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QLD SCRt CIWG | Inventory Management

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Location

Caltex

South Street

Lytton, QLD 4178

Australia

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Event description

Description

SCRt CIWG | Inventory Management

Hosted by:

Visy


Business Dictionary defines the objective of inventory management is to provide uninterrupted production, sales, and/or customer-service levels at the minimum cost.
Since for many companies inventory is the largest item in the current assets category, inventory problems can and do contribute to losses or even business failures.

Effective inventory management is faced with the challenge of harmonizing opposing requirements. While the production team strives for efficient equipment utilization, the sales department makes short-term delivery commitments, which can result in the rescheduling of the production plan on a regular basis. Warehouse managers want to ensure high availability of items, so they may over-order and build up a large supply of cost-intensive safety stock. All this is happening while the top managers aim to cut costs and increase liquidity.

Regardless of what industry a business operates in, the subject of inventory management is relevant. Every business is faced with the challenge of providing the right supply to meet the market demand.
Come along and discuss what your business does and hear what others are doing with respect to this critical business function.


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SIRF Roundtables in Queensland currently comprises in excess of 40 progressive organisations that network and share their best practices in a peer to peer learning environment, specialising in Operational Excellence, Supply Chain and Industrial Maintenance.

‘Common Interest Work Group’ (CIWG) events are for technical specialists looking to discuss with peers, specific topics they are working on, in and around their field of excellence.




FAQs

Who should attend?

Supply Chain Professionals

What are my parking options for the event?

Parking Available on Site

What are the PPE requirements?

Long pants, long sleeves, safety boots and hi-vis vest

When do I need to register by?

12 May 2018

Investment?

This event is included in SIRF Roundtable membership

Who can I contact for further information?

Heidi Thompson 0419 511 767

Gary Silversides 0479 164 169

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Date and Time

Location

Caltex

South Street

Lytton, QLD 4178

Australia

View Map

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