Given
the market dynamics, and the increasingly brutal level of global competition,
gaining even a small edge in inventory management efficiency can pay huge customer
and financial dividends. Inventory has also been at the top of organisational concerns with many facing the brunt of the
current economic downturn. Market demand had decreased considerably resulting
in non-moving inventories and in inaccurate forecasts, thus becoming a top
concern for CEOs and CFOs. And of course, many companies still swing between
“eras” of high inventory, when customer service concerns top the priority list,
and low inventories, when business slows and suddenly someone looks at the cost
of holding that entire inventory. Many companies have tamed these inventory
cycles to an extent, but many have not.
marcusevans‘Demand Planning & Inventory Optimisation’ conference looks at inventory levels
holistically across the entire supply chain, considers the impact inventories
at any given level have on other upstream or downstream levels. This includes
raw materials and component inventories through internal channels and nodes
and, in some cases, all the way down to the retail shelf. Most companies and
traditional software solutions look at this problem more discretely, in effect
“optimising” inventories at each level without well
considering the big picture. It also helps optimise
and continually update safety stock levels across different levels and take
into better account the impact of variability in demand or supply plans in
recommending inventory levels. For full brochure and registration, kindly
contact Ms Catherine at CatherineF@marcusevanskl.com
Why should you
attend?
Minimise operating costs
and lower overheads whilst maintain an optimum level of inventory
Reposition your
cash flows to increase liquidity and improve your cash ratios
Incorporating Lean
into your supply chain to enable smart and cost effective inventory
management
Prioritising your inventory
to effectively manage non-moving inventory
Adding mathematical
rigour to your inventory management to manage it
more efficiently and smartly
Key Topics
Positioning your
inventory in a global supply chain to respond promptly to the current
market climate
Maximising ROI &
Inventory Reduction by capitalising on Consignment
and Vendor Managed Inventory (VMI) – Your instant route to
profitability
Turning
inventory into cash through customer partnerships
Planning &
Replenishing Independent demand & Indirect Inventory to the optimum
level
Managing
dependent demand inventory to gain maximum advantage from your IT system
