An event every day that begins at 12:00 pm, repeating until 10/13/2022
Improve your bottom line with a better understanding of how to measure and control your inventory.
Inventory is a key asset of every manufacturing and distribution company, but it is often overlooked or poorly managed.
Who Should Attend
Anyone who has a role in managing and controlling inventory: Managers, buyers and purchasers, production staff, accounting and finance staff, and those who work in distribution and warehousing.
Open to Rhode Island manufacturing companies/employees only.
A foundation in basic inventory management helps you control this key balance sheet item. Learn how to maintain enough inventory to meet customer service levels and ensure smooth production – without letting it become a drag on your company’s capital and income.
Two 4-hour interactive online classes, in which you’ll learn proven methods to identify and measure inventory costs, and start to identify practices that you could implement to improve your operations.
How to identify and define inventory
Ways to classify and segment your inventory
The basics in counting and verifying inventory
Common control methods
How to measure and track costs
Different inventory measurement and reporting methods
Different management approaches , including how to determine effective inventory levels and reorder triggers.
No more than 3 students from any one RI manufacturing company. Students will earn a certificate.
After clicking “Sign Me Up,” below, you will receive instructions on how to complete payment.
About the Trainer
Polaris MEP Project Manager Ted Kennedyhas 35 years of experience within Operations and Engineering in the metalworking, toy manufacturing, and automotive manufacturing industries. He is a Lean leader with expertise in streamlining manufacturing, warehouse/distribution, retail packaging, and office processes.
Among other achievements, Ted created plant layouts for new 30,000 Sq. Ft. and 120,000 Sq. Ft. buildings and modified building layouts on three other facilities consolidating manufacturing and warehouse space by 30% to 40% using Lean tools. He also helped design a bar code system for use in manufacturing and shipping which was in use for over 15 years. He is a Six Sigma Black Belt.