Managing Joint Inventory Liability and Risk between OEMs, Contract Manufacturers and Suppliers
Speakers: Vinay Askegar from AMR and Jim Booth
Today's leading supply chains are driven by strategies to share inventory liability and financial risk among OEMs, contract manufacturers and suppliers. Unfortunately, these strategies are extremely difficult to implement because companies are forced to rely on their existing ERP and supply chain planning systems for their actual inventory execution and those systems don't take these strategies into account.
This one hour seminar will outline the importance of executing to these strategies and how, with Fogbreak, companies can create a structured solution that ensures that key inventory decisions are made with the full understanding of their impact on inventory liability and financial risk.
- When should a product go end of life?
- When should an engineering change be implemented?
- How can you avoid excess and obsolete write offs?
- What is the cost of a potential change in the build plan or forecast?
- How can you avoid expedite, cancel and reschedule penalties?
Vinay Askegar from AMR and Jim Booth will share industry trends, best practices and their strategies for OEMs, contract manufacturers and suppliers to minimize inventory liability and financial risk in the supply chain. From the seminar, attendees will learn how to:
- Implement well structured, best practice agreements that minimize financial risk in the supply chain
- Link actual inventory execution to your desired inventory strategies
- Mitigate inventory liabilities with your customers and suppliers
- Minimize E&O inventory due to ECO, EOL and execution errors
- Reduce unplanned PPV
About Vinay Askegar
Vinay's research scope includes the semiconductor, semiconductor equipment, and high tech industries with a focus on business trend drivers, industry's best practices, global supply chain strategies, and implementation issues. Before joining AMR Research, Vinay worked as Director, Supply Chain and Logistics Services for Conexant Systems. Prior to joining Conexant Systems, Vinay was Manager, Worldwide Manufacturing and Quality Support at AST Computers. He has served on the board of the Supply Chain Council and as a chairman of the board. He has been involved in the Supply Chain Council as a founding member and has been instrumental in directing the development of the SCC (Supply Chain Council) and the SCOR model. Vinay has an undergraduate degree in Electrical Engineering and a Master's degree in Industrial Engineering. He is also a CFPIM.
About Jim Booth
Jim has 30 years of manufacturing operations
experience with specific focus on supply chain management
and procurement. Prior to Fogbreak, Jim was CEO and President
of Sapphire Communications, a fab-less semiconductor company.
At Gateway, Jim was Vice President of Global Materials &
Supply Management for the company's consumer and business
desktops, enterprise desktops and workstations, servers, notebooks,
PCs and software, and Internet services organizations. Prior
to Gateway, Jim was Vice President of IBM's worldwide materials,
storage systems and network hardware division, where he managed
all aspects of materials and procurement in the U.S., Southeast
Asia, Eastern and Western Europe and Japan. Prior to joining
IBM, he was Vice President of corporate materials and purchasing
for Quantum Corporation, where he was responsible for the
management and direction of all aspects of materials management
in the U.S., Singapore, Malaysia and Japan. Numerous publications
have recognized Jim as an expert in supply chain management
and for his contributions to the profitability of the companies
where he has worked.
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