Loading Events
Date 15 November 2018
Time 16:00 UTC+8
Cost Participation is free
Registration

About the webinar

We invite you to take part in our webinar

Theory of Constraints Application for Inventory Management in Retail

Thursday, November 15, 2018

Time 4 PM – 5:10 PM (GMT+8)

 

Effective inventory management is a crucial function for boosting profitability in retail and distribution.

In this webinar, we will talk about increasing inventory turnover rate, optimizing product range and building successful supply chain relationships from suppliers to customers.

What will you learn?

  1. Why may excess inventory exist simultaneously with out-of-stocks? Warehouses are overloaded, yet the customer is not satisfied?
  2. What are the negative consequences of ineffective stock replenishment for a company?
  3. How to change your approach to inventory management for the achievement of relevant results: low stock levels, high levels of product availability, customer satisfaction, sales, and profits.
  4. Theory of Constraints application for managing inventory in the retail industry. What is a buffer and how does Dynamic Buffer Management algorithm work?
  5. Case studies. Results and effects of ABM Inventory implementation in leading retail chains.
  6. Demonstration of ABM Inventory – a cloud-based supply chain management software system based on the Theory of Constraints.

Система управления запасами и ассортиментом ABM-Inventory

 

Some of our clients include: “Izhtrading” (100 of stores), “3 bananas”, Retail Chain “Goodwill”, Retail Chain “VPROK” (104 of stores),  “NOVUS” , “Chelny Hleb”,  “AVD Trade”, ”iStudio”, ”EVRIKA” and others.

PROJECT IMPLEMENTATION RESULTS

  • Introduction of a centralized stock management system, which currently operates 85% of product assortment.
  • 20 %  improvement of the Turnover period.
  • Stock optimization. 10% decrease of excess inventories.
  • Transparency in order placement processes, inclusive of promo items, the opportunity of ‘’problematic’’ SKU detection and further removal from the product grid.
  • Minimization of typical order placement mistakes (out of schedule orders, missing/ lost orders, mistakes with order volumes, etc).

 

The webinar is for:

  • Business Owners and Commercial Directors
  • Inventory Management Specialist
  • Stock Director, Stock lead
  • Purchasing & Supply Chain Director
  • Supply Chain Manager
  • Business Development Sales Manager
  • Logistics Development Manager

Participation is free. Pre-registration is required. Space is limited!

You will receive a link to access the webinar one day before the start of the live broadcast.

 Save your space!

Details

  • Date

    15 November 2018

  • Time

    16:00 - 17:10 UTC+8

  • Category

    Web

Организатор

  • Company

    ABM Cloud

  • Email

    sales@abmcloud.com

  • Сайт

    https://abmcloud.com/