How to Save a Million Dollars in Inventory 1 day workshop

This workshop allows students to become better aware of Inventory, Learn 11 techniques and learn how to Calculate inventory turns
About this Event

This workshop allows students to :

•Become better aware of Inventory – the supply chains greatest asset and why successful supply chains maximize the velocity of inventory thru the supply chain to quickly convert it into cash.•Gain recognition of 11 proven different techniques to reduce inventory and greatly accelerate the velocity through the supply chain.•Build credibility in Inventory awareness, management and control from procurement, to storage, to maintaining operational inventory and avoiding excess and set themselves apart from their peers.•Learn how to calculate and accelerate inventory turns and keep them high.•Demonstrate the techniques learned in class with an in- class project including real life company data so that they can go back to work and hit the ground running.•Put countermeasures in place to prevent the buildup of excess inventory levels once gains are realized.