Digitized inventory management can make your supply chain more efficient and resilient to disruptions, develop higher visibility into your part consumption, improve forecasting, and help you reallocate resources to more productive responsibilities. But what does the transition into a new system actually entail for your business? What can you expect regarding timeline, cost, infrastructure, and strategies? Making better decisions requires insight from experts in their field. Join us to learn what Optimas Director of IT Business Systems, Jerry Segall, and Juan Jimenez, Global Business Development Director, recommend manufacturers do to optimize their inventory management in order to be more proactive and profitable. Walk away with practical and actionable insights into what transitioning or building a new inventory management system would look like for your business. Attendees will also have the opportunity to download Optimas’ Inventory Management Workbook for free. This workbook guides you through the decision-making/selection process for a vendor-managed system. You could use this guide to: -Determine your inventory management needs before you get started -Vet inventory management solutions providers -Set up KPIs to measure success

Let’s face it, MRO inventory is usually overbought and underinsured, costing millions. But organizations rarely do anything about it because they’re convinced their data just isn’t in a good enough place to make MRO optimization a priority. But perfect data doesn’t exist, it never will, no matter how many data cleanses you waste money on. Explore how AI is creating a new approach to MRO/indirect materials optimization and bridging the gap between procurement and operations teams, while breaking the stigma of having to have perfect data to get started. Learn how leading manufacturers have adopted an AI approach and have learned the secret that’s been hiding in plain sight. We’ll discuss topics such as: -Eliminating the need for lengthy and costly data cleanse projects -Increasing visibility of spend and price variances to reduce tail spend -Building confidence in your MRO inventory availability to ensure you will have the right part at the right time at the right place, at the right cost -Identifying millions in savings opportunities through inventory deduplication, revamped stocking policies, and network-sharing opportunities