Join us at the IBM Think 2019 in San Francisco
Rob McCullagh, Strategic Account Director will be presenting on “Reduce Inventory Levels by Up to 50% and Optimize Reorder Points with Smart Inventory Management”
Date: Thursday, 14th February, 5:30 PM – 6:10 PM | Session ID: 2014A
Location: Moscone South, Level 2 | San Francisco Ballroom 214
Balancing inventory holding levels and service levels is never an easy task. Further, few organisations have the skills, tools or bandwidth to achieve a bird’s-eye view of which stock items are fast or slow moving and to continually readjust reorder points based on lead times and distribution frequencies. Smart Inventory Management is a visual, interactive, integrated, and preconfigured analytics-based inventory management capability. It will help you to identify potentially obsolete stock and suggest more optimal reorder points for frequently issued stock items. It also provides a detailed profile and understanding of both the levels of inventory you hold as well as the quality of data maintained.
What can expect from IBM Think 2019?
Explore the technologies that are redefining industries, learn from the experts, and get your biggest questions answered. Think 2019 will include innovation talks where you can discover how trailblazers, disruptors, and visionaries are radically changing the world along with keynote speakers and breakout sessions over a four day period. From high-level strategy discussions to targeted technical training, this event will cover the breadth and depth of technology and business topics including cloud, AI, data and analytics, infrastructure, and many more. For a full agenda click here.
About the Speaker and Presentation
For the past 17 years Rob has been helping organisations use their data to answer the business questions that are keeping them awake at night. In business, his goal is to help provide timely, meaningful and actionable information based on a myriad of data that delivers actionable insight. Through the use of Advanced Analytics, he helps deliver answers that get executives excited about what they can now achieve. Data mining is a collaborative process and he typically hears the expression” Now, that’s really interesting” as they uncover new insights about a specific business challenge.
Presentation
Optimising MRO Stock Levels with IBM Analytics and Smart Inventory Management
Balancing inventory holding levels and service levels is never an easy task. Further, few organisations have the skills, tools or bandwidth to achieve a bird’s eye view of which stock items are fast or slow moving and to continually readjust reorder points based on lead times and distribution frequencies. Presidion Smart Inventory Management is a visual, interactive, integrated, and preconfigured Analytics based Inventory Management capability. It will help you to identify potentially obsolete stock and suggest more optimal reorder points for frequently issued stock items. It also provides a detailed profile and understanding of both the levels of inventory you hold as well as the quality of data maintained. Linking your IoT to a practical application like Predictive Maintenance will drive significant ROI and put a clear structure on your IoT roadmap and measurement of success. Predictive Maintenance (PdM): the use of Advanced Predictive Analytics and multiple historic data sources, aims to predict when and where an asset will fail (and why). This capability offers manufacturers the opportunity to reduce operating costs (10-25%) and product development costs (25%).
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