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.
- 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