David has consistently been a strong, knowledgeable source for leading-edge process improvement, operational information and strategies in supply chain management. In these troubled economic times, David's insight and advice will provide useable tips on how to improve a company's inventory position, turning it into a competitive advantage.
Saratoga Springs, NY (PRWEB) October 30, 2008
Valogix announced today that is has initiated a new program designed to provide independent expert advice to small and mid-size businesses. The VALOGIX® Expert Series, begins in November with the first program in the series featuring David Caruso, the founder and Principal of David Caruso & Associates, Inc, a consulting firm specializing in manufacturing, supply chain, and technology strategy.
A Critical Time for Businesses that Manage Inventory
Better management of inventory is critical to small businesses in today's turbulent economic environment. In a recent story posted by John W. Schoen, Senior producer, MSNBC, "retailers and other businesses that rely on short-term credit to finance inventories are being hit hard. As that credit dries up, businesses that cannot buy fresh inventory from cash flow or savings could run out of options quickly. And businesses that maintain high-cost inventories while operating on razor thin margins have been hit especially hard by the credit drought."
According to David Caruso, "Today's tough economy has made optimizing inventory investment a mandate for survival. It is our intent to provide pragmatic insight and help distributors address the challenge of beating the problems quickly and effectively."
"We are very pleased to have David as our inaugural featured expert", stated Richard Vaccaro, President and CEO of Valogix. "David has consistently been a strong, knowledgeable source for leading-edge process improvement, operational information and strategies in supply chain management. In these troubled economic times, David's insight and advice will provide useable tips on how to improve a company's inventory position, turning it into a competitive advantage."
The VALOGIX ® Expert Series will be available in a variety of formats. The first session will be available in the new and innovative video PDF format to deliver the content. Subsequent sessions will be available via webcasts, whitepapers and additional video PDF's. All sessions will contain "how to" information from the experts.
The VALOGIX ® Expert Series runs through 2009. The anticipated topics are 1.) Releasing Cash Hidden in Your Inventory; 2.) Identifying and Solving Inventory Problems; 3.) Developing an Inventory Planning Strategy.
The VALOGIX ® Expert Series is developed and produced with the support of IBM, under the IBM ISV Advantage for SMB Program.
Since 1988, the founders of Valogix have been leading innovators in advanced inventory planning, optimization, and predictive analytics solutions. The advanced technology solutions automatically forecast demand, set and optimize stocking levels, replenishment stock, and optimize the investment in inventory. Valogix solutions are easy to use, affordable and provide measurable, rapid ROI. Dramatic cost reductions, improved productivity, and increased customer satisfaction are benefits received within months of implementation.
Valogix located in Saratoga Springs, NY has hundreds of customers and representatives covering the North America, Central and Latin America, Europe, and the Asia Pacific region. Valogix is a global, Gold-Level partner of SAP and Premier Business Partner of IBM. For media information, contact Kelly Glacken 443-266-7464 or visit the company web site: http://www.valogix.com.
About David Caruso:
David Caruso is the founder and Principal of David Caruso & Associates, Inc, a consulting firm specializing in manufacturing, supply chain, and technology strategy. David brings over 30 years of technology and manufacturing industry experience to his role. For the previous 8 years, David was Senior Vice President & Director of Research at AMR Research. At AMR David led a staff of 100 IT researchers in all aspects of manufacturing and supply chain technology research. In that role, he advised executives of Fortune 500 manufacturing firms and all of the enterprise software and technology firms on product, technology, and go-to-market strategy. While at AMR, David was instrumental in the development of the Demand Driven Supply Network model, which has been adopted as a standard by most ERP and supply chain software firms. His specialty there was ROI and business case development for technology investment.
David is a frequently requested keynote speaker at industry events and maintains a high profile with columns, quotes, and by-lined articles in magazines such as Manufacturing Business Technology, Managing Automation, Fortune, and Business Week. In addition, he has hosted a DVD video series on supply chain trends, appeared on numerous television and radio shows and also sits on numerous boards and councils such as the annual Progressive Manufacturer award, and Infosys' Leaders of Change executive advisory board.
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