Robert Lamarre and Jean-Philippe Demers

In difficult times, companies are looking at ways to reduce costs while at the same time improve customer service in order to retain clients and gain new sales.

Many companies are also looking at inventory optimization in order to maximize their asset-management. One needs the availability of spare parts to maintain asset utilization.

We will present a very comprehensive methodology to improve business processes in order to optimize inventory management and forecasting.

We will examine

• Demand management optimization
• Forecasting optimization
• Inventory management parameters optimization
• Improved replenishment processes
• Inventory optimization followed by the right KPIs and exception reports

The presentation will be supported by very practical examples from the Montreal Urban Transit, Prévost, GE Aircraft’s Engine, Weyerhaeuser and Iam Gold amongst others.

Our commitment is to propose concrete actions to improve inventory management and forecasting.