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Request Demo



LIVE WEBINAR

65-minute live streaming program
 * December 5
 * 1:00 - 2:05 pm EST

ALSO AVAILABLE AS:

ONDEMAND COURSE


STRATEGIES TO REDUCE INVENTORY SHRINKAGE


DECEMBER 5

 * Overview
 * Agenda
 * Credits
 * Faculty
 * All-Access Pass


LEARN TO FIGHT INVENTORY SHRINKAGE WITH BETTER WAREHOUSE MANAGEMENT, EARLIER
DETECTION, SECURITY METHODS, AND TECHNOLOGY.



Disparities between the inventory recorded within financial systems and the
physical inventory present in warehousing and storage locations can have
impactful and far-reaching implications for businesses across customer service,
revenue realization, operational efficiency, labor costs, working capital,
utilization of credit facilities, audit compliance, and more. While theft and/or
intentional falsification of record-keeping within either or both of the
financial or operational environment is always a possibility if sufficient
controls are not present, inventory shrinkage is a complex topic with many
potential root causes that can present to business and functional owners in
seemingly similar ways. Join Kirk Waldrop and Ben YoKell, Managing Directors at
Alvarez & Marsal, for a discussion of the symptoms, impacts and root causes of
inventory shrinkage, with examples of real-world situations from their
collective decades of helping companies across industries solve their inventory
management challenges.




LEARNING OBJECTIVES

 * You will be able to recognize symptoms of inventory shrinkage.
 * You will be able to explain the differences between inventory shrinkage and
   loss.
 * You will be able to identify potential root causes of inventory shrinkage.
 * You will be able to describe how to diagnose the likely causes of inventory
   shrinkage in your business.




FACULTY

KIRK WALDROP

ALVAREZ & MARSAL

BEN YOKELL

ALVAREZ & MARSAL

Purchase Options

Add to Wishlist


CREDIT

ISM AIPB APICS NASBA View Approved Credits


MORE PROGRAM INFORMATION

 * Overview
 * Agenda
 * Credits
 * Faculty
 * All-Access Pass


RELATED TRAINING

OnDemand Course -

Battle of the Forms and Managing the Contracting Process

Learn More

OnDemand Course -

International Purchasing Fundamentals

Learn More

OnDemand Course -

Risk-Based Vendor Management Fundamentals

Learn More


WHY LORMAN?

Over 37 years and 1.4 million customers worth of experience providing continuing
education. Our passion is providing you world-class training to help you succeed
in business and as a professional.


AGENDA

Introduction

Defining Inventory Shrinkage

How Inventory Shrinkage Impacts the Business

How to Identify Inventory Shrinkage

Potential Root Causes

What to Do About Inventory Shrinkage

Q&A

Purchase Options

Add to Wishlist


CREDIT

ISM AIPB APICS NASBA View Approved Credits


MORE PROGRAM INFORMATION

 * Overview
 * Agenda
 * Credits
 * Faculty
 * All-Access Pass


RELATED TRAINING

OnDemand Course -

Battle of the Forms and Managing the Contracting Process

Learn More

OnDemand Course -

International Purchasing Fundamentals

Learn More

OnDemand Course -

Risk-Based Vendor Management Fundamentals

Learn More


WHY LORMAN?

Over 37 years and 1.4 million customers worth of experience providing continuing
education. Our passion is providing you world-class training to help you succeed
in business and as a professional.


CREDITS


LIVE WEBINAR REGISTRATION

 * AIPB 1.0
    
 * This program is acceptable for 1.0 CPEC(s) towards the CB designation through
   the American Institute of Professional Bookkeepers (AIPB).
    
 * CPIM/CFPIM/CSCP 1.0
    
 * This program may qualify for 1.0 certification maintenance points toward the
   CSCP, CPIM and CLTD designations through The Association for Operations
   Management.
    
 * ISM 1.0
    
 * Participants who successfully complete this program will receive 1.0 hours of
   continuing education. They may be applied toward ISM CPSM, CPSD or C.P.M.
   recertification. ISM's consent to approve hours for this educational event is
   not an endorsement of this program or its content by ISM.
    
 * CPE 1.2 including Production 1.2
    
 * Noggin Guru, Inc. dba Lorman Education Services and BankersHub is registered
   with the National Association of State Boards of Accountancy (NASBA) as a
   sponsor of continuing professional education on the National Registry of CPE
   Sponsors. State boards of accountancy have final authority on the acceptance
   of individual courses for CPE credit. Complaints regarding registered
   sponsors may be submitted to the National Registry of CPE Sponsors through
   its web site: www.nasbaregistry.org. For more information regarding
   administrative policies such as complaint and refund, please contact our
   offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.2 each session
   (based on a 50 minute credit hour). You must attend at least 50 minutes to
   obtain credit. Field of Study: Production for 1.2 hours. Prerequisite: basic
   knowledge of purchasing contracts. Level of Knowledge: Intermediate. Teaching
   Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group
   Internet Based. Please refer to the information in this brochure for outline,
   course content and objectives. Upon completion of this course, you will
   receive a certificate of attendance. Final approval of a course for CPE
   credit belongs with each state's regulatory board. Please note: In order to
   receive CPE credit for this course you MUST use the streaming audio option,
   as well as enable and complete the required progress checks.
    


ONDEMAND COURSE

This course was last revised on December 3, 2021.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA
accreditation.


WHO SHOULD ATTEND?

This live webinar is designed for purchasing managers, buyers, contracting and
materials managers, procurement managers, presidents, vice presidents,
accountants, bookkeepers, and financial professionals.

Purchase Options

Add to Wishlist


CREDIT

ISM AIPB APICS NASBA View Approved Credits


MORE PROGRAM INFORMATION

 * Overview
 * Agenda
 * Credits
 * Faculty
 * All-Access Pass


RELATED TRAINING

OnDemand Course -

Battle of the Forms and Managing the Contracting Process

Learn More

OnDemand Course -

International Purchasing Fundamentals

Learn More

OnDemand Course -

Risk-Based Vendor Management Fundamentals

Learn More


WHY LORMAN?

Over 37 years and 1.4 million customers worth of experience providing continuing
education. Our passion is providing you world-class training to help you succeed
in business and as a professional.


FACULTY


KIRK WALDROP

ALVAREZ & MARSAL

 * Managing Director, Supply Chain Services, Alvarez & Marsal
 * More than 26 years in supply chain and operational improvement
 * Supply chain strategy and transformation, facility design and optimization,
   inventory management and order fulfillment, materials management,
   direct-to-consumer and omni-channel operations, facility automation and
   material handling, 3rd party distribution and logistics selection and
   implementation, returns processing, business process redesign and operational
   improvement
 * M.S. Degree in Logistics and Transportation, University of Maryland; B.S.
   Degree in Industrial Engineering, Georgia Tech
 * kwaldrop@alvarezandmarsal.com or 404.210.0940


BEN YOKELL

ALVAREZ & MARSAL

 * Managing Director, Supply Chain Services, Alvarez & Marsal
 * More than 24 years in supply chain and operational improvement
 * Supply chain strategy, manufacturing and distribution network design, supply
   chain forecasting and planning, production scheduling, inventory planning and
   optimization, supply chain technology selection and implementation, supply
   chain analytics, operational due diligence, separation/integration planning
   and execution, business process redesign and operational improvement
 * M.E. Operations Research and Industrial Engineering, Cornell University; B.A.
   Degree in Mathematics, Cornell University
 * byokell@alvarezandmarsal.com or 303.946.4199

Purchase Options

Add to Wishlist


CREDIT

ISM AIPB APICS NASBA View Approved Credits


MORE PROGRAM INFORMATION

 * Overview
 * Agenda
 * Credits
 * Faculty
 * All-Access Pass


RELATED TRAINING

OnDemand Course -

Battle of the Forms and Managing the Contracting Process

Learn More

OnDemand Course -

International Purchasing Fundamentals

Learn More

OnDemand Course -

Risk-Based Vendor Management Fundamentals

Learn More


WHY LORMAN?

Over 37 years and 1.4 million customers worth of experience providing continuing
education. Our passion is providing you world-class training to help you succeed
in business and as a professional.


ALL OF YOUR TRAINING, RIGHT HERE AT LORMAN.

Pay once and get a full year of unlimited training in any format, any time!

 * OnDemand Courses
 * Live Webinars
 * MP3 Downloads
 * Course Manuals
 * Executive Reports
 * White Papers and Articles

Additional benefits include:

 * State Specific Credit Tracker
 * All-Access Pass Course Concierge


Questions? Call 877-296-2169 to speak with a real person.

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ACCESS TO ALL TRAINING PRODUCTS FOR ONE YEAR
$699/YEAR


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training budget. $699 will cover all of your training needs for an entire year!


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INVEST IN YOURSELF

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lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 411425
Published 2021, 2024
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