Supply chain analytics using “inventorize”Harness the power of supply chain data science

We are glad to invite you to the one of a kind Masterclass which is targeted to supply chainers who has a nag for data. The workshop is developed by rescale analytics and organized by edusphere.

The workshop is run by the developer of the “inventorize” package in R. this package is used to optimize and analyze inventory, optimize pricing and categorize supply chain products.

We highly invite you to attend this workshop if your daily activities include tackling these questions :

  • How can I use R in my day to day activities?
  • How much safety stock should I have for my products?
  • Which products should I focus on?
  • How to take lead time into account?
  • How do I tackle uncertainty in my supply chain?
  •  How much quantity should I get from my suppliers?
  • What should be the minimum level of each SKU in the warehouse?
  • What price should I set for my SKU to increase revenue?
  • What price should I set for my SKU to maximize profit?
  • Is there a faster way to analyze my data and get results?
  • How can I further use “inventorize” ?

The Workshop will be highly interactive as we will answer every question with practice, real life examples and explanations. We will use combination of excel and R to work on our case studies.

How can I use R in my day to day activities?

R is a strong data science coding language and platform, while R requires prior knowledge to coding. This Workshop requires no prior knowledge to R, only the readiness to experience the magic of R and use it afterwards in your daily supply chain activities.

How much safety stock should I have for my products?

We will go step by step on defining what are the recommended stock levels for SKUs using both excel and “inventorize”.

Which products should I focus on?

“inventorize” package has featured segmentation tools for supply chain that will categorize products for us , based on revenue , location and demand as well.

How to take lead time into account?

“inventorize” package has functions to calculate the necessary quantity to be serving as a cover for the order to delivery period.

How do I tackle uncertainty in my supply chain?

We will tackle the idea of managing uncertainty in supply chain by using excel and “inventorize” together .

What price should I set for my SKU to maximize profit?

“inventorize” package has functions to derive pricing optimization for promotional seasons and revenue maximizations for hitting sales targets. In the workshop we will tackle these concepts on work on real life examples.

What price should I set for my SKU to maximize profit?

“inventorize” package has functions to derive pricing optimization for promotional seasons and revenue maximizations for hitting sales targets. In the workshop we will tackle these concepts on work on real life examples.

The workshop will be very dynamic, going back an forth between excel and R . this will allow participants to relate the great power of R to excel as well as exploring the cool analytics features in both R and excel.

About the trainer and the writer of “inventorize” package :

Haytham omar is a supply chain and data science consultant, he is also the founder of rescale analytics , a supply chain data science start up in Dubai.

His experience is a mix between academia, procurement and data science.

He is currently involved in consultancy projects for multi-national retailers as well as pursing his phD in supply chain data science from the university of Bordeaux.

Requirements

  • R  https://cran.r-project.org/bin/windows/base/
  • R studio  free version
  • Microsoft Excel
  • Laptop
  • A Mouse for the laptop
  • Basic knowledge of Excel.

Who Should Attend

  • Supply chain managers
  • Order Managers
  • Inventory controllers
  • Warehouse officers
  • Logistics officer
  • Procurement Managers