SCRt CIWG - Inventory Management

SCRt CIWG - Inventory Management

SIRF Roundtables presents
Supply Chain Roundtable
Common Interest Workgroup
Inventory Management
Hosted by

SIRF Roundtables in Queensland currently comprises in excess of 40 progressive organisations that are willing to network and share their best practices in a peer to peer learning environment, specialising in Operational Excellence and Industrial Maintenance.

‘Common Interest Work Group’ (CIWG) events are for technical specialists looking to discuss with peers, specific topics they are working on, in and around their field of excellence.
Business Dictionary defines the objective of inventory management is to provide uninterrupted production, sales, and/or customer-service levels at the minimum cost.
Since for many companies inventory is the largest item in the current assets category, inventory problems can and do contribute to losses or even business failures.

Effective inventory management is faced with the challenge of harmonizing opposing requirements. While the production team strives for efficient equipment utilization, the sales department makes short-term delivery commitments, which can result in the rescheduling of the production plan on a regular basis. Warehouse managers want to ensure high availability of items, so they may over-order and build up a large supply of cost-intensive safety stock. All this is happening while the top managers aim to cut costs and increase liquidity.

Regardless of what industry a business operates in, the subject of inventory management is relevant. Every business is faced with the challenge of providing the right supply to meet the market demand.
Come along and discuss what your business does and hear what others are doing with respect to this critical business function.

This event is ideal for:  
Supply Chain Professionals

When: 22 May 2018
Host: Caltex
Location: 1 Tanker Street, Lytton
Time: 8:45am for an 9:00am start, concluding at 2:00pm
RSVP: 12 May 2018
Investment: This event is included in SIRF Roundtable membership
PPE: Long pants, long sleeves, safety boots and hi-vis vest
Parking: To be advised
For further assistance please don't hesitate to contact:
Heidi Thompson 0419 511 767
Gary Silversides 0479 164 169

Booking and more info

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