Inventory Management and Cycle Counting
AM Session: Smarter Inventory Management - How to Reduce Inventory & Improve Cash Flow Workshop
Today, companies are faced with increasingly complex and conflicting objectives as they strive to remain competitive in the global marketplace. Smarter inventory management is a critic al ingredient to help a company achieve its financial and operational objectives. Failure to properly monitor, plan and control inventory can place a company at a competitive
This workshop is designed to provide the attendee with the basic knowledge and tools to help assess if a company is properly managing its inventory and identify potential inventory reduction and cash flow improvement opportunities. Upon completion of this workshop the participant will be able to:
PM Session: Cycle Counting – The Road to Enlightenment
In these competitive times, companies face many challenges as they attempt to improve productivity, eliminate non-value costs, and reduce inventory levels. The road to improvement is often a long, winding, and time -consuming journey. A wrong turn becomes an invitation to frustration, conflict, delay, and unanticipated expense. Poor inventory accuracy is a major impediment that hinder companies from achieving their business goals.
The road to enlightenment begins with the establishment of a cycle counting trip plan. The plan starts with the identification and examination of ten critical activities needed for this trip. The plan then illustrates how to avoid common obstacles and pitfalls that might detour the journey. The plan next explores the va rious costs of this journey. Finally, before the journey ends, we will explore the question , “Are We There Yet?”
APICS Members (Must provide ID No.)
Group Rate per Person *
AM or PM Session
There is a $15 cancellation fee if cancelled after April 10. No refunds after April 20, 2017.
* To qualify for the Group Rate, four or more attendees must be processed in one payment transaction from the same company.
Utilizing MRP in a Lean Environment: The Marriage of MRP and Lean
MRP is often referred to as “The Great Enabler” because it allows for large lot sizes, poor yields, and long lead times by planning for those allowances. While it is true that an MRP software system does not encourage LEAN concepts, the reality is that we can effectively implement LEAN initiatives in such a way as to create a successful marriage of the two techniques. In this fashion, MRP retains its role as a planning tool while LEAN provides for the execution on the shop floor.
This highly interactive, one day workshop will engage participants in the following discussion:
This program is appropriate for environments using MRP systems and aspiring to implement LEAN initiatives. It is for system users, administrators and anyone who provides data input to the system OR uses the data output: planning, purchasing, stockroom, shipping/receiving, engineering, cost accounting, production, etc. This will be especially helpful to top management representatives who are responsible for project management, system implementation and training programs.
After completing this workshop, the participant will be able to:
The workshop will be held from 8:30 until 5:00 at Cucina Calandra's / Best Western Executive Inn, 216 Route 46 East, Fairfield, NJ 07004. Register by April 6 online at apics-gnj.org. Registration is $399 for APICS members and $499 for non-members.
Michael D. Ford, CFPIM, CSCP, CLTD, CQA, CRE, CQE, ACPF, CPSM, CSSGB is a Supply Chain Expert with TQM Works Consulting. He provides innovative solutions, based on 30 years of experience in retail, distribution, manufacturing, and consulting. His work history includes software implementation, business planning, inventory control, distribution planning, and corporate training. This includes a broad range of experience from ETO (Engineer to Order) to MTS (Make to Stock), as well as non-profits, service, and Department of Defense.
He has presented at over 320 industry events throughout the U.S., Canada, Nigeria, S. Africa and Australia, and has provided over 5,000 hours of classroom training.
Ford is a 2016 graduate of Binghamton University, earning a M.S. in Industrial & Systems Engineering. Ford combines his technical expertise with personal skills, to develop a unique “outside the box” approach to life’s challenges. He is a charismatic speaker who specializes in delivering training that is “edu-taining.”
$399.00 Member of Greater North Jersey Chapter
$399.00 Member of another APICS Chapter
SCOR-P: YOUR MODEL FOR SUCCESS
High impact professionals like you are relied on every day to make the BIG changes, do the seemingly impossible, and keep everything under control.
But you know that too much change is coming too fast – and there’s no agreement on what should happen. You need to first know these 5 quick truths before you can get things under control: