Inventory Management and Control
Webinar Details $219
- Webinar Date: August 20, 2024
- Webinar Time: 2:00pm - 3:40pm EDT live
- Webinar Length: 100 Minutes
- Guest Speaker: Michael W. Gozzo
- Topic: Purchasing, Taxation and Accounting
- Credit: CPE 2.0, ISM 1.5, QPANJ 2.0
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Today’s economics in business has brought many companies to address major investment like inventory, with limited results.
To achieve a level of significant reduction (more than 20% improvement, per a research agency) throughout the supply chain, a deeper awareness of what creates inventory needs to be understood. WHY? Certain actions taken will only provide a short-term impact/result. The basic problems haven’t been addressed.
This presentation will provide the basic foundations to the principles driving inventory decisions. It will include interfacing functions that have an influence on investment.
Your Benefits of Attending:
- Determine what the Cost of Carrying Inventory is and its' importance.
- Determine which is the appropriate replenishment technique to deploy.
- Understand the various order quantity approaches and when they should be used.
- Learn about different measurements and what they mean.
- Understand the level of investment required to ensure 99% customer service.
- Gain control of inventory accuracy errors.
