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March 11, 2020 Professional Development Meeting

March 11, 2020
5:30 PM - 7:30 PM

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The Pinnacle Center
3330 Highland Dr.
Hudsonville, MI 49426
Venue Website

5:30 PM Registration/Networking
6:00 PM Hors doeuvres
6:30 PM Presentation

The Pinnacle Center
3330 Highland Dr.
Hudsonville, MI 49426

"The Shadowy World of Forecasting"
The sales forecast is the keystone of a manufacturing company. This estimate of future demand provides data for every area of the company. Finance uses it to secure bank loans and project future income. Human resources uses it to plan manpower. Sales uses it to develop promotions and as the basis for bonuses. But Supply chain is the biggest user. We use the sales forecast to develop a production plan which cascades thru MRP to create delivery schedules for components. MRP’s capacity analysis may even result in big money spent on additional production machinery. With so much financially intense activity based on sales forecasts, why do so many companies play fast and loose with them. Some companies use the sales forecast for everything except managing production. Some companies deliberately schedule too little while others deliberately schedule too many. Learn the shadowy motives behind all three.   

Randall Schaefer, CPIM, editor of the popular “Lessons Learned” feature in APICS magazine, is a veteran speaker to APICS and other manufacturing-based groups.  Randall is an Industrial Philosopher with 49 years of manufacturing management experience in such diverse industries as automotive, capital equipment, farm machinery, and appliances. He has a degree in philosophy from Wisconsin State University- Stevens Point, has been APICS certified for over 30 years and has done a tour of duty on APICS’ CIRM test writing committee. Randall is a veteran APICS instructor who taught APICS CPIM review classes as well as his own seminars on inventory management and cycle counting. He is a veteran speaker at APICS international conferences as well as chapter meetings of APICS and other manufacturing based professional organizations. Randall is a regular contributor of feature articles to APICS magazine and edited the popular “Lessons Learned” feature for twenty years. He is co-author of the Society of Manufacturing Engineer’s handbook, Material and Parts Handling in Manufacturing.

For questions or assistance with registration, please contact Kathy, Chapter  Admin:   [email protected] or (616) 490-8608.
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$15.00 Member Registration

$20.00 Non-Member Registration

$10.00 Student Registration

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