ASCM (APICS) is the world's leading association for supply chain management, providing education and certification programs.
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.
Major Topics of the Day:
- 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
Available Courses and Exams
Currently there are no available courses For additional information or requests for Inhouse course, please contact us
Benefits to your company for attending this workshop and understanding how inventory can be reduced:
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Inventory Reduction Tools that work
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Strategies and tactics to move your company in the right direction
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Understanding what can be reduced and what cannot
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Learn the interaction between Time, Demand, and Supply
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Learn the difference between aggregate planning and discrete planning
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You will understand the terminology and use of these tools
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You will be able to make improvements at once
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
Join us for a fun, yet intensely educational workshop!