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How a global chemical company leveraged smarter inventory management process to optimize working capital and achieve a 27 percent reduction in on-hand inventory carrying costs

Sponsored By Genpact

Topics:
Finance & Risk Management > Expense Management

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Abstract:
Poor inventory management practices can negatively impact cash flow and the bottom line. Learn how a global chemical company applied Six Sigma and Lean methodologies to identify improvement areas and implemented smarter process and analytics-including the development of standardized data structures and reports on ERP systems-that resulted in a 27% reduction in on-hand inventory carrying costs, increased inventory visibility and standardized global processes.
DETAILS
Sponsored by:
Released: October 15, 2012
Length: 2 pages
Format: PDF (166 kb)
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