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Arrow Down October's Professional Development Meeting (PDM)

October 19, 2022 (IN PERSON)

Please join us for our upcoming meeting, 

"Constructing & Using a 'Component Criticality Matrix' to Improve Inventory Management Results...
a Better Way to Identify & Focus on Important Raw Materials, Components & Ingredients"

Presented by:
Alan G. Dunn, President of GDI Consulting & Training Company

(Click for more information)

Presentation:
Procurement organizations are often responsible for managing thousands of parts and/or ingredients that can be purchased from hundreds of Suppliers.  The large number of items and Suppliers makes it nearly impossible to manage each individual item as much as one wants to. This is why Procurement organizations rely upon stratification methods and other sorting methodologies to provide insights into GROUPS of items.  This way, Purchasing professionals can focus on the “important few” items while not wasting time on the “trivial many” items.  The problem with this is that most organizations rely on stratification methods derived from Pareto analytics… which no longer work in our global supply chain world. The “Component Criticality Matrix” is a tool that can be used to solve this problem.

The purpose of this presentation is to demonstrate how the “Component Criticality Matrix” can better identify items that are truly critical so that added planning and procurement attention can be applied.

The “Component Criticality Matrix” is a tangible analytic tool that helps all Purchasing professionals to quantifiably determine how critical an item is to the overall enterprise.  Once this is accomplished, special attention can be applied to manage the item, its inventory levels, and its impact on customer service.

 

 
 

Arrow Down Who should attend?

Supply chain professionals seeking added skil and professional knowledge.

 


Arrow Down About our Speaker

About our Speaker

Alan G. Dunn is currently President of GDI Consulting & Training Company and founder of the Manufacturing Executive Institute (MEI).  He is also the creator and lead-instructor of the 22-month Next Generation Global Supply Chain Leadership Development Program at the California Institute of Technology’s Center for Technology & Management Education, where he has taught since 1984.

Mr. Dunn specializes in strategic planning, supply chain management, manufacturing management, operations management, cost management and business finance.


Previously, Mr. Dunn was a Vice President at Gemini Management Consulting and a Partner at Coopers & Lybrand.  In both positions, he led large technical manufacturing teams through innovative productivity enhancement projects.  Mr. Dunn has participated in >185 manufacturing and distribution projects inside >112 companies.  He has worked in 23 countries and across most manufacturing sectors.

Over his 40-year career in global supply chain consulting, Mr. Dunn has served, and continues to serve on the Boards of Directors of numerous public, private and non-profit companies.  He is the recipient of the National Association of Corporate Directors (NACD) prestigious Director of the Year Award in 2007.

Alan is a career ASCM volunteer, having served as the President of the Orange County Chapter in 1984 and Chairman of ASCM in 2015.  Mr. Dunn has a degree in business management from California State University, Fullerton.

 

 

Arrow Down Future Meetings


November 16, 2022

December

- No meeting in December

January 18, 2023

- Coming soon

February 15, 2023

- Coming soon

March 15, 2023

- Coming soon

Aril 19, 2023

- Coming soon

May 17, 2023

- Coming soon

Click HERE to review our prior PDM Presentation history

 

MEETING INFORMATION

LOCATION: Double Tree Club Hotel
ADDRESS: 7 Hutton Centre Drive,
Santa Ana, CA 92707
(map)
NETWORKING:

5:30 to 6:30 pm
DINNER:

6:30 to 7:15 pm
PRESENTATION: 7:15 to 8:30 pm
COST: $25 Members
$30 Non-mem's
$15 Students
$15 OC Board
AT THE DOOR: $30 Members
$35 Non-mem's
$20 Students
$15 OC Board
DATES: Third Wednesday of the Month (10/year - see events calendar)

* At In-Person meetings mention you’re here for the ASCM meeting for free parking

 

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