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Technical Meeting - May 2016

posted May 10, 2016, 4:34 PM by IMA IE Web

Rancho Cucamonga, CA, May 1, 2016 – The IMA®  Inland Empire Chapter is proud to announce our January Technical Meeting. The next meeting will take place on Thursday May 19th, 2016.

This month we welcome Alan Dunn, President, GDI Consulting and Training. Alan will be presenting “Preserving Capital – Attacking the Seven Most Significant Capital Wasters in Your Company”

Alan G. Dunn is President of GDI Consulting & Training Company and is the founding sponsor of the Manufacturing Executive Institute (MEI), a manufacturing industry training provider with state-of-the-art classroom and web-enabled training facilities in southern California. Before founding GDI, Mr. Dunn was a Vice President at Gemini Management Consulting and a Partner at Coopers & Lybrand (now PricewaterhouseCoopers). In both positions, Mr. Dunn was responsible for leading large teams of technical manufacturing consultants in innovative productivity enhancement projects.

In addition to his 34 years of technical and management consulting experience, Mr. Dunn has several years of line management experience in manufacturing environments. He has extensive background in most functions within manufacturing companies and has participated in over 150 manufacturing and distribution consulting projects in over 150 companies. Alan is best known for his expert knowledge in:

         Complex manufacturing systems, methods & factory designs, including LEAN principles

         Integrated cost accounting systems design & implementation

         Supply chain methods & processes, including proven methodologies for comprehensively assessing performance & risk of mission-critical suppliers

         Product configuration and engineering change management systems

         Project management, including all technical, organizational & behavioral phases

Preserving Precious Capital… Attacking the SEVEN Most Significant “Capital Wasters” in Your Company

        How to stop selling money losing products (this sounds simple, but really isn’t)

        How to preserve capital through RAPID inventory reductions (stop converting liquidity to inventory too soon!)

        How to make it OK for your customers to pay their invoices quicker (there really are ways to improve your collections – and too many ways to allow your collections to stretch out)

        How to rapidly right-size your INDIREDT workforce (identifying minimum needs and making tough decisions)

        How to reduce sales forecast error (all forecast error ends up in inventory – it’s time to stop this giant sucking-sound of capital)

        How to bring salary, wages, and bonus compensation plans back to reality (this is not 2007 – comp plans must be revised to reflect economic realities)

        How to reduce variable spend on raw materials (outside of raising sales prices, NOTHING creates value faster than reducing material spend)

 

Times are tough and capital preservation is at the top of every executive’s priority list. But specific techniquest necessary to rapidly eliminate waste and reduce operating costs can be difficult to define… and more difficult to implement. If you manage ANY type of organization, you have waste which steals precisous capital from your enterprise. Now, more than ever, it is important to find the waste, quantify it, and begin eliminating it. Preserving enterprise capital through waste elimination is EVERY manager’s and leader’s job!

 

RSVP:  Cole Sperry at Cole.Sperry@accountingprincipals.com or 909-466-8880

Or follow this link for prepaid reservations: http://www.imaie.imanet.org/events

SPECIAL RATES FOR STUDENTS:

$15.00 student non-IMA members

$10.00 student IMA members

Must have current student ID and IMA membership number to qualify for these rates.

Pre-pay or PayPal $32, or at the door $37, Students $15 w/pre-reservation and current student ID.

 

 

About IMA® (Institute of Management Accountants)
IMA®, the association of accountants and financial professionals in business, is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession through research, the CMA® (Certified Management Accountant) program, continuing education, networking, and advocacy of the highest ethical business practices. IMA has a global network of more than 65,000 members in 120 countries and 200 local chapter communities. IMA provides localized services through its offices in Montvale, N.J., USA; Zurich, Switzerland; Dubai, UAE; and Beijing, China. For more information about IMA, please visit www.imanet.org.

 

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IMA IE Web,
May 10, 2016, 4:34 PM
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