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27 - 31 March 2023

Online, Online

Reducing Your Inventory Investment, ONLINE TRAINING (27- 31 March 2023)

Reducing Your Inventory Investment, ONLINE TRAINING (27- 31 March 2023)

Most companies are very interested in Inventory Reduction because they want to reduce their assets frozen in inventory and use that money to invest in other areas like new technologies, improved manufacturing processes, or new facilities. When they can convert the inventory investment into other investments or profit, they improve their attractiveness to customers by providing other services or products with high levels of on time delivery.


In this One-day seminar we will study how Lean techniques, better planning, changes in purchasing strategies, and other strategies and tactics that will help reduce your company’s inventory in the short term, intermediate term, and long term. 


Dates, format and schedule:

Four (4) sessions 8 hours:

On 27, 29, 31 of March 2023 – 3-hour sessions from 17:00-20:00 EET

Method of Delivery: Virtual Classroom. During the sessions, you will see the instructor share his screen and show the course presentation while he talks. You will be able to ask questions, solve cases, and interact with the other people. You need to have a good Internet connection and a microphone.

Certificate: Symix APICS Premier Channel Partner issues a certificate for successful completion on the training

Type of training: Non-certification: attendees to not take an exam to become APICS-certified

Instructor: Chester Frame


Main topics

  • How much inventory do you need
  • The Impact of Lean Concepts on Inventory
  • Safety Stock
  • Negotiating for lower inventories and faster replenishment cycles
  • Using Inventory Quality Ratio to reduce your excess


Who should attend:

  • Materials Managers who want to have less inventory
  • Planners, Buyers, and Purchasing Managers who are responsible for Inventory levels
  • Lean Team members who want to know more about inventory reduction techniques to improve the results of their work


Benefits from attending this course:

  • Inventory Reduction Tools that work
  • Strategies and tactics to move your company in the right direction
  • Understanding what can be reduced and what cannot
  • Learn the interaction between Time, Demand, and Supply
  • Learn the difference between aggregate planning and discrete planning
  • You will understand the terminology and use of these tools
  • You will be able to make improvements at once


Course price:      

  • Save 20 Euro with Early bird registration, paid until 6th of March, 2023 - 220 Euro +VAT
  • Regular registration – 240 Euro +VAT after March 6th, 2023.
  • Registration and payment deadline – March 23rd, 2023
  • Register 4 participants from one organization and pay for 3!

Working Language


Working Language


27 - 31 March 2023

Online, Online

Instructor Profile

Chester H. Frame

Chester H. Frame, CPIM, CIRM, CSCP, CLTD, CPSM is an educator, trainer, seminar instructor and management consultant with experience in implementations and customer support for customers around the world. Chet is the founder and head of Border Business Consultants, a bilingual, international consulting and training firm focused on improving efficiency in materials, production management and processes through Lean, Six Sigma, and Kaizen.


ASCM (APICS) is the world's leading association for supply chain management, providing education and certification programs.

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Symix ASCM Premier Channel Partner