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Discovering SAP IBP for Inventory Planning and Optimization
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Comprehending Inventory Planning and Optimization
Comprehending Inventory Planning and Optimization
Defining Inventory Planning and Optimization
10 min
Understanding Inventory Planning
40 min
Understanding Inventory Optimization
45 min
Discovering Added value to your Integrated Business Planning through Inventory Optimization
40 min
Understanding Key Differentiators of SAP IBP for inventory
1 hr 10 min
Quiz
Leveraging Inventory Planning and Optimization within SAP Integrated Business Planning
Implementing SAP IBP for inventory within SAP IBP
1 hr
Utilizing Inventory Planning and Optimization
30 min
Quiz
Comprehending Inventory Planning and Optimization
Defining Inventory Planning and Optimization
10 min
Understanding Inventory Planning
40 min
Understanding Inventory Optimization
45 min
Discovering Added value to your Integrated Business Planning through Inventory Optimization
40 min
Understanding Key Differentiators of SAP IBP for inventory
1 hr 10 min
Quiz
Leveraging Inventory Planning and Optimization within SAP Integrated Business Planning
Implementing SAP IBP for inventory within SAP IBP
1 hr
Utilizing Inventory Planning and Optimization
30 min
Quiz
Knowledge quiz
It's time to put what you've learned to the test, get 8 right to pass this unit.
1.
Which one of the following SAP IBP components is used for allocations planning and order rescheduling?
Choose the correct answer.
SAP Integrated Business Planning for demand
SAP Integrated Business Planning for inventory
SAP Supply Chain Control Tower
SAP Integrated Business Planning for response and supply
2.
What is the third key enabler of SAP IBP for Inventory from previous lessons?
Choose the correct answer.
Key enabler # 3: Comprehensive insights into different types of stock and their drivers.
This third key enabler is not necessary because it is adding additional steps to the inventory planning
Drivers with non-comprehensive insights
3.
What decisions are we making in inventory planning and optimization?
Choose the correct answer.
How much inventory (where and from which materials/products?) do I need to minimize cost and maximize end-customer inventory availability (service level)?
How many tiers do we need to optimize the supply chain?
How many machines do we need to shift unnecessary products from one location to other one?
4.
What does SAP IBP for inventory achieve?
Choose the correct answer.
A powerful module that we can deploy, isolated or in combination with other modules
SAP IBP for inventory achieves the right balance between service levels and inventory investment. Through the execution of optimization algorithms encapsulated within the inventory planning process in SAP IBP for inventory, companies can estimate the investment per customer service level, finding the optimal level for the enterprise and customers. Investments should be adjusted accordingly.
Only numbers which are hard to interpret
5.
What is the first key enabler within SAP IBP for Inventory according to the studied lesson?
Choose the correct answer.
Key enabler #1, End to end Supply Chain Planning in one tool: Validate data inputs; run and review an inventory plan; run a what-if scenario analysis; and, finalize the inventory plan
Key enabler #1, The first key enabler is a tool to transform inventory signals in sold products
6.
What is inventory according to the studied lesson?
Choose the correct answer.
A headache in the supply chain.
A signal to balance demand and supply without considering fluctuations.
Inventory can be understood as all materials held for use in the future, either for sales or in the production process.
7.
Which of the following option strikes a balance between the service levels an organization provides its customers, inventory levels, inventory holding costs?
Choose the correct answer.
Inventory Optimization
Demand Sensing
Inventory Management
Delivery performance
8.
Which is the second key enabler within SAP IBP for inventory according to the last lesson?
Choose the correct answer.
Key enabler # 2: Single stage inventory planning
Key enabler # 2: Multistage Inventory Optimization
Inventory Target decomposition
9.
If we compare the real world to the traditional approach for inventory planning and optimization, what describes the real world?
Choose the correct answer.
it is deterministic, isolated single stage and stationary.
The real world is stochastic, multistage, time varying. The real world implies a comprehensive data model, an enterprise scale and a dynamic and integrated (online) analysis.
10.
Which definition describes the fourth key enabler of SAP IBP for Inventory?
Choose the correct answer.
Real-Time What-if simulation and comparison.
Key enabler #4: Only one function to simulate without versions and scenarios comparison.