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Techniques for Managing Inventory to Maximize Cash Flows

 
Ensure you are carrying the proper inventory levels to maximize profits and minimize risk.Businesses often struggle with the proper amount of inventory to carry in order to maximize profits. Holding too much inventory results in overspending on carrying and overhead costs while holding too little inventory results in unhappy customers and, eventually, lost sales. This topic helps the personnel responsible for inventory and cash flow management determine the optimal amount of inventory to carry. The topic also helps the participant understand the impact inventory levels have on cash flows by providing various cash flow scenarios. Excess inventory levels and inventory shortages are equally common mistakes small businesses make. This topic is critical for businesses to ensure it is carrying the proper inventory levels.

Faculty

Anthony DeJesus, CPA

Anthony DeJesus, CPA

Citrin Cooperman

Agenda

Faculty

Anthony DeJesus, CPA

Anthony DeJesus, CPA

Citrin Cooperman

  • Partner at Citrin Cooperman with over 20 years of experience providing an array of accounting, audit and business consulting services
  • Practice areas include real estate, not-for-profit, and manufacturing and distribution industries
  • Member of the firm’s Real Estate practice and also a member of the firm’s Quality Control department
  • Written articles on the topics of inventory management and cash flow and inventory controls; his articles have appeared in the Westchester County Business Journal and the Fairfield County Business Journal
  • An adjunct accounting professor at Mercy College in Westchester County, NY; also conducts internal seminars on soft skill development including personal productivity and performance management
  • Member of the American Institute of Certified Public Accountants (AICPA)
  • Certified Public Accountant in the State of New York
  • Master's degree in accounting, Pace University

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