Supply Chain Café: The Hidden Costs of Uncontrolled Field Inventory
Supply Chain Café: The Hidden Costs of Uncontrolled Field Inventory
Supply Chain Café by PICS Belgium
Supply Chain Café by PICS Belgium is an initiative of PICS Belgium supported by ABCAL, oriented to members and domain experts, with the goal to distribute knowhow discussing amongst peers. The PICS Supply chain Cafés are 1 hour’s interactive lunch sessions, where an industry expert is invited to present a supply chain topic in 20 minutes, followed by a lively debate among all participants.
The Hidden Costs of Uncontrolled Field Inventory
Join us at the Supply Chain Café for an actionable session led by André Huynen, Head of Sales & Marketing and Vishal Punamiya, CEO & Founder of Ventory!
Field inventory management can often be overlooked, but its inefficiencies can silently drain your resources. In this Supply Chain Café, we will uncover the hidden costs associated with uncontrolled field inventory, including lost sales opportunities, wasted time, and excess operational expenses. We’ll explore how inaccurate stock levels, poor visibility, and lack of real-time tracking can lead to costly mistakes.
Join us as we discuss practical strategies, tools, and best practices to optimize field inventory management, improve efficiency, and ultimately reduce costs. Whether you’re in logistics, sales, or operations, this session will provide valuable insights on how to regain control and boost your bottom line.
Two client cases, Elteros and RNWBL, will illustrate the importance of regaining control over these hidden costs and how they were able to improve their operations by addressing these challenges.
Key Takeaways:
- Understand the hidden costs of poor field inventory management
- Discover solutions for real-time tracking and accuracy
- Learn best practices for optimizing inventory flow and reducing waste
- See how technology can help streamline your operations and cut costs
Speakers:
- André Huynen is an experienced professional with over 20 years in sales, marketing, and business development across various sectors, particularly in the IT industry. He currently serves as the Head of Sales & Marketing at Ventory, focusing on optimizing inventory management solutions for businesses. Previously, he held leadership roles at Microsoft Belux, HP, VeriPark, Awingu, and Ingram Micro, where he developed strategic partnerships, managed global channel activities, and led marketing teams. André’s background also includes consulting for SMBs at Business Boost and founding innovative tech solutions like Sports Online. His experience spans across both the IT and business sectors, where he has played a pivotal role in digital transformation and growth initiatives.
- Vishal Punamiya is a dynamic leader with over 13 years of experience in logistics and supply chain management. He is the CEO and founder of Ventory, a company he launched in 2021, with a mission to streamline inventory management anywhere, at any time, through the innovative Ventory Platform. Before Ventory, Vishal co-founded Sitemark in 2016, an aerial data analytics company that expanded its operations across 75+ countries and was successfully exited in 2021. He also held the position of CIO for Europe at Panalpina, where he led regional IT and engineering initiatives until the company was acquired by DSV in 2019. As Global Head of Customer Solutions at DHL, Vishal managed the deployment of internal warehouse management systems (WMS) for hi-tech, MedTech, and aerospace customers across 53+ countries. Earlier in his career, he worked as an analyst at Envirotainer, focusing on container management, optimization, and market expansion.
