Reduce inventory costs in the short term, do not jeopardize delivery capability!

Strong fluctuations in demand and raw material costs have a negative impact on the profitability of products and services, with high inventory costs in particular due to tied-up capital.

Simply concentrating on the development and manufacture of individual products often leads to purely technically optimized individual products. This results in high, not immediately recognizable overheads due to an excessive variety of types and parts, which has a considerable impact on stock levels and therefore liquidity.

Despite the far-reaching changes in operational structures in recent years, it is still the traditional problems in particular that are a burden on production and still hold potential for improvement. Effective inventory management is therefore all the more important to reduce inventories in the short term and sustainably and to keep them at the level that is really necessary. With the ever more rapidly changing range of articles and the constant increase in the number of parts and variants, careful planning is required in order to meet customer demand for prompt, reliable delivery despite low stock levels.

Stocks conceal problems – there is a lot of truth behind this statement. Attempts are often made to solve stock problems from the warehouse. This means that the value creation process is being led from behind and success is relatively low. In order to achieve short-term, sustainable and holistic inventory optimization, all parties involved in the process must come together at one table and take jointly coordinated measures. Active inventory management means making consistent use of these opportunities to reduce inventory levels across the entire value chain.

Our speaker, Dr. Kemmner, will explain to you in detail how effective inventory management can be implemented and with what effects, what organizational framework conditions need to be created, what advantages and disadvantages and what effects you can achieve with targeted, cross-process inventory planning, and discuss these with you on the basis of his broad background of successful implementations.