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.
When: August 7, 2018
Start: 9:00 – 11:00 am
Duration: 2 hours
Location: NJMEP Training Center, 2 Ridgedale Ave #305, Cedar Knolls, NJ 07927
Parking: Free, in front of the building
Price: Workshops are complimentary for manufacturers or NJMEP affiliate members
($25 fee for all others). A $25.00 refundable fee will be charged for all our complimentary workshops to secure our presenters and reduce the number of “no-shows.”
Class size is limited to 20 participants only!
- 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
Rob Stramara at RStramara@njmep.org