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Efficient Inventory Management
The Australian Government is hosting a free webinar about how efficient inventory management can increase cash flow and profit.
In today’s challenging COVID climate, efficient cash flow management practices are essential. Inventory is a key blind spot that can critically impact business profitability. Scott Blakemore of Blakemoresources will guide you through inventory management practices that every business owner needs to know to achieve efficiencies, generate cash flow and increase profit.
The workshop will cover:
- Understanding the problems and cost of poor performance in inventory management systems & processes
- The primary diagnostic tool to understand the current state of inventory management
- Measurements and what they mean
- The “how to” of execution to re-set Inventory in your business using 6S & Lean principles
- Introducing the Sales & Operations Planning Process & Product Lifecycle Management to drive inventory management efficiencies
- What success looks like – characteristics of the future state