how-to-create-inventory-reduction-plan-for-your-business

How to Create Inventory Reduction Plan for Your Business

Live Webinar

  • 60 minutes

Inventory comprises an important part of current assets, particularly in manufacturing industry. A lot of cash flow is committed to inventories so as to ensure a smooth flow of production to meet a demanding customer service level. However, maintaining inventory also involves holding or carrying costs along with opportunity cost. Therefore, identifying inventory reduction strategies becomes critical for supply chain and operations professionals.

Join this webinar with expert speaker Dr. Muddassir Ahmed, who will go over a list of eighteen inventory reduction tactics, strategies and initiatives. He will also provide real examples for selecting inventory reduction strategies, and creating an ideal inventory reduction plan to meet your business goals.

Session Highlights:

In this program, you’ll learn how to:

  • Practical strategies you can apply into your jobs to drive inventory reduction and improve cash flow.

  • Inspirational Ideas to pick from if you stuck to drive down your inventory

  • Real Business Tactics & Initiatives to Achieve Inventory Reduction Goals

  • Understand Inventory Management Metrics

  • Create Inventory Reduction Plan – how you can combine everything.

Why You Should Attend:

Audience will get:

  • List of 18 Inventory Reduction Tactics, Strategies and Initiatives.

  • Real example of how to select inventory reduction strategies

  • Real example of key inventory reduction strategies I have used in last 12 years.

  • Real example of how to create inventory reduction plan to meet your business goals.

Who Should Attend?

  • Anyone who is associated with Supply Chain

  • Procurement and Operations Management.

  • Mainly Design for Manufacturing

  • Distribution and Retail Businesses.

  • CEO |COO|CFO |VP

  • Directors

  • Inventory, Warehouse, Distribution Executives/Managers

  • Production/Manufacturing Executives/Managers

  • Transportation Management Software (TMS) Sales Executives

  • Retail Store Owners/Managers


*You may ask your Question directly to our expert during the Q&A session.

** You can buy On-Demand and view it as per your convenience.

Dr. Muddassir Ahmed

Dr. Muddassir Ahmed

Dr. Muddassir Ahmed is a blogger, researcher, strategist and speaker in Supply Chain Management, Procurement and Operations Management. Hi blog muddassirism.com is about all things to do with “Supply Chain Management”, Procurement and Leadership. Prime focus is to assist readers in “gaining knowledge” in operations world and help them making decisions and assist them to drive “Continuous Improvement” in the jobs and business they are in.

Dr. Muddassir Ahmed career involved with Supply Chain Management, Research in Management Science and have held senior leadership positions in Manufacturing (Electrical, Hydraulics & Textile) and ecommerce industries in Europe, Middle East & Pakistan

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