Phernell Walker, MBA, ABOM, LDO, NCLEC, II: No relevant disclosure to display
Brought to you by the National Academy of Opticianry and SECO International.
Achieving the highest return on investment for optical inventory is an essential goal. Strategic thinking and meticulous planning are key to achieving consistent positive outcomes. Master Optician Phernell Walker will guide you through proven strategies around inventory planning, staging, supply chain management, tracking, and inventory adjustment. Learn how to calculate inventory turnover, days on hand, pricing strategies, COGS, and more. This course is essential for anyone looking to master optical inventory management.
Learning Objectives:
Upon conclusion of this activity, attendees will be able to:
Calculate optical frame inventory turnover
Describe planogram, sell off the board, consignment and just-in-time inventory, and decrementing and incrementing inventory