This includes people, processes and technology. However, when asked about the return on investment (ROI) on such an improvement, the answers are not always forthcoming. It is not straightforward enough to answer the question: if I invest X amount in my inventory planning project, what will be my ROI?
Fortunately, Arkieva has done a lot of inventory planning projects starting with visibility, policy, single- and multi-echelon safety stock calculations, etc.
In this webinar, we will:
- Identify the benefits of inventory planning projects
- Share our methodology to dollarize the return on investment (ROI) from said benefits
- Discuss how one can apply it to their business
Participants will be able to carry the knowledge back to their business and apply the ROI calculations in trying to sell an inventory planning project internally, or to calculate the ROI of a recently finished project.
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About the presenter: Sujit Singh
As COO of Arkieva, Sujit manages the day-to-day operations at Arkieva such as software implementations and customer relationships. He is a recognized subject matter expert in forecasting, S&OP, and inventory optimization. Sujit received a Bachelor of Technology degree in Civil Engineering from the Indian Institute of Technology, Kanpur, and an M.S. in Transportation Engineering from the University of Massachusetts. Throughout the day don’t be surprised if you find him practicing his cricket technique before a meeting.