Safety Stock Masterclass APAC
(Past) 6th May, 2025
What can you expect?
Why do we need safety stock? What variables determine safety stock? And how do you optimize it?
Determining your safety stock is one of the basic decisions in stock optimisation. Yet, calculating the correct safety stock has a lot of intricacies and is therefore not that easy to calculate and understand. In this masterclass, we will look at how to answer all necessary questions with respect to the safety stock. Join us in an endeavor into one of the most important concepts in inventory optimisation, but also in one the most least understood ones.
**Basic knowledge of statistics is required for this master class.
Course agenda
- Reasoning under uncertainty
- Variables that determine the uncertainty.
- How much uncertainty do you want to cover or in other words: what does your service level need to be?
- Gluing it all together: calculating safety stocks.
Course requirements:
The master class is intended for demand and supply planners, managers in procurement, logistics and supply chain management who are responsible for safety stock calculatuons at a tactical level.
Meet your host
Local Times
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Singapore
11.00 – 15.30 (SGT)
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11.00 – 15.30 (SGT)
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Australia
13.00 – 17.30 (AEST)
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13.00 – 17.30 (AEST)
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Indonesia
10.00 – 14.30 (IND)
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10.00 – 14.30 (IND)
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