IBS Australia are the Gold sponsors of Impetus Expo 2008, an event organised by GS1 Australia at the Sofitel Hotel in Melbourne in October. The theme of the event is “Insight, Innovations, Implementation”. IBS Australia have also launched a series of guides, titled ‘The Essential 5-Step Guide to Inventory Optimisation’.
By sponsoring Impetus 2008, IBS Australia confirm their commitment as GS1 Australia’s Strategic Alliance Partners and to support global standards in supply chain implementation.
Narelle Behn-Carey, Vice-President Marketing for IBS Australia, explains that IBS Australia have chosen to sponsor the Impetus Expo 2008 because through the event, they will be involved first hand with the concerns and requirements of the industry and integrate this information into their on-going research and development programmes.
‘The Essential 5-Step Guide To Inventory Optimisation’ is based on IBS Australia’s Inventory Optimisation Methodology that help inventory / supply chain managers to get the right product at the right time and place.
The series includes:
Step 1: The case for inventory optimisation and how to balance inventory levels and lower costs
Step 2: How to analyse inventory performance
Step 3: How to classify products and define strategies
Step 4: How to calculate product forecast
Step 5: How to optimise product replenishment