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San Fernando Valley APICS
PO Box 802977
Valencia, CA 91380-2977

Professional Development Meeting

“Best Practices for Inventory & Working Capital Reduction”
Presented by Doug Howardell
Symbiotic Solutions, member of The ACA Group

Thursday June 11, 2009 – 5:30-8:30pm
Odyssey Restaurant, Granada Hills (map)

Many approaches are used to reduce inventories and working capital. Some have become know as best practices. This talk will define best practices and review survey results of the best inventory reduction practices being used today.

The presentation will also demonstrate how several best practices have been combined into successful strategies for rapid inventory reduction and achieving world-class performance. Come and see how you can use the data in your existing MRP or ERP system to go beyond merely planning inventory quantities to actually managing inventory dollars and working capital.

Learn how to identify your biggest reduction opportunities, set realistic reduction objectives, reduce excess inventories, fine-tune existing systems, increase turns and improve working capital management. After inventories have been reduced 20% to 40% the same technique is used for keeping them down.

About the Speaker:

Doug Howardell, CPIM, PMP
Symbiotic Solutions, Member of the ACA Group
626-390-6935 Doug@sym-biotic.com

Doug Howardell is an independent consultant who specializes in helping clients manage their business improvement projects. During the past twenty-five years he has led projects to design new processes and tools, select and implement new business systems, and a large variety of process improvement projects. He has extensive experience and expertise in all aspects of project and operations management. Additionally, Mr. Howardell has long experience teaching and training. He is an active member of the American Production and Inventory Control Society (APICS) and the Project Management Institute.

Click here to learn more and register.


Hot Topics


Lean Office Seminar was held on May 21st, 2009

Learn how to remove up to 60% of the waste of your office processes by attending this 1-day hands-on seminar at the Airtel Hotel in Van Nuys. For more information, click here.


West Coast Student Case Competition Winners announced!

36 students from 7 different schools competed as 9 teams in the 3nd Annual Student Case Competition hosted by the Southwest District of APICS during the February 6-7, 2009 district meeting in Torrance, CA. This year, there were 2 separate divisions – a graduate and an Undergraduate division. 5 Undergrad teams competed for the honor of representing our district at the Fall APICS/FedEx Undergraduate Case Competition which will be held in October, 2009. Our own CSUN Undergraduate team took 1st place and will get to travel to the University of Memphis in the fall where they will compete against 15 other schools. The winning team members are: Christa Elias, David Roman, Eric Bair, Kaloyan Borisov, and Roger Grato. 2nd place in the Undergrad division was won by Arizona State University (team 3). In the Graduate division, 1st place was taken by University of Arizona, and 2nd place was the graduate team from Cal Poly, San Luis Obispo.


The competition was fierce as all teams had about 15 hours to work on the case study which was a real-life Inventory problem. They had to write a 3 page paper and create a 6-minute PowerPoint presentation. Then they presented their solutions orally to the chapter leaders of the Southwest district APICS chapters. Other schools represented were Chico State, Thunderbird School of Global Management, and University of Nevada at Las Vegas (UNLV). Some of the 2007 participants and winners were present to assist district staff with this competition. Congratulations to all the students who competed! You are a credit to your schools and will make wonderful Operations Management professionals!

 

President's Letter


A Call for Volunteers to the SFV APICS Chapter Board of Directors

Dear Members and Friends,

The programs and activities presented by SFV APICS chapter are accomplished by the many efforts of a dedicated group of volunteers that make up the Board of Directors.

There is now a need for new Board volunteers in many areas of our chapter operations and management, especially Chapter Marketing, Publicity and Administrative Services. No prior experience is necessary.

The benefits to you are:

  1. Increasing your professional network through various Chapter and Regional Activities that can make your future job searches easier.

  2. Personal & professional growth; making you more valuable to present and future employers.

  3. Three points per year of service for CPIM Certification Maintenance.

The time commitment is one meeting per month (usually the first Thursday of the month), and we provide you with a free dinner.

In my 10 years of being a member and active volunteer for this Chapter, it has been a huge benefit to me both personally and professionally.

If you are interested, please contact me at nick@nickmatonak.com

Sincerely
Nick Matonak, CPIM, CIRM, CSCP
President, San Fernando Valley APICS


New APICS Industry Certification


On March 8, 2005, APICS announced the creation of a new industry certification to address the rapidly changing educational needs in supply chain management. The Certified Supply Chain Professional (CSCP) designation will be designed for professionals interested in increasing their knowledge of supply chain management, those currently working in the field of supply chain management, and those working with enterprise resource planning systems.

The CSCP learning system will consist of a blended learning approach incorporating self-directed study courses, Web-based learning, and classroom-based education offered through the APICS network of local chapters throughout North America and International Associates, colleges and universities, and corporations.

The CSCP program will be launched in conjunction with the 2005 APICS International Conference and Exposition, October 16-18, in New Orleans.

Go to the Volunteer Resources page of the APICS Web site to download FAQs on the program. APICS will continue to provide you with updates on the CSCP program's developments through this newsletter and in other communications.

 


January
APICS-SFV
Newsletter


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UPCOMING EVENTS
Jun  
2 (ED) - Fund of Inv. Ctl starts (12 wks) - Valencia
4 (BOD) - Board of Directors Meeting - Abe's Deli
11 (PDM) - “Best Practices for Inventory & Working Capital Reduction” - Odyssey
13 (ED) - CPIM Exam Review Workshop on DSP & BSCM - CSUN
Jul  
9 (BOD) - Board of Directors Meeting - Abe's Deli
15 (ED) - Basics of Supply Chain Mgmt starts (11 wks) - Glendale
16 (ED) - Detailed Sched.. & Planning starts (11 wks) - Glendale