TMAC: Inventory Management

Overview: effective inventory management is critical to controlling costs, maintaining production flow, and meeting customer demand. This workshop is designed to help manufacturing professionals understand the importance of tracking, controlling, and optimizing inventory levels to support efficient and reliable operations. Through practical examples and applied concepts, the workshop will introduce proven inventory management principles, tools, and best practices. Key topics include inventory visibility and accuracy, inventory control methods, and strategies to balance supply levels with carrying costs. Manufacturers may benefit from sending individuals or teams involved in planning, purchasing, production, and inventory control. Participants will leave with a clearer understanding of how to manage inventory more effectively, reduce waste and shortages, and support a more responsive and cost-effective supply chain.