April 2011

Manufacturing Webinar: Optimizing Inventory Management to Improve Profitability

View the recording here.
Download webinar slides here.

Managing inventory levels to effectively meet both demand and cash flow requirements is one of the major challenges of operating a manufacturing enterprise.

Attendees of this webinar will learn practical, executive level approaches to inventory optimization techniques. Sharing best practices and reviewing a cutting-edge inventory optimization tool, the presenters will outline strategies for leveraging inventory management to minimize cost, generate ROI and improve overall company performance.

 Webinar topics & takeaways include:

  • 21st century challenges to effectively manage inventory
  • The importance of inventory optimization on overall financial performance
  • Case examples and best practices from middle market manufacturing companies
  • Inventory optimization tools, including Factory Physics® Inventory Optimization
Date: Thursday, May 26, 2011
Time: 12:00 p.m. CST
Duration: 50 minutes (1 hour of CPE will be provided)
Cost: Free


Who should attend:

Illinois, Indiana, Michigan, Wisconsin–area CEO’s, CFO’s, COO's, VP’s of Operations, bankers of manufacturing companies with revenue of $25-$250 million including: metal products, fabricators, machinery and equipment, appliance, electronics manufacturers.

Presenters:

Paul F. Oetter, CPA, is Partner in Charge of Blackman Kallick’s Manufacturing and Distribution Practice. He serves as a business advisor and engagement team leader for his clients, which include manufacturers and distributors in industries such as precision metal forming, chemical processing and equipment manufacture as well as a variety of food processing companies. Paul is a member of the American Institute of Certified Public Accountants (AICPA), the Illinois CPA Society, the Tooling & Manufacturing Association, and the Precision Metal Forming Association.

Edward S. Pound is Chief Operations Officer at Factory Physics Inc. Ed provides thought leadership on operations strategy and day-to-day execution best practices for executives and managers. Ed has deep expertise in applying best-practice inventory management principles and software solutions to help executives realize millions of dollars in increased profitability, improved customer service, rapid evaluation and integration of acquisitions, and accelerated results for Lean and Six Sigma efforts.

More about Blackman Kallick's Manufacturing and Distribution Practice. 

More about Factory Physics Inc. 

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This publication is part of Blackman Kallick’s marketing of professional services, and is not written tax advice directed at the specific facts and circumstances of any person and/or entity. Contents of this publication are of a general nature, and you should not act on this information without obtaining professional advice from your business advisor that is appropriately tailored to your individual needs and circumstances. This written advice is not intended or written to be used, and cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code.