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The "Inventory Optimization in the Global Spare Parts Business Seminar" is designed for professionals in the mechanical and plant engineering sectors, focusing on the critical aspects of inventory management in the spare parts business. Given the industry's average profit margins of 25 percent, the seminar emphasizes the importance of effective
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inventory planning to enhance profitability and customer loyalty. Participants will learn how to ensure excellent availability of spare parts and efficiently meet response and delivery times through a global high-performance logistics system. This seminar aims to empower attendees to make informed decisions that drive success in the spare parts business.
The seminar will cover various topics essential for optimizing inventory management, including the classification of spare parts for better planning, increasing spare parts availability, and potential enhancements through specialized third-party logistics service providers (3PL). Attendees will have the unique opportunity to visit a 3PL site spanning 55,000 square meters, witnessing firsthand how global spare parts logistics operate. Expert speakers will present proven procedures, methods, tools, and best practice examples, fostering an environment for exchanging experiences among participants.
By attending, participants will gain insights into setting up structured inventory management that reduces unnecessary costs while simultaneously increasing spare parts availability. The seminar will also address strategic planning for international warehouse structures to boost global delivery performance, including key considerations for selecting locations and logistics service providers. Targeted at service and customer service managers, service managers, and employees involved in the spare parts business, the seminar is organized by VDMA e. V. and takes place at the Simon Hegele Gesellschaft für Logistik und Service mbH in Raunheim, Germany. This event provides an essential platform for networking and learning, with a focus on building effective service sales organizations in both national and international after-sales service.
The seminar will cover various topics essential for optimizing inventory management, including the classification of spare parts for better planning, increasing spare parts availability, and potential enhancements through specialized third-party logistics service providers (3PL). Attendees will have the unique opportunity to visit a 3PL site spanning 55,000 square meters, witnessing firsthand how global spare parts logistics operate. Expert speakers will present proven procedures, methods, tools, and best practice examples, fostering an environment for exchanging experiences among participants.
By attending, participants will gain insights into setting up structured inventory management that reduces unnecessary costs while simultaneously increasing spare parts availability. The seminar will also address strategic planning for international warehouse structures to boost global delivery performance, including key considerations for selecting locations and logistics service providers. Targeted at service and customer service managers, service managers, and employees involved in the spare parts business, the seminar is organized by VDMA e. V. and takes place at the Simon Hegele Gesellschaft für Logistik und Service mbH in Raunheim, Germany. This event provides an essential platform for networking and learning, with a focus on building effective service sales organizations in both national and international after-sales service.
Highlights
- Popular among visitors for
Top 100 in Logistics & Transportation in Germany
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You are heading to the event with 55 people! Who's coming with you?
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Timings09:00 AM-06:00 PM (expected)Not Verified | Entry FeesCheck Official Website |
Estimated Turnout500-1000 Delegates Based on previous editions | Event TypeConference |
EditionsSep 2025 Interested+9 more editions Frequency Bi-annual | Official LinksWebsiteContacts Report Error Claim this event |
| Different Located Editions Düsseldorf, Germany03 - 04 Nov 2020 1 Followers | |
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50.0305858.474637 Venue Map & DirectionsTejostraße 1-9, 65479 Raunheim, Germany Get Directions | |
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Venue Map & Directions
Tejostraße 1-9, 65479 Raunheim, Germany
Germany
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