Learn to optimize inventory levels to increase your company’s bottom line.
Many purchasing managers who are required to manage inventory levels often come across complexities in optimizing inventory to increase the company’s bottom line. In the details of daily tasks, it can be difficult to focus on the overall strategy while products are being delivered, counted, protected, and moved. Additional challenges arise when determining which products should be cleared out, and whether that should happen by accelerating sales or slowing purchases. This video will provide clarity and powerful techniques which span both data-driven thinking and soft-skills prowess. The material also illustrates a successful inventory forecasting method and innovative approach to optimizing the low risk of supplier diversity and the attractive benefits of purchasing power that comes from consolidating suppliers. This information is critical for purchasing managers, procurement managers, small business COOs and CEOs, inventory specialists, and management consultants so they can avoid dusty, expensive relics in the warehouse and increase profits.
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