View this on-demand webinar and discover why successful business leaders today need to embrace formal inventory management strategies to improve cash flow, reduce costs, and realize optimal revenue potential.
For manufacturing leaders, inventory management can feel like a risky balancing act. Not having enough of the “right” inventory on hand could spell disaster for meeting customer orders. However, having too much inventory or the “wrong” inventory on hand can also negatively impact your bottom line. Inventory is money that's been invested at a negative rate of interest. It is one of the most significant costs for a manufacturing business, so its optimization needs to be a key corporate objective.
This 45-minute, on-demand webinar, designed specifically for manufacturing leaders, explores key strategies and measurable KPIs for successful inventory management—to reduce costs and recover cash.
In this session, you will discover:
- Common roadblocks or obstacles to successful inventory management
- An overview of popular planning methods, including Reorder Points, Kanban, MRP, and Demand Driven MRP
- Best practices and KPIs that manufacturing leaders should be measuring for success
- How automation and technology, such as ERP, can reduce expensive inventory costs
View this on-demand webinar today!