Inventory Optimization: An Untapped Lever in Supply Chain Performance

Join supply chain veteran Paul Wobbe, who brings over 30 years of experience across Fortune 500 organizations in CPG, industrial products, chemicals, pharmaceuticals, and energy, for a practical and data-driven session on unlocking working capital and improving service levels through Inventory Optimization.

This webinar will cover the core inventory categories (safety stock, cycle stock, pipeline, and excess/obsolete), proven optimization strategies such as ABC-XYZ classification and SKU rationalization, essential planning and governance processes, and the metrics that drive continuous improvement; along with common challenges and real-world approaches to overcoming them.

Outline:

• What is Inventory Optimization?
• Why is it Important?
• Discussion of the key inventory categories such as safety stock, cycle stock, pipeline stock, excess and obsolete inventory
• Inventory Strategies such as ABC-XYZ classification, SKU rationalization, service level segmentation, replenishment frequency strategies by ABC-XYZ class, regionalization, etc.
• The importance of inventory management processes such as inventory forecasting, regular safety stock reviews, monitoring adherence to planning parameter guidelines and a monthly E&O process
• Monitoring inventory performance and different types of inventory metrics such as impact metrics, achievement metrics, effectiveness metrics, and continuous improvement metrics
• Inventory Optimization Challenges
• Inventory Optimization Approaches
• Questions and Answers
• Upcoming events from ASCM Northern Colorado & Wichita

About Paul Wobbe:
Paul Wobbe is a passionate and accomplished supply chain leader with over 30 years of supply chain management experience. He has worked in and consulted for multiple Fortune 500 companies across multiple industries including CPG, Industrial Products, Chemical, Pharma, and Oil and Gas.

Paul is focused on transforming supply chains into strategic tools to grow the business and increase profitability and has a long track record of building supply chains that deliver improved reliability, higher customer service levels, reduced costs, and lower inventories.

"I have always found that effective inventory management resulted in a sound financial basis for decisions keeping in mind the supplier capabilities and potential variation in demand." - Larry Simon, Association for Supply Chain Management Chicagoland

"Looking forward to engaging discussions with the ASCM (Association for Supply Chain Management) community and beyond."
- Dileep Rai, Manager, Oracle Cloud Technology

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