Friday, July 13, 2007

Learn to Meet Customer Demand While Lowering Investments in Supply ...

Earthtimes.org - USA
... Mr. Trepte has led hundreds of companies to successful forecasting,
S&OP, inventory management and performance improvement processes. ...

CHICAGO, May 21 /PRNewswire/ -- Supply chain planning expert Kai Trepte will share insight on how to lower investments in supply chain inventory by better aligning supply with demand during "Safety Stock - A Key to Financial Success," a free Webinar on Tuesday, May 22, 2007 at 2:00 pm EDT. The event is part of an ongoing educational series sponsored by John Galt Solutions, the leading provider of affordable planning solutions for the consumer-driven supply chain.

The Webinar will focus on methodologies and processes for developing safety stock policies that are capable of handling seasonal variability. By better aligning supply with demand and utilizing safety stock routines that are tied to seasonal variability, companies can significantly reduce inventory levels in off season periods.

The session will provide concrete steps to more closely align inventory safety stock policy across the entire business to guarantee more efficient use on inventory investment. By lowering investments in supply chain inventory while still meeting customer demand, supply chain performance is improved.

Webinar topics will include: -- An overview of safety stock -- Definitions and examples of types of demand variability -- Methods for calculating seasonal safety stock -- How to implement safety stock programs within sales and operations

As vice president of sales and services at John Galt Solutions, Mr. Trepte has led hundreds of companies to successful forecasting, S&OP, inventory management and performance improvement processes. He has spoken at numerous industry conferences including APICS, the Institute of Business Forecasting, D/C Expo and Retail Systems.


Inventory Management

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