10/12/2021

032.Effectively Analyzing Your Investment in Inventory

Presenter: Jon Schreibfeder

Level of Complexity: Intermediate
8:00 AM - 11:30 AM

Inventory is probably a distributor’s largest asset. But few organizations have a comprehensive set of metrics that faciltiate the processes of setting goals, evaluating performance and identifying opportunities for improvement. In this session we will present a comprehensive set of inventory-related measurements that management can evaluate each month. We will explore how to interpret the results of each metric and use them as tools to evaluate employee productivity. There will also be a discussion of effective ways to adjust your current policies and procedures to improve future results.