Reducing and Mitigating Variability in the Supply Chain Program
Variability is the underlying source of many challenges in supply chain operations.
Variability is the dominate cause of mismatches between supply and demand, from daily inflections in demand to large-scale supply chain disruptions.
In this course, we examine the influence of variability throughout the supply chain, from its impact on simples processes to its effect on complex networks.
We also discuss variability mitigation strategies designed to improve supply chin responsiveness and profitability.
The course material is applicable to a broad audience - executives to tactical-level employees, both manufacturing and service industries, will benefit from the topic coverage.
- Understanding the impact of variability
- Supply chain performance evaluation
- Influence of variability on supply chain performance
- Variability reeducation and mitigation of supply variances
- Variability reduction strategies
- Variability buffering
- Variability pooling
Participants will learn:
- The relationship among the key supply chain performance measures
- The impact of variability on WIP, decreasing flow rate, and decreasing flow time
- Why high utilization intensifies the effects on variability
- Strategies to reduce processing time and input variability
- Tactics to buffer against variability via inventor, capacity, and time
- Why variability pooling can decrease the amount of buffering required to achieve a given level of performance
Courses meet, unless otherwise noted, at the following times and locations:
- Course Times: Breakfast and Registration: 7:30 a.m. | Course 8:00 a.m. - 4:00 p.m.
- Course Location: John and Lucy Cook Hall, Room 230 at 3674 Lindell Blvd. St. Louis, MO 63108
|Course Title||Dates||Where to Register|
|Reducing and Mitigating Variability in the Supply Chain||October 7||Click Here to Register|
* Members of the SLU Center for Supply Chain Management are able to redeem member discounts on program tuition. Please contact the center staff by calling (314) 977-3617 or emailing email@example.com to obtain your discount code.
Please address all questions to the Center for Supply Chain Management:
- Call: (314) 977-3617
- Fax: (314) 977-2068
- Email: firstname.lastname@example.org