Friday, October 27 • 1:30 pm - 2:30 pm
Inventory management and reducing “cost per case” are constant pressure points creating financial and operational stress for many companies. Understanding the “why” at SKU level can help remove much rework, waste and extra costs. Too little inventory can result in out of stocks, customer dissatisfaction and even permanent customer loss; too much means tying up operational cashflow, space and risks obsolescence.
Long term business profitability can depend on correctly designing the end to end supply chain for optimal efficiency/productivity so all partners win, rather than optimising fragments of the value chain. Effective inventory management and warehouse design principles can free up valuable warehouse and supply chain capacity, and improve speed to market and profitability.
In this session, you’ll learn about where your organization can benefit from a renewed focus on the value of inventory and warehouse efficiency, to challenge traditional methods and to take a wider view of the extended supply chain to benefit the customer.
Gary Newbury, CCLP, MBA, MSc, PMP, Lean Six Sigma BB
Executive Program Manager - Last Mile Strategy and Distribution Network Efficiencies, Gordon Food Services
Gary specialises in change management and strategic transformation within Retail Value Chains and Last Mile Operations. He is a recognised as a thought leader in “Last Mile Logistics and Fulfillment”, the most complex and challenging element of retail supply chains, along with integration with unified retail strategies. His 30-year experience of retail logistics is notable for rapidly tackling and transforming underperforming distribution networks, alongside leadership within high growth organisations on a national and international basis within B2B/B2C channels, typically, on a Project, Consulting or Interim C level executive basis, and has occupied many CFO, COO & CEO roles during this time.
He is currently on contract with Gordon Food Service as Executive Program Manager – Last Mile Strategy and Distribution Network Efficiencies driving change across transport and warehousing functions of this $10B food service company. He is current recognised by Retail Council of Canada as a subject matter expert in Retail Supply Chain Last Mile Logistics.
Inventory & Warehouse Efficiency