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Optimize Your Finished Goods Inventory With 'Lean Initiatives' (TNS488U)

Presented by: Dave Malenfant
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Pre Recorded Webinar
60 minutes
  •  Wed, April 11, 2018
Event Description

Take a Supply-Chain View of Inventory Management

Very often, supply chain professionals are asked to “reduce” inventory based on working capital goals and financial objectives. Balancing your finished goods inventory (FGI) priorities with these big-picture objectives is tricky but essential.

Gain best practices for succeeding at this delicate balance from supply chain expert Dave Malenfant. In this informative webinar, he will address the challenges of managing FGI to meet customer service and delivery requirements while abiding by working capital goals. This session will take a supply-chain view of managing and optimizing inventory. Through sound “lean initiatives,” you can reach financial objectives and maximize customer satisfaction and service. 

After attending this presentation, you will be equipped with the tools you need to optimize inventory turns and, therefore, inventory investment. You will understand supply chain strategies—such as postponement—that help maintain a balance between financial investment and inventory coverage levels.  Malefant will also explain how to synchronize the supply chain to ensure proper management of all inventory types.

Session Highlights

This session will cover:

  • Types of inventory
  • How to classify finished goods inventory (FGI) for supply chain purposes
  • How to establish targets for optimizing inventory
  • What ‘lean initiatives’ are
  • How to use lean initiatives to drive optimal FGI levels for each inventory type

Who Should Attend

  • Inventory planners
  • Planners/buyers
  • Supply chain analysts
  • Financial analysts
  • S&OP process participants
About Our Speaker(s)

Dave Malenfant | Supply Chain Management SpeakerDave Malenfant
M. Dave Malenfant currently serves as Director of Outreach and Partnerships and oversees the Advisory Board for the Center for Supply Chain Innovation at Texas Christian University. Prior to this appointment, Dave served on the Advisory Board for the center from its inception in 2002. With a passion for talent developm... More info

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    Event Title: Optimize Your Finished Goods Inventory With 'Lean Initiatives'
    Presenter(s): Dave Malenfant

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