Upcoming Webinar: Optimize Inventory Safety Stock - A Fundamental Principle and Tool
Many planners take a trial-and-error approach based on experience or guesswork to set inventory safety stock levels. In the webinar, Dr.Jay Zhou will introduce a fundamental principle that pinpoints the optimal safety stock level to maximize the profitability. It is a powerful and quantitative principle yet a straightforward one that can be easily understood by everybody. The benefits of the approach are many-faceted: fully measurable financial outcomes, improved planning productivity, etc. Following the introduction of the principle, Dr. Zhou will show how it actually works by using PeakProfit, a software tool from Friesian Analytics that implements the principle.
The webinar is designed for all inventory professionals and managers regardless of if they have 2 months or 20 years of working experience. Please register for the webinar scheduled on Thursday, January 13th 2022 - 11:00 AM (EST) here .