Webinar to Provide Tips on Safety Stock Policies

CHICAGO – May 21, 2007 – Supply chain planning expert Kai Trepte will share insight on how to lower investments in supply chain inventory by better aligning supply with demand during “Safety Stock – A Key to Financial Success,” a free Webinar on Tuesday, May 22, 2007 at 2:00 pm EDT. The event is part of an ongoing educational series sponsored by John Galt Solutions, the leading provider of affordable planning solutions for the consumer-driven supply chain.

Pre-registration for the free educational webinar is required at www.JohnGalt.com.

The Webinar will focus on methodologies and processes for developing safety stock policies that are capable of handling seasonal variability. By better aligning supply with demand and utilizing safety stock routines that are tied to seasonal variability, companies can significantly reduce inventory levels in off season periods.

The session will provide concrete steps to more closely align inventory safety stock policy across the entire business to guarantee more efficient use on inventory investment. By lowering investments in supply chain inventory while still meeting customer demand, supply chain performance is improved.

Webinar topics will include:

  • An overview of safety stock
  • Definitions and examples of types of demand variability
  • Methods for calculating seasonal safety stock
  • How to implement safety stock programs within sales and operations

As vice president of sales and services at John Galt Solutions, Mr. Trepte has led hundreds of companies to successful forecasting, S&OP, inventory management and performance improvement processes. He has spoken at numerous industry conferences including APICS, the Institute of Business Forecasting, D/C Expo and Retail Systems.

About John Galt Solutions

John Galt Solutions helps increase forecast accuracy and optimize inventory levels in consumer-driven supply chains. With the ForecastX Wizard and the Atlas Planning Suite, we provide a wide range of affordable, easy to implement, supply chain planning solutions designed for growing mid-market companies. Over 5000 customers have benefited from our deep industry expertise and innovative technologies. Industry leaders such as Bayer Crop Science, DuPont, Fidelity Investments, Hasbro Games, Huhtamaki, Sealy, Syngenta Crop Protection, and The Container Store have improved their bottom line through increased revenues and inventory cost reductions. To learn more, please visitwww.JohnGalt.com or call 312.701.9026.

Back to News