Demand & Inventory Planning

This program is designed for mid-level and senior managers and is available as part of our Executive Certificate in Management and Leadership.

Program Dates: Future dates to be announced
Delivery: Live Online - 3 sessions
(Participants need to complete all sessions to meet the program requirements). 
Program Cost: $1195 

Private Delivery Available: If you have a group of 15 or more, please contact us at execed@lehigh.edu to arrange for a private offering of this program! This program is available in 2 formats: live online (3 sessions) or in-person (1 day). 

Program Overview

Planning is a critical process in every company. It drives many of the processes that are the foundation of the supply chain. Without effective demand and inventory planning, companies would need to react to constantly changing market trends leading to operational uncertainty, poor customer service, and, ultimately, weakened financial performance. 

This program provides you with the tools and methods you need to define, develop, and manage efficient and effective planning processes that balance demand forecasts with existing supply and inventory, leading to significantly reduced costs. 

Learn more on how you can earn an Executive Certificate in Supply Chain Management from Lehigh University. 

Impact & Benefits

• Link strategic planning goals with competing perspectives from suppliers to final customers
• Manage customer demand relative to capacity, and manage and reduce client order gaming
• Reduce risk associated with inventory shortages and other service-level threats
• Reduce excess inventory to capture costs savings and match required, cost-efficient service goals
• Maximize returns on inventory held and understand costs associated with inventory at various service levels
• Identify alternative service strategies in addition to retaining inventory

Who Should Attend?

Mid-level managers and functional experts with at least 3 to 5 years of experience who are interested in obtaining new knowledge and skills for success in Supply Chain Management and Operations-based positions. 

Faculty

Philip Coles, M.B.A., M.S., Professor of Practice in Management, at Lehigh University. In addition to his formal education, Professor Coles studied lean and continuous improvement at The Kaizen Institute, the Manufacturer’s Resource Center, and the Toyota Supplier Support Center. He has over 30 years of industry experience, including as Vice President of Strategic Management, Project Manager, and Kaizen Facilitator in charge of the continuous improvement program at a multi-million dollar produce company. In this role, he visited world-class manufacturing companies such as Dell and Toyota to learn about their supply chains.