Press Release

Lean Inventory Management presentation

Melbourne, 18 August 2006

Carter McNabb will present “Lean Inventory Management” on Monday 21st August as a guest speaker at the APICS 2006 International Conference.

Industry research and benchmarking studies show that superior supply chain performance translates directly to higher service levels, reduced costs and greater efficiency.

This presentation will explore opportunities to use a science based planning approach to determine the right mix of inventory to deliver targeted service levels at the lowest cost.

An analytical framework for demand forecasting, inventory optimisation and replenishment planning will be provided, and opportunities to better align supply chains with customer behaviour will also be explored. Case studies with blue chip Australian organisations will be presented to demonstrate real world applications of these techniques.

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About APICS
Since 1973, the Australasian Production and Inventory Control Society (APICS) has been a professional support structure for leaders in Australia and Asia/Pacific who work at the cutting edge of one of the most exciting areas in business today – Supply Chain Excellence. With more than 80,000 members worldwide, the APICS body of knowledge supports people who are committed to personal, professional and industry growth by the continual upgrading of knowledge and skills through APICS services: education, certification, plant visits, best practice groups, member activity nights, conferences and symposia.

About Carter McNabb
Carter is a founding partner of GRA and is a regular speaker at industry events. He has consulted extensively in the United States, Latin America, Asia and Australia to manufacturing, distribution, retail and aftermarket organisations in industries ranging from Defence to FMCG to Hi-Tech. He also authors and runs the ‘Managing Supply Chain Inventory’ and the ‘Network Modelling & Optimisation’ courses within Monash University’s Supply Chain & Logistics Masters Program, and delivers courses in Forecasting and Inventory Management as part of the Asia Business Forum’s knowledge development series.

About GRA
GRA is an expert supply chain consulting firm specialising in demand, inventory and supply chain optimisation. We combine expert knowledge with best-of-breed planning and optimisation systems to take your supply chain to the next level. Our experience is your experience, and we work side-by-side with our clients to ensure change is successful and benefits are sustainable. Guaranteed results are typically delivered within 8-12 weeks, and we aim for a minimum 3:1 ROI.

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GRA at APICS 2006