Supply Chain Challenges

Speakers:
Paul Stepanek, President, Complete Manufacturing and Distribution, [email protected]
Brent Terhaar, Principal, Manufacturing & Distribution, CliftonLarsonAllen (CLA), [email protected]

Overview:
Over the past 12 months, supply chain challenges have just kept coming…and coming. In an unpredictable environment—concerns about scarce materials, rising prices, factory shutdowns, long transport times, and more—have led many to ignore the forecast (and keep ordering) to keep customer service levels high. As we head into 2023 and demand levels ‘normalize,’ many companies now have too much piling up. High inventories tie up floorspace, constrain cash flow, raise costs of capital—all of which limit business growth.

Objectives:
In this session, you’ll be updated on the latest global supply chain challenges and gain insights for 2023 strategic planning – including ways to get inventories under control.

Key Takeaways:
· The latest supply chain challenges and key inputs for 2023 strategic planning
· Six options for managing high inventories
· Examples of how two companies got inventory under control