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Focus Clinic: The Top 8 Pitfalls of Inventory Management

Presented by: Art Shaffer

Time: 10:30 AM - 11:45 AM

Whether you are a company with a manual inventory control system, or one of the latest automated inventory control systems. Inventory accuracy could be one of your best management tools, that thorn that keeps creating non value work, or your worst nightmare causing major management issues. Where do you think you rank?
Inventory accuracy management starts with recognizing there are problems, identifying the problems, identifying the reason for the problems, how to control the problems, and prevent their reoccurrence.
Based on over 15 years implementing ERP software systems and continuous improvement projects, we will look at some root causes of inventory errors and recommended solutions. The companies range from major automotive components, chemical, consumer products, food & beverage, pharmaceutical, and textile to small job shops.

From this presentation you will learn:

  • Identify potential inventory issues
  • How companies resolved their inventory issues
  • If your company is perfect, you can confirm that you are not making the same mistakes that other companies have made

Who should attend?

  • Senior management who rely their inventory as an asset for profits
  • Managers and supervisors responsible for inventory
  • Professionals (planners, schedulers, buyers, etc) who rely on accurate data
  • IT team members that create and maintain inventory software systems
  • Any employee who touches inventory
  • Supply chain consultants who are interested in a different look into inventory management
Arthur Shaffer, CPIM

Art has been teaching ERP supply chain software classes for 14 years and currently is an APICS Central Jersey CPIM instructor. He has also presented at APICS chapters PDM, APICS Region meetings, at the APICS International Conference Volunteer Leadership Workshop, and other professional organizations.

Art has been in supply chain consulting and materials management for over 25 years working in the manufacturing and distribution/warehousing area. Art has experience in implementing ERP and WMS software systems, along with project management, and process improvement programs. He has a diversified industry experience which included automotive, chemical, consumer, electronics, food/beverage, medical devices, pharmaceutical, paper, and textile.
 
Art earned his BS in Industrial Engineering from Fairleigh Dickinson and a MS Engineering Management from NJIT. He achieved his APICS CPIM in 1990, recertification in 2004, and lifetime certification in 2009. He completed the APICS Train the Trainer and APICS Learning Dynamics instructor training. Art is a participant in the APICS Instructor Program and is currently at the Associate, CPIM level.

Art is an active APICS member and has been since 1989. He is an active member of the APICS Central Jersey Chapter Board of Directors for the past 19 years in various positions including Chapter President and currently serves as Director of Education. He is past APICS Regional Vice President – Region IX and served as a member of the APICS Board of Directors. He is also on the Congress for Progress Committee.