Inventory Management Workshop
Date and Time
Tuesday Jan 14, 2020
11:30 AM - 1:00 PM CST
Tuesday, January 14th
11:30 am - 1:00 pm
Location
Columbia State Community College
Hickman Building, RM 123
1665 Hampshire Pike
Columbia, TN
Fees/Admission
Free for our Existing Industry Partners, includes lunch.
Contact Information
Nicole Perry
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Inventory Management Workshop
Description
Inventory Management – Workshop
When you leave this workshop, you will have a better understanding of the role that inventory serves in the efficient running of your business. Not only will we cover how it helps, we will also cover how it is working against you and what to do about it.
We will start out with an overview of inventory principles, discuss the types of inventory and then deploy these learnings to your specific inventory management objectives. Tools such as ABC Analysis, Cycle Counting, Metrics and Risk Mitigation will be covered.
Lunch will be served during the event.
Lunch will be served during the event.
Workshop Agenda
- Overview of Inventory types and their purpose
- The good and the bad of inventory
- How do you measure and manage?
- Analytics - “Make the data tell a story”
- ABC analysis
- Pareto
- What do you do about it?
- Risk mitigation strategies (Safety stock, safety lead time)
- Tracking improvements
- Analytics - “Make the data tell a story”
- Cycle Counting fundamentals
About the Presenter
Kevin Cooper is a Solutions Consultant Team at the University of Tennessee’s Center for Industrial Services (CIS). CIS is an agency of the Institute for Public Service, and the NIST Manufacturing Extension Partner Center serving the state of TN. The CIS Solutions Consultant Team provides industrial extension services throughout the state of TN, working with manufacturers and industry partners, helping them improve performance and profitability, and grow. Before joining CIS in 2016, Kevin gained 25 years supply chain leadership experience with manufacturing companies in the automotive and pharmaceutical industries. Kevin holds an Operations Management degree from University of Tennessee. He also maintains supply chain management related professional certifications; Certified Production and Inventory Manager (CPIM) and Certified Supply Chain Professional (CSCP), both from APICS – The Association for Operations Management.