Inventory is both an asset and a liability. It is a financial asset in that it has a value that can be turned into cash; it helps provide customer services and acts as an optimisation tool for purchase, transportation and production efficiencies. On the other hand it is a liability if we can’t turn it into cash, it needs to be stored and insured etc., which makes it is a drain on a company's resources. This seminar is an updated version of an event that Unipart have been running for the last six years. It looks at the role of inventory, inventory diagnostic tools, what items should be held in stock, where to keep them, how they should be replenished and whether items should be made for stock or made / assembled to order. The seminar includes exercises and demonstrations. Fees: Members - £75; Non-members - £150 (Non-member rate includes one year's Associate Membership of IOM) To book, contact Membership Services. Tel: 01536 740105. Email: members@iomnet.org.uk quoting Booking Code: IOM035.