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How to Reduce Inventory Levels to Increase Your Bottom Line

 

Learn how to define, assess, prioritize, and implement inventory targets and policies.

Inventory and supply chain managers are often tasked with reducing inventory levels while maintaining high (or higher) levels of customer service. With these seemingly opposed and competing dynamics, inventory managers struggle to find ways to place the right inventory at the right place, at the right time at the lowest cost, while also balancing their planner's time, effort, and focus. This topic will focus on how to define, assess, prioritize, and implement inventory targets and policies using an inventory segmentation model. It will also discuss how to both track performance to inventory targets and how to identify and implement additional improvements via an Inventory Health metric.

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How to Reduce Inventory Levels to Increase Your Bottom Line

Agenda

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How to Reduce Inventory Levels to Increase Your Bottom Line

Faculty

Daniel Gravelle

Daniel Gravelle

EY Parthenon

  • Senior Director, Working Capital Advisory Services, EY Parthenon
  • B.A. degree, in economics (distinction in economics), management, magna cum laude, St. Olaf College
  • Can be contacted at 507-219 8084 or [email protected]
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How to Reduce Inventory Levels to Increase Your Bottom Line

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