Unlocking Working Capital: Best Practices for Reducing Inventory
The macro-economic situation facing manufacturers today is extremely challenging with a perfect storm of volatile fuel prices, reduced consumer spending and challenges in getting credit. Enterprises need to be proactive in this situation and must look for ways to improve cash flow without the need for major new demand generation activities. This document highlights cost-effective and practical ways to reduce inventory so that working capital can be released, while also providing caution against doing short term changes that will have a long term negative impact.
Download this report to learn:
- The reasons for the increased focus on working capital optimization.
- Inventory misconceptions.
- How Best In Class companies manage their inventory.
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FEATURING:
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Nari Viswanathan
Research Director, Supply Chain & Logistics
Nari Viswanathan is Research Director in Aberdeen Group's Supply Chain & Logistics Practice. Nari specializes in order to delivery and S&OP processes. Previous to joining Aberdeen Group, Nari was a senior product manager at i2 Technologies. Past experience includes a multi-year change management and IT enablement initiative at a large automotive manufacturer in Asia and process re-engineering of a large North American distribution network. Nari's business process and technology expertise includes demand management, manufacturing management, and demand fulfillment. Nari holds a masters degree in manufacturing engineering from the University of Wisconsin-Madison. Nari also holds a mechanical engineering degree from the Indian Institute of Technology, Madras. |
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