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Inventory Management Best Practices for 2012

Thursday  December 1, 2011  1:00 PM  EDT
This program is available on-demand by filling out the form below, or order it on DVD to share with your colleagues.

To survive in these uncertain times, distributors must implement lean practices. Part of this process is to get the “fat” out of your warehouse, to be sure that every piece of every product you stock leads to profitable sales, according to Jon Schreibfeder, international inventory management consultant and principal of Effective Inventory Management. Join us for this one hour webcast to learn best practices you can immediately implement to achieve the goal of effective inventory management. Topics include:

  • Determining what needs to be stocked in each branch or warehouse
  • Liquidating unwanted material
  • Analyzing and improving the accuracy of your forecasts of future demand of products
  • Maintaining proper replenishment polices and parameters to ensure you meet or exceed customers’ expectations of product availability at the lowest possible cost
  • Understanding how to calculate your “ideal” inventory investment for each branch or warehouse

 


SPONSORED BY:

 


SPEAKER:

Jon Schreibfeder
Jon Schreibfeder is president of Effective Inventory Management, Inc., a firm dedicated to helping manufacturers, distributors, and large retailers get the most out of their investment in stock inventory. For over 20 years, Jon has helped over two thousand firms improve their productivity and profitability through better inventory management. Jon has designed several inventory management computer systems and has also served as a distribution industry "troubleshooter" for two major computer companies. He is the author of numerous articles and a series of books on effective inventory management, including the recently published Achieving Effective Inventory Management (5th edition) and the National Association of Wholesale Distributors' Guess Right – Best Practices in Demand Forecasting for Distributors.

Rod Daugherty
Rod Daugherty is the Senior Director of Product Strategy for the Demand Forecasting and Inventory Optimization solutions at Manhattan Associates where he oversees the product direction for these applications. For the last 18 years Rod has been a consultant, designer and product director for multiple replenishment software companies. 

Prior to his career in Inventory Optimization software Rod held various positions at a 1000 store drug store retail chain first in store operations and later in merchandising. Rod’s years of firsthand experience in retail and distribution wholesale replenishment provides valuable insight into guiding the product strategy for Manhattan Associates Demand Forecasting and Inventory Optimization solutions.

 

MODERATOR:

Tom Gale
Publisher of Modern Distribution Management, a specialized information service that provides insight and analysis on trends in wholesale distribution channels. Modern Distribution Management's information services include paid print/online newsletters, industry intelligence e-newsletters, web site, webcasts, book and special reports publishing - all focused on wholesale distribution. Published since 1967, Tom became the second editor of the publication when he purchased it in 1992.

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