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Podcast subject: Inventory Entitlement
Host: Philip Holt
Guests: Anthony Howarth, Adam Nicklin
Abstract: Inventory Entitlement is a methodology by which the required inventory investment for the current Value Stream Design is understood, balanced to budget, and then reduced through Value Stream improvements. However, it is often misunderstood, or misapplied, and getting it right is critical to the optimisation of Inventory.
Content:
Host: Philip Holt
Guests: Anthony Howarth, Adam Nicklin
Abstract: Inventory Entitlement is a methodology by which the required inventory investment for the current Value Stream Design is understood, balanced to budget, and then reduced through Value Stream improvements. However, it is often misunderstood, or misapplied, and getting it right is critical to the optimisation of Inventory.
Content:
- Introductions
- What is Inventory entitlement?
- Why do we need it?
- How can you ensure that Inventory Entitlement is a sustainable methodology?
- Who owns it, is it a Supply Chain Management process?
- Advice to anyone who wants to make a breakthrough in this area.