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Inventory Management

Inventory is often one of the largest investments for distributors. As a result, effective inventory management can be the difference between thriving, surviving and dying. Inventory is necessary for business operations and customer service, but distributors must balance the profitability of customer service against the cost components of inventory in order to optimize their return on inventory investment.

To register, please visit this page.

Fundamental Track:

Duration: 1.5 Days

Cost: $1600 per person.

Who Should Attend: Sales and Branch Managers, Purchasing Personnel, Executives and Strategic Managers, Business Analysts and IT Managers

Agenda:

Day 1

Morning: ODP Framework

Inventory Management Model

Stratification

Afternoon: Demand Classification

Forecasting

Day 2

Morning: Replenishment guidelines

Intensive Track:

Duration: 4 Days

Cost: $2600 per person.

Who Should Attend: Sales and Branch Managers, Purchasing Personnel, Executives and Strategic Managers, Business Analysts and IT Managers

Agenda:

Day 1

Morning: ODP Framework

Afternoon: Inventory Management Model & Hands on exercise

Day 2

Morning: Demand Classification & Hands on exercise

Afternoon: Forecasting game

Day 3

Morning: Forecasting methods & metrics

Afternoon: Item & Demand Strategies

Day 4

Morning: Replenishment policies & guidelines

Afternoon: Group presentations

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