Optimize Inventory Management

As demand shifts in a constantly changing economy, it’s important to effectively manage one of the highest asset values on your books – inventory. In this workshop, we’ll discuss basic concepts of inventory. Join us for an introductory 1.5 hour workshop and learn how other companies improved in just a few steps.   Workshop Objectives

• Determine how often you should issue replenishment orders for each source of supply
• Identify the best replenishment parameters and reorder quantity for each stocked item
• Determine the optimal inventory for each product compared to your current inventory.
• Implement the best “total performance” measurements for your investment in inventory