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Busting the Myths of Inventory Management - A LAA presentation

Melbourne, 24 May 2006

Carter McNabb will present ‘Busting The Myths of Inventory Management’ on Thursday 15th June at Monash University as part to the LAA (Vic) Knowledge Development Workshop series.

The presentation will address common challenges in inventory management and help participants understand how to determine the right mix of inventory to deliver targeted service levels at the lowest cost. A proven framework for demand forecasting, inventory optimisation and replenishment planning will be provided, and opportunities to better align stocking policies with supply chain strategies explored.

Case studies with blue chip Australian organisations will be presented to demonstrate real work applications of these techniques. Participants will have the opportunity to discuss issues as part of the event.

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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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