Discover how to stop your warehouse from stealing your profits this February...

Every company strives to improve profitability. Countless hours are spent in meetings devising ways to lower operating costs while increasing sales and gross margins. Unfortunately, management in many companies assumes that:

• All material currently in stock is necessary to properly serve customers

• Costs can best be reduced by lowering wages, reducing benefits, and squeezing any possible amount from the operations budget

• Salespeople should focus on increasing sales and gross margin profit. Buyers should order whatever salespeople request to help them achieve these goals

• New warehouse technology is an expense not easily afforded

In the quest to maximise return on investment many organisations fail to scrutinise their investment in inventory. This is unfortunate because improving the way you control and manage your inventory may have the greatest potential for improving your organisation's bottom line.

Using Microsoft Dynamics NAV as an example of good stock management software and real-world examples of how others are profiting from good stock control, this seminar aims to highlight best practice when optimising the stock you keep.