This presentation provides attendees with the means to align their purchasing and production plans with market demand. It is based on LEAN concepts that minimize all inventories: raw materials (RM), work-in-process (WIP) and finished goods (FG). The facilitator will engage participants in hands-on examples that demonstrate the calculation of material flow from receiving parts, through sub-assembly, and ultimately end item production. Attendees will learn:

• The concepts behind demand-based manufacturing.
• The requirements needed to execute flow.
• How to calculate flow rates for RM, WIP and FG.
• How to calculate takt time based on market demand
  
  

Note: participants will require pencils and calculators to perform the mathexercises (or be good at math!).