It’s not glamorous, but it’s costing you — millions in working capital, cluttered balance sheets, and unnecessary spend. Indirect inventory (think spare parts, maintenance stock, and materials no one quite owns) has a nasty habit of flying under the finance radar — until the write-downs start. In this candid and practical session, you’ll hear how one organisation put indirect inventory under the microscope — surfacing over $4 million in value by tackling slow movers, messy data, and duplicated parts. Along the way, they turned what looked like a warehouse problem into a finance win, with stronger reporting, cleaner audits, and real bottom-line impact. If your storerooms feel like a financial black hole — or you're tired of being told “we might need it someday” — this session gives you the insight (and the attitude) to take control. Key Takeaways - Why indirect inventory isn’t just an operational nuisance — it’s a finance opportunity - How slow and obsolete stock chips away at working capital and financial transparency - What finance teams can audit right now to identify cost-saving opportunities - How to align finance, maintenance, and procurement around shared accountability - Real-world lessons from an organisation that saved millions by getting serious about stock
