Inventory Control Compliance at the Corporate Level

This retail compliance webinar will discuss the need for inventory compliance policies and how to create them. It will also discuss inventory planning, auditing, replenishing, and employee compliance to ensure proper inventory control.

Why Should You Attend:

Inventory is one of the most expensive asset a company has, and as such must be managed and controlled appropriately. If inventory is mismanaged, lost, or stolen, the company loses not only the dollar figure the inventory is worth, but also potential sales.

This webinar will outline why inventory compliance policies should be created, how to create the policies from a corporate level, how to monitor and adjust inventory levels to ensure proper inventory levels, and how to create and maintain employee compliance of these policies. Keeping appropriate inventory levels will aid the company in its ability to have the right inventory on hand to maximize sales.

Areas Covered in the Webinar:

• Why inventory compliance policies should be created
• The risk and cost of mismanaging inventory
• FIFO, price protection, and warranties
• Inventory audits
• Proper inventory storage and security
• Inventory planning and adjustments
• Selling through excess inventory
• Inventory replenishment
• Employee compliance
• Company communication

Learning objective:

Participants will learn about effective inventory control compliance and management to increase company efficiencies and reduce risk.

Who Will Benefit:

This webinar will provide valuable assistance to:

• Small business owners in the retail industry
• Inventory control coordinators, analysts and managers
• Retail and purchasing managers
• Materials management and supervisors
• Stock associates and managers
• Compliance officers
• Audit

Instructor Profile:

Kristy Lopez, has 15+ years experience in retail, inventory management, and inventory and employee compliance procedures and management. Mrs. Lopez holds her Bachelor of Science degree in Management, an MBA in Marketing, an Master of Science degree in Psychology, and a Master degree in HR Management.

Mrs. Lopez' experience includes presidency over a family-owned start-up; management of retail store locations, including inventory management and audits; and training entrepreneurs on how to effectively order, manage, audit inventory, and how to manage employees on specific compliance procedures. Mrs. Lopez has formerly written two Operations Manuals and multiple trainings that included inventory management for businesses.