Life Science idealab: Trade offs within multi echelon inventory management
There is an active discussion in many Life Science companies on inventory management with the trade-off between service level optimization and working capital reduction in the different production stages and locations. For most companies, effective inventory management is not simply about lowering absolute inventory levels, but rather making inventory decisions part of a well-balanced supply chain. Inventory management and control is key to deliver against the desired customer service levels. In this breakfast session, we will discuss pragmatic approaches for multi echelon inventory optimization: calculating safety stock target levels, analysis to define optimized safety stock calculation levels, calculating inventory reduction potential based on a current service level, product portfolio segmentation, etc.
We would hereby like to invite you for our next Idea lab on Tuesday November 7th, 2017 from 14 to 17h00 in Vught, the Netherlands.
EyeOn’s breakfast sessions offer industry experts, peers and participants the chance to discuss challenges and innovative ideas on a range of industry topics. Trends, experiences and best practices are shared to get insight on how the industry is dealing with key planning challenges.
Breakfast sessions offer a unique opportunity to meet and exchange ideas with your peers from different companies. Sessions are interactive and focused on developing top level knowledge on planning topics. The number of participants is limited to maximize interaction.
Your effort :
- Prepare a one slide presentation with your main challenges
- Join a 2 hour morning session
- Attitude to share experiences with peers
Participation is free of charge. Sign up for one or multiple breakfast sessions by sending an e-mail to Kim van Broekhoven: firstname.lastname@example.org. If you are interested in a topic, but not able to join, please contact Kim by e- mail.
After you have subscribed you will receive an outlook invite to update your agenda.
We look forward to welcome you on this inspiring knowledge sharing event!