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Effective Inventory Management
Develop a streamlined method for producing efficient cycle counts, tightening logistics, and cutting costs
1-Hour CD-ROM Now Available!
Auditors are due to arrive at any moment, counts aren't complete, and the stack of orders on your desk grows exponentially as the hours tick by. A sense of panic sets in as the overwhelming nature of your workday takes hold. Have you mastered the tools and techniques for gaining control of your inventory and maintaining your sanity in today's fast-paced business environment?
It's increasingly difficult to find down time in your day to do inventory counts and ensure a lean inventory management process is in place. As soon as you've made sure one product's inventory is correct, another discrepancy always seems to appear. Coworkers and bosses are looking to you for help with their priorities NOW. As your inbox piles up, so does the number of clients waiting for order confirmations. Orders aren't placed for badly needed stock, and the result is missed sales, instant shortages, and lost income. If these situations sound familiar, you're in desperate need of simple solutions and successful strategies to increase accuracy and efficiency in inventory purchasing and production — and all while saving time and money!
Lean inventory management, seamless logistics, and successful cycle counts don't just happen over night, but this 1-hour program will provide you with proven solutions and next steps for taking control of your counts and costs. From what to do with obsolete inventory to tips for negotiating with suppliers, there are numerous strategies for gaining more space in your warehouse, ordering the quantities you actually need, and increasing your bottom line.
Have you ever found yourself in the following situations?
- A client stops by your office unexpectedly and demands a blind count. You know the computer system hasn't been giving the most accurate quantities lately and try to make up an excuse. He comments that his business must not be important to you if you can't even keep track of his inventory.
- You've discovered that some of your accounts were overstated and others were understated. You're company paid taxes on something it didn't really have and you risk problems with the IRS for not paying enough taxes on the items you didn't count. You need to ensure this never happens again!
- You have stockpiles of obsolete inventory that never move, and it just gets recounted year after year. Your organization would reduce wasted space and increase revenue if you could replace the old inventory with more of your top-selling items. How do you go about pointing this out to your boss?
Don't spend another minute struggling to get a hold of your inventory management processes! With the tips, tools, and techniques provided in this one-hour webinar, you'll learn strategies for implementing new purchase order policies, eliminating misleading counts, and prioritizing your organizations deadlines to leave you breathing easier about your organization's inventory, projections, and budget. You'll be able to implement what you learn immediately and see positive changes in your work life as soon as you return to your desk.
What would your workday look like if you could minimize the stress related to ineffective inventory management — and how would your work life change with a renewed sense of control, purpose, and accomplishment?
In just one hour with our expert, you will learn to:
- Easily classify inventory categories using the ABC system
- Determine what to order, when to order, and how much to order — and what to do with it all upon arrival
- Introduce techniques that improve your inventory turn
- Uncover the hidden costs of off-site storage and how it could actually be costing your organization more
- Ensure your forecasting tools are determining the right count frequency — every time
- Understand the Order Point System and if it could benefit your organization
- Identify the inventory cost structure that best fulfills your company's size, structure and processes
- Consistently come away with clear numbers of inventory turnover, and discover trends those numbers could be indicating
- Eliminate the chaos and clutter of blind counts
- Calculate the cost of carrying inventory — and deal with the inventory that takes up valuable warehouse space but never moves
Who will benefit?
Any member of your organization who works with inventory control, purchasing, scheduling, accounting, or warehouse management will benefit from the strategies and solutions provided that allow you to manage your inventory and employees more effectively than ever before!
This high-energy program will give you and your coworkers the skills needed to tighten logistics, manage cycle counts, and gain a renewed sense of control over your budget. Don't endure another grueling inventory count, fall victim to inaccuracies, or be overrun with frustration. Learn proven solutions and time-saving tips that will help cut costs and ensure accurate counts and inventories more effectively and efficiently than ever before!
100% SATISFACTION GUARANTEED!
As always, your satisfaction is our #1 priority. If for any reason you're dissatisfied, we'll arrange for you to attend another seminar, choose a different product, or receive a full refund — hassle free!
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