Setting the Right Inventory Level

Workshop Date: April 23, 2020

Five years ago, a big multinational firm embarked on an Inventory Reduction initiative to reduce working capital and fund their acquisitions. At year-end, inventory targets were achieved. However, sales were severely lower versus goals due to product stock-outs — profits were modest, and it forced the company not to declare dividends. The next question, then, at the start of the year is: what is the right inventory level to support sales while meeting working capital targets?

Workshop Objectives

By the end of the workshop, participants will be able to:

  • Understand how to set inventory levels
  • Understand factors in setting inventory levels
  • Describe the different approaches in setting inventory policy
  • Learn the different inventory policies to meet customers' service levels

Who should attend?

Supply Chain Directors, Purchasing Heads, Materials Managers, Supply Chain Managers, Purchasing Managers, Finance Managers, Inventory Control Managers, Production Planning Managers, Materials Planning Managers

Your Speaker/Workshop Facilitator

Mr. Jovy Jader is presently a Partner of Prosults Consulting LLP. Prosults Consulting LLP is a management consulting firm helping companies design and implement business improvement projects, and has helped client companies improve cost, reduce working capital/inventory, increase revenues, and improve delivery performance. Prosults' clients include multinational companies in the food, pharmaceutical, consumer goods, energy, and export industries. Other clients include domestic enterprises which are leaders in their respective industries.

He is the author of Speed Kills...Your Competition "Driving Growth Through Supply Chain Excellence", and has been a regular contributor to BusinessWorld with his monthly column, Eliminate, Simplify, Integrate, sharing his insights and experience in various supply chain management and business improvement topics.

Mr. Jader was previously connected with Procter & Gamble Philippines and PriceWaterhouseCoopers Consulting (formerly Coopers & Lybrand), assisting companies across Asia in Supply Chain Management improvement projects.

Workshop Details

Location: Discovery Suites, 25 ADB Avenue, Ortigas Center, Pasig City, Philippines
Date and Time: April 23, 2020 (Thursday), 8:00 AM - 5:00 PM

Workshop Fee:
Early bird rate ― US $ 350.00 net of taxes per participant, for payment received on or before April 6, 2020
Regular rate ― US $ 450.00 net of taxes per participant

Fee covers full course materials, refreshments and lunch.

Payable to: Prosults Consulting LLP

Account name: PROSULTS CONSULTING LLP
Account number: 019-903996-4
Development Bank Of Singapore (DBS)
Bank code: 7171
Swift code: DBSSSGSG

Register now to reserve your slot!

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