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Inventory Management Insights From the Field

Jon and Matt Schreibfeder write regularly on the inventory challenges facing distributors, manufacturers, and retailers. Practical insights, no filler.

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Every Organization Is Unique, Part 5: Determining Optimal Inventory Turnover

Last month, we discussed how to properly calculate inventory turnover and the importance of viewing it as “the number of opportunities you have to earn...

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Every Organization Is Unique, Part 5: Determining Optimal Inventory Turnover

Last month, we discussed how to properly calculate inventory turnover and the importance of viewing it as “the number of opportunities you have to earn...

Every Organization is Unique Part 4 – Do You Understand Inventory Turnover?

One of the most common questions we receive is, “What is the average inventory turnover in my industry?” After some conversation, we realize that the...

Versatile reorder points and inventory planning for domestic and overseas supply replenishment.

Every Organization is Unique Part #3 – Are You Suffering from Item Confusion?

Master Items can help organizations reduce item confusion and improve inventory replenishment when standard ERP functionality does not reflect the way their business operates. There...

Inventory planner reviewing replenishment data in a warehouse to determine supplemental reorder decisions and prevent stockouts.

Every Organization is Unique, Part 2: Committed Quantities Must Be Accurate

By Matt and Jon Schreibfeder Most ERP systems maintain three perpetual quantities for each inventory item in each warehouse, storeroom, store or other storage facility:...

Inventory planner reviewing replenishment data in a warehouse to determine supplemental reorder decisions and prevent stockouts.

Every Organization is Unique, Part I: Versatile Reorder Points

Today, there are 30 major ERP systems marketed to retailers, manufacturers anddistributors. In addition, there are literally hundreds of smaller packages offered to specificmarkets and...

Why “Minimum Stock Quantity” is a Misleading Term

One of our clients sent an email last week questioning why the calculated minimum stock quantity for a product with the following characteristics was so...