Kinaxis is an advanced supply chain planning software enabling organizations to automate their processes.
Aggregate Supply Planning
- Apply the aggregate supply planning process
- Analyze supply plan metrics
- Identify and resolve gating components and then Identify and resolve gating constraints
- Identify and resolve excess
- Finalize the supply plan
2. Master Production Scheduling
- Monitor the master production schedule to maintain stability.
- Adjust planning parameters, such as lot size and lead time
- Run a command to firm up planned orders automatically
- Review and adjust inventory targets to align the MPS
- Identify the issues such as causing MPS orders to be late therefore, Determine the best option to resolve MPS issues
- Finalize and publish the MPS to share with others
3. Demand Planning And Statistical Forecasting
- Identify the Rapid Response demand planning components
- Improve the accuracy of historical data by identifying and resolving casuals and outliers.
- Configure forecast items and generate a statistical forecast therefore, Manage product life cycle
- Determine ratios for the forecasts provided by Marketing, Sales, and Finance
- Adjust the weight of the forecast categories to improve the accuracy of the consensus demand plan
- Compare the performance of the different forecasts to align the consensus demand plan with the annual plan targets
4. Inventory Management
- Identify and analyze inventory issues
- Resolve projected late orders by transferring inventory and updating safety stock quantities therefore, it resolve projected stock-outs by updating lead times
- Use the inventory quality ratio (IQR) to review and update IQR targets and transitions
- Update inventory targets, such as periods of supply and lot size, to meet new inventory value targets
5. Inventory Planning And Optimization
- Configure and review the part configuration for inventory planning at a single level moreover Configure and review the part configuration for inventory planning at multiple levels
- Generate and review safety stock recommendations
- Apply safety stock recommendations and then Evaluate the proposed safety stock plan and its impact
Locus Academy has more than a decade experience in delivering the training/staffing on Kinaxis for corporates across the globe. The participants for the training/staffing on Kinaxis are extremely satisfied and are able to implement the learnings in their on going projects.