Supply Chain Management (MGMT 315) Forecasting, Inventory, and Flow Study Guide
Penn State University
Supply Chain Management (MGMT 315) | Study Guide

Overview
A supply chain guide on forecasting, inventory logic, bottlenecks, lead times, service levels, and flow improvement.

Key topics
•forecasting basics
•inventory tradeoffs
•lead time and variability
•process flow bottlenecks

Suggested study tasks
•calculate simple reorder logic
•map one process bottleneck
•explain service level vs stockout risk

Common pitfalls
•optimizing one node while hurting the whole system
•ignoring variability in lead time