| 2012 New England Supply Chain Conference and Exhibition - Doug Markham
Presentation
How to Achieve Rapid, Significant, and Permanent Inventory Reduction through Proper Selection of Replenishment Systems
Doug Markham, President, iPower
Distribution Group of New England, Inc.
Doug Markham, President of iPNE will lead a lively interactive discussion on
what to look for and what to look out for when it comes to selecting a
replenishment system to bring component and supplies to Point of Use and Just in
Time.
When it comes to getting large numbers of components to Point of Use cost
effectively there is no single replenishment system that fits all situations.
Company culture, plant layout, production line configuration, certainty of
demand, and part cost all play an important part in determining which method is
best suited.
In most organizations, multiple replenishment systems are called for and indeed
are in place to support daily production. It is highly probable that you will
have MRP, Kanban, and VMI programs already in place. The questions are, “What
factors did you use to determine which parts were going to be replenished by
which method?” AND “Did you Achieve Rapid, Significant, and Permanent reduction
in inventory”?
You will take away from this discussion not only the factors important to making
effective replenishment system decisions but also how integrated supply chains
can help accelerate the processes of getting large number of components to point
of use and reducing inventory.
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