PDM -Topic: Managing Inventories in a Changing Economy

Tuesday, 10/20/2009
5:30:00 PM

The Fairdale
672 Wehrle
Amherst , NY 14225
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Please join us for this event

Managing Inventories in a Changing Economy
Doug Howardell, CPIM, PMP
Symbiotic Solutions

As our economy declines, inventory continues to be key to supply chain success. Planners, buyers, and managers must focus on keeping turns at the highest possible levels. This session presents a simple methodology for achieving this goal and explains how to identify which inventory rules might be out of date in your company. You will discover how to increase inventory turns, reduce obsolescence, and improve working capital.

1. Major reasons that inventories go up in a down economy
2. Managing inventories with changing demand
3. Dynamic Measure of Inventory Performance
     a. Problems with Traditional Measures
     b. A better metric - Inventory Quality Ratio
4. Improving Inventory Performance
     a. Measure the current condition 
     b. Set improvement targets
     c. Identify root cause
     d. Take corrective action
     e. Track progress to target
5. Summary & Conclusions

What attendees can take home and put to use:

1. Facts, data and examples of how inventory is affected by a changing economy
2. A new way to measure inventory performance
3. A proven methodology improve inventory performance

About our Speaker:

Doug Howardell, CPIM, PMP
Symbiotic Solutions

Doug Howardell wants to change the world one company at a time. He is a certified by APICS as CPIM and by PMI as PMP. Many people suggest he is generally certifiable. Doug's a long time independent consultant, which means he's another long winded speaker and long suffering author but he really likes to impassion people to try new approaches and take on new challenges.

During the past twenty-five years he has been a key part of a large variety of process improvement projects. Doug has led projects to design new business processes and tools, and to select and implement new business systems. He has extensive experience and expertise in all aspects of project management and operations management. Doug is an active member of the APICS and the Project Management Institute.

TUESDAY, October 20, 2009

The Fairdale Banquet Ctr.
672 Wehrle, Amherst, NY 14225

www.thefairdale.com (632-1221)

5:15-6:00 p.m.... Cash Bar,Registration & Networking
6:00-7:00 p.m......Dinner
7:00-8:00 p.m...... Program

$25.00 Members & Guests
$15.00 Full-Time Students

Buffet Dinner Menu:
Salad
Potato
Vegetables
Roast Beef
Chicken Marsala
Dessert

Reserve Early...

For reservations, log on to www.apics-buffalo.com or call APICS at PPM OffiCenter, (716) 648-0972 or Fax (716) 646-1599

Reservations requested* by Friday, October 16th.

* If you find that you can attend after this date, please give us a call. Same-day cancellations or no-shows will be invoiced.



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