
service. In this free Vendor Web cast on May 1, provided by John Galt
Solutions, Inc., founder Kai Trepte explains how to manage gaps between
what retailers sell and what customers buy to have the right products
in the right place at the right time.
 Register
today online: Click
here to sign up |
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IBF
WEBINAR SERIES
Winning at the Shelf- An Introduction to Consumer Based Forecasting
Date: May 3, 2007
Time: 12:00 PM, CDT
Presenters include:
Rob McKee, Demand Planning Manager, Liberty Hardware
Kai Trepte, VP of Sales and Services, John Galt Solutions, Inc.
One of the worst mistakes that a company can make is to assume that once a product is sold to a retailer or distributor that it will be sold. This line of thinking is flawed because it is based on the assumption that consumers will buy the product. If consumers do not buy the product, the only result will be an increase in channel inventory. Consumer-based forecasting precludes this problem by helping companies avoid inadvertent stocking of their channels and excessive inventories.
Key points to the Webinar include:
- How to make forecasting consumer-based
- How to change organizational behavior around the inventory planning process
- How to use the POS Forecasts to develop more cost-effective forecasts
- How to manage and reconcile two forecasts
- Sample the improvements in forecast accuracy that have been achieved by implementing a consumer-driven demand planning process
- Methods for capturing event and promotional accuracy vs. baseline replenishment demand
About Rob McKee:
Rob McKee has over 25 years experience in supply chain management for consumer goods and manufacturing. For the last 15 years he has focused on the demand planning processes at Liberty Hardware.
Register
today online: Click
here to sign up |
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JOHN
GALT SOLUTIONS WEBINAR
How to Grow a Forecasting Process
Date: MAY 16, 2007
Time: 1:00 PM, CDT
Presenter: Barry Keating
PhD, University of Notre Dame
In the first stages of planning, companies with large amounts of customers, products, and data, typically grapple with getting their hands around the complexity of the project. Far too often, these companies implement planning systems before they have realized a critical piece of information... the results of the forecast.
In this webinar, learn about John Galt's tools for the first stage of managing the forecasting process. Learn what the statistics and accuracy measurements are telling you - and what they aren't. Understand the "forecastability" of your process. Identify who should collaborate in your forecasting process and what type of input you need for effective forecasting.
About Barry Keating
PhD:
Our guest speaker, Professor Barry Keating, is the Jesse H. Jones Professor of Business Economics at the University of Notre Dame.He has done extensive work in the area of business forecasting. He wrote Business Forecasting, now in its fifth edition with McGraw Hill, and is the best-selling forecasting textbook used in colleges and universities.
Professor Keating is a Heritage Foundation Fellow, a Heartland Institute Research Fellow, a former President of the Economic Club of Michiana, former Chair of the Department of Finance at Notre Dame, and serves on the Board of Advisors of the Indiana Policy Review Group.
Professor Keating has published more than 80 articles for professional journals and trade publications.
Register
today online: Click
here to sign up |
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JOHN
GALT SOLUTIONS WEBINAR
$afety $tock - A key to Financial Success
Date: May 22, 2007
Time: 1:00 PM, CDT
Presenter: Kai Trepte,
VP of Sales and Services, John Galt Solutions, Inc.
Safety stock is one of the most significant and controllable costs that a company experiences in its supply chain. The relationship between demand variability and safety stock has been well understood for many years. Many models have been developed to manage and calculate safety stock, but they do not take into account that forecast accuracy varies by the time of year.
This webinar will focus on methodologies and processes for developing safety stock routines that are capable of handling seasonal variability. By utilizing safety stock routines that are tied to seasonal variability it is possible to significantly reduce inventory levels in off season periods without having to manually adjust safety stock levels throughout the year.
While safety stock is a critical element in the supply chain, it can have its greatest effect when it is informed by manufacturing policies and practices. The latter portion of the webinar will provide a vehicle utilizing the safety stock calculation process to more directly align commercial groups and supply chain operations. This is accomplished by driving collaboration and discussion regarding the items in a company's product portfolio. This session will provide concrete steps to more closely align inventory safety stock policy across the entire business to guarantee more efficient use on inventory investment.
Safety Stock - An Overview
- The differences between safety stock and cycle stock
- Explanation of safety stock formula components
Examples of variability
- Non-seasonal variability
- Seasonal variability
- Implications on average inventory
The process of moving to seasonal safety stock
- Methods for deciding to move to seasonal safety stock
- Methods for calculating seasonal safety stock
- Key benefits of using seasonal safety stock
Taking the process to the next level
- Using safety stock to bridge sales and operations
- Aligning commercial requirements and operational efficiencies
- Methods for implementing safety stock programs within your organization
Register
today online: Click
here to sign up |
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Upcoming Events
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April
25-27: IBF Conference, New Orleans, LA
May 1: "Success of the Shelves" Webinar
May 3: "Winning at the Shelf" Webinar
May 16: "How To Grow A Forecasting Process" Webinar
May 22: "$afety $tock - A Key To Financial Success"
Webinar
June 6-8: John Galt Solutions INSIGHTS User Conference
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