Gary Gossard is President of IQR International. He has more than 30 years experience as a materials management practitioner, consulting partner in an international CPA firm, and chief operating officer of a high-tech manufacturing company. Gossard is a graduate of the USC School of Engineering and Stanford Executive Management Program. He has presented educational papers on inventory management issues at over a dozen international conferences for APICS, ISM, MESA, and Supply Chain Forum.
Gary Gossard is President of IQR International. He has more than 30 years experience as a materials management practitioner, consulting partner in an international CPA firm, and chief operating officer of a high-tech manufacturing company. Gossard is a graduate of the USC School of Engineering and Stanford Executive Management Program. He has presented educational papers on inventory management issues at over a dozen international conferences for APICS, ISM, MESA, and Supply Chain Forum.
Description
As our economy declines, inventory continues to be key to supply chain success. Planners, buyers, and managers must focus on keeping turns at the highest possible levels. This session presents a simple methodology for achieving this goal and explains how to identify which inventory rules might be out of date in your company. You will discover how to increase inventory turns, reduce obsolescence, and improve working capital.
LEARNER OUTCOMES:
Identify and revise out-of-date order quantities and safety stocks.
Reduce excess inventories and avoid shortages as forecasts and demands change.
Increase inventory turns, reduce obsolescence and improve working capital.