Supplier/Vendor – Managed Inventory

Duration 75 Mins
Level Basic & Intermediate
Webinar ID IQW23H0845

  • Methodology overview
  • Strategic issues to consider
  • The process of implementing an SMI/VMI program
  • How to fine-tune the program

Overview of the webinar

Supplier/Vendor Managed Inventory is a program that optimizes supply chain performance. The supplier and the customer learn to operate in a mutually beneficial manner that provides financial gains as well.

It is a process for resupplying inventory in an expeditious manner. It offers a minimal work effort for the customer but provides reassurance of ongoing availability by the supplier.

Who should attend?

  • Inventory Planning Manager
  • Purchasing Manager
  • Supply Chain Manager
  • Director
  • Buyer Planners

Why should you attend?

  • Why is it a useful tool in various industries.
  • Learn how this technique provides financial benefits to both supplier & customer.
  • Understand the process/phases of preparation thru implementation & subsequent achievement.
  • Learn from existing/real working applications.
  • Understand how to ensure successful employment of this practice.

Faculty - Mr.Michael Gozzo

Michael W. Gozzo is President and Founder of THE TOTAL BUSINESS CONSULTING GROUP, LLC., a firm specializing in counseling and education of all levels of management in the areas of Supply Chain, Lean Manufacturing, Demand Flow Technology, Just-In-Time, Total Quality Control, Manufacturing Systems Implementation, Inventory Control, and Production/Operations Management. 

Recent involvement with Silicon Valley leader’s in Supply Chain Management, Lean Manufacturing practices and ISO includes Cisco, Infineon, Sunrise Telecom, PerkinElmer, Philips Semi-conductor, and SanDisk.  Mike Gozzo went to Germany to train operational personnel at Lufthansa Air Cargo.  He has been associated with Lean practices: pull systems, quick change, 5-S, VMI, cell design, and others.

Mike has traveled and worked extensively in Canada, England, Hong Kong, Ireland, Scotland, Germany, Japan, Korea, Mexico, Indonesia, South Africa, Thailand, Bahrain, U.A.E., Qatar, Saudi Arabia, Oman, and Taiwan.

He has an Executive Program Masters Business Administration Degree from the University of New Haven, as well as a Bachelor of Science in Finance from the University of Connecticut. 

He is certified as CPIM & CSCP by the Association of Operations Management (APICS)/Association of Supply Chain Management (ASCM).  

Mr. Gozzo is the co-author of "Made In America - The Total Business Concept" and several other books and numerous published articles. He has developed over 50 courses that can be customized for the respective client.


Refund / Cancellation policy
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