Click here to go to the previous page
Dynamic ABC Classes Reduce Excess Inventories
Program Code:
I-2
Date:
Sunday, September 14, 2008
Time:
12:45 PM to 2:00 PM
EST
SPEAKER
:
Gary Gossard has over 30 years experience as a materials management practitioner and consultant, the last 14 years as President of IQR International. He was previously the COO of a high-tech manufacturing company and a Partner in an international CPA firm. He is a graduate of the USC School of Engineering, the Stanford Executive Management Program and is a frequent speaker at APICS and ISM.
|
SUBMITTER
:
Gary Gossard has over 30 years experience as a materials management practitioner and consultant, the last 14 years as President of IQR International. He was previously the COO of a high-tech manufacturing company and a Partner in an international CPA firm. He is a graduate of the USC School of Engineering, the Stanford Executive Management Program and is a frequent speaker at APICS and ISM.
|
Description
This session explains and demonstrates how dynamic, demand-driven ABC classifications and simple dollar-focused logic can dramatically reduce excess inventories. Participants will discover how to identify inventory reduction potential by part number, supplier, product line, location, and stock type. ABC classifications are not just for cycle counting any more. Case studies will illustrate how to use data in current systems to increase inventory turns, improve cash flow, and avoid obsolescence.
LEARNER OUTCOMES:
-
- Create and use dynamic, forward looking ABC classes.
- Rebalance inventories as forecasts and demands change.
- Improve supply chain performance and increase inventory turns.