Press ReleaseBusting the Myths of Inventory Management - A LAA presentationMelbourne, 24 May 2006 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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Symbion Pharmacy Services leads the way in supply chain optimisation – MHD MagazineOne of Australia's largest pharmaceutical companies, Symbion Pharmacy Services, successfully implemented GAINS and achieved the following market-leading
results: inventories reduced by 26%, service levels increased while supply chain efficiency improved.
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