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John Galt Solutions: October 2006
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Webinar Calendar
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IBF Webinar Series, sponsored by John Galt Solutions
Bushnell: Seeing into the future with collaboration
  Date: Thursday, October 19, 2006
Time: 1:00 pm, Eastern Standard Time
Bushnell Outdoor Products has been developing world class optics and sporting accessories for over 50 years. Respected brands such as Bollé, Serengeti, Tasco, Uncle Mike's, Butler Creek, Hoppe's, and Stoney Point have joined the Bushnell family through a series of acquisitions that began in 2000. The company's unyielding commitment to quality, technology, and its strategic vision has spurred continuous growth, making Bushnell one of the most recognized names in the sports optics and accessories industry.
Mark has been instrumental in developing the forecasting methodologies and practices within the company. Throughout his tenure, demand planning has evolved from an internally-focused process to a collaborative consensus that captures input from all corners of the world.
In this webinar, Mark will discuss and share his experiences on the following topics:
- Overview of Bushnell and how they have grown to be a leader in the optics arena.
- Review and understand the growth and evolution of Bushnell's forecasting process and the ERP systems that provide the relevant data.
- Understand the effort required to move from an internally focused process to a full fledged collaborative demand plan.
- Review of key reports and exceptions used to manage and run the collaborative process.
- Discuss how a collaborative process, in concert with an interactive data mart, led to the origin of a monthly S&OP.
- Review the forecasting results and view real life metrics demonstrating the improvements gained by Bushnell. This included a very significant inventory reduction that came in several million below plan.
About Mark Fitzpatrick
Mark has been involved in the forecasting profession in one capacity or another for over 10 years. His background in macroeconomic analysis and process management provided the groundwork for his tenure at Bushnell, where he has been in charge of Demand Management activities for over six years. Mark was promoted to his current role in February 2006 and is part of the team leading the integration activities of Bushnell's most recent acquisition, Michael's of Oregon.
Mark received a BA in Business Administration from Grand View College in Des Moines , IA and earned his MBA from MidAmerica Nazarene University in Kansas City , MO.
 Register today online: Click here to sign up |
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 APICS Vendor Webcast
$afety $tock – A key to Financial Success
Date: Tuesday, October 24, 2006
Time: 2:00 pm, Eastern Standard Time
Panelist(s): Anne Omrod and Kai Trepte, Co-founders of 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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Tradeshows
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ForecastX
Wizard Training Calendar
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John Galt's Xpert Training classes were built around the customers' needs. We are committed to your success and we want to make sure that your
investment yields the maximum value to your business. Our comprehensive Xpert Training provides a combination of technology and proven
methodologies to help make forecasting an integral and strategic part of your organization.
Our upcoming dates for our in-house training classes are:
November 16 & 17, 2006 - Chicago, IL.
February 15 & 16, 2007 - Chicago, IL.
To find more information about our Xpert training or to view our training schedule, click here.
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John Galt Solutions' 2007 User Conference - Call for Speakers
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John Galt Solutions has started organizing its 2007 User Conference.
 We
are looking for speakers who would like to share their experience
and skills with an educated crowd. If you are interested in speaking
at our conference, please click on the link below and someone will
contact you shortly.
» Click here to sign up |
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