Too Much Stock?

This half-day seminar will help your company to:

  • free up working capital
  • improve cashflow
  • reduce stock obsolescence
  • cut inventory carrying costs

Whether you’re a Manufacturer, Wholesaler or Retailer, chances are that a key business issue is maintaining a minimal level of stock, while ensuring that your customers are happy and you’re operationally cost-effective.
Our experience is that most businesses do not need a team of “inventory gurus” on their staff or highly sophisticated software tools in order to reduce their stock to sustainable levels.
By illustrating with real Australian case studies, this seminar will provide attendees with a practical approach to achieving stock reduction goals, using your existing software.
If you are interested in improving stock turns, this seminar will give you the opportunity to learn from our experience.

Programme

To be notified of future seminars or to find out how we can conduct this seminar at your work place, tailored to your needs and at your convenience, click here

 

Agenda

  • Economic outlook
  • What’s your goal?
  • Financial perspective
  • Hidden costs
  • Benchmarking your performance
  • Levels of sophistication
  • Case studies
  • Where to start

Who should attend?

  • CEO’s
  • Inventory Managers
  • Logistics Managers
  • Customer Service Managers/Planners
  • Purchasing Managers
  • Supply Chain Analysts

What will you gain?

  • Insight into key financial measures related to inventory performance
  • Techniques for comparing your own performance to others in your industry / cross-industry
  • Understanding of technology options
  • Practical tips to set targets for inventory reductions

What will you receive?

  • An industry Scorecard Wall Chart (identifying target stock turns ratios for different industry sectors)
  • A post seminar consultation to assess your inventory management process

To register, click here Registration