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.
Facing the Forces of Change® is the only major research study analyzing the future of wholesale distribution within multiple lines of trade. Since its inception in 1982, the landmark Facing the Forces of Change® series continues to provide insights about the overall future of wholesale distribution and the role of wholesaler-distributors.