Surplus, shortages and obsolescence of inventory/spare parts have always been the main concern for inventory managers, especially in the defense industry where expensive spare parts are involved. Inefficient inventory management leads to unnecessary higher inventory cost and affects operational readiness. In view of these challenges, military organisations have been gearing up in benchmarking their performance against industry best practices in recent years. However, it is an ongoing quest for militaries to seek continuous improvements by upgrading themselves with the best inventory optimisation skills in pursuit of cost efficiency and supply readiness. 

The 3-day advance inventory optimisation course is designed to equip military inventory personnel with the latest and best planning methodologies in order to improve inventory performance at reduced cost. The course will present a comprehensive discussion of latest advances in inventory planning and key principles to optimal inventory management. Participants can look forward to gaining new insights with personal experience sharing from UK MoD Inventory advisor, Shane Targett who has successfully pioneered and implemented an inventory improvement program in UK MoD.

Shane Targett Director, Giode Ltd

Shane Targett is Europe’s most recognised expert in Military Inventory Optimisation and Supply Chain Management. He is currently employed at Cranfield University and lectures for the UK Defence Academy. He graduated from Cranwell in1981 before joining the Royal Air Force Supply branch. In the early ‘90s, Shane read an MSc in Logistics Engineering at Exeter University and pioneered Inventory Cost-Optimisation in the UK MOD. He has personally written and developed optimisation tools, including various Genetic Algorithm programs.

Shane has consulted in Defence Inventory Optimisation and SCM since retiring from the RAF as a senior officer in 1999.  He has invented Cost –weighted Back Order (CWBO )  and has been assisting with the MoD Inventory Algorithms Improvement Campaign. He has been conducting joint research with the UK MoD into inventory forecasting & planning.Since UK MoD has implemented his CWBO algorithm in their inventory planning, their inventory value has decreased by 1% and their Dues Out reduced by 93% in just 6 months.

With extensive experience throughout the Supply Chain for over 25 years, he has visited over 40 countries across five continents and worked directly with the armed forces of Finland, Germany, Italy, Malaysia, Saudi Arabia, South Africa, Switzerland, Turkey, the United Kingdom and the United States. He is a Chartered Fellow of the Institute of Logistics & Transport and established Giode in 2002.

For more details on course agenda, please click here

This programme is especially designed for inventory/material planning personnel, officers, managers, HODs and suppliers involved in planning, forecasting and provisioning of defence spare parts.

Relevant Organisations:

For more information about the event, please contact +65 6732 5518 or email marketing@dlogisticsasia.com