Inventory discussions with netstock

How do the various divisions work together to optimize inventory and align with the business objectives?  

We will discuss vital inventory principles to support your business strategy in this webinar. 

From this session, you will learn:

• How to take the guesswork out of ordering by linking inventory objectives to daily transactions.
• The benefits of improving forecast accuracy.
• Using exception-based management for maximum benefit.

Managing exceptions in inventory is an ongoing task. There will always be a financial crisis, environmental catastrophe, or other events such as the current pandemic that will throw your inventory plans awry.

This session will focus on managing these exceptions and the value of using dashboards regularly.

From this session, you will learn:

• The value of applying principles during periods of significant change or disruption.
• How dashboards can provide focus to different team members.

This webinar explored the fundamental principles required to manage your inventory investment to ensure you have the right stock levels to support your business objectives.  

 From this session, you will learn:

• About the complexities of finding and agreeing on an inventory policy.
• About the relationship between inventory investment, availability, and supply chain uncertainties.
• That inventory stakeholders may have conflicting objectives.

An essential step in managing your inventory involves how to balance your investment. This webinar explored how to assess, quantify, and manage inventory risk across your supply chain. The session focused on the perspective of the CFO.

From this session, you will learn:

• Assessing, quantifying, and mitigating inventory risk.
• Inventory KPIs that are of particular interest to the CFO.
• The real cost of inventory.