by Jon Schreibfeder | Mar 8, 2022 | Analysis, Best Practices, Consulting, Forecasting, Order Cycles, Replenishment Parameters, Stocking Decisions, Warehousing
Developing Effective Policies for Stocking Products by Jon and Matt Schreibfeder The goal of effective inventory management is to “meet or exceed customers’ expectations of product availability while maximizing net profits.” This...
by Jon Schreibfeder | Feb 9, 2022 | Analysis, Best Practices, Forecasting, General, Order Cycles, Replenishment Parameters, Stocking Decisions
Analyzing Stockouts to Improve Customer Service by Jon Schreibfeder A “stockout” occurs when you don’t have enough inventory to fulfill a request from a customer. This customer may be “outside” your business (i.e., you are selling them products) or within your...
by Jon Schreibfeder | Jan 5, 2022 | Analysis, Best Practices, Forecasting, Replenishment Parameters, Stocking Decisions, Warehousing
2022: New Year’s Resolutions We hope everyone had a safe and enjoyable holiday season. While you are considering New Year’s resolutions, why not add some which will lead your organization to achieve the goal of effective inventory management. That is, “to meet or...
by Jon Schreibfeder | Dec 7, 2021 | Analysis, Best Practices, Consulting, Forecasting, General, Order Cycles, Purchasing, Replenishment Parameters, Replenishment Source, Stocking Decisions, Warehousing
EIM Effective Inventory Management, Inc. Dealing with a Chaotic Supply Chain – Part #4 Controlling Inventory Explosions Due to Extended Lead Times By Jon and Matt Schreibfeder Due to supply chain disruptions, a lot of organizations are experiencing drastically...
by Jon Schreibfeder | Nov 3, 2021 | Analysis, Best Practices, Forecasting, Order Cycles, Replenishment Parameters, Replenishment Source, Stocking Decisions, Warehousing
EIM Effective Inventory Management, Inc. Dealing with a Chaotic Supply Chain – Part #3 by Jon and Matt Schreibfeder Recent articles in business publications report that supply chain disruptions and material shortages will continue for the foreseeable future. You may...
by Jon Schreibfeder | Oct 7, 2021 | Analysis, Best Practices, Forecasting, Order Cycles, Purchasing, Replenishment Parameters, Replenishment Source, Stocking Decisions, Vendor Managed Inventory
Dealing with a Chaotic Supply Chain – Part #2 By Jon Schreibfeder and Matt Schreibfeder We continue to experience disruptions in the supply chain. Material that used to be reliably available now is often hard to come by. Last month we began our discussion of...
by Jon Schreibfeder | Sep 18, 2021 | Analysis, Best Practices, Forecasting, Order Cycles, Purchasing, Replenishment Parameters, Stocking Decisions, Vendor Managed Inventory
Dealing with a Chaotic Supply Chain – Part #1 By Jon and Matt Schreibfeder Most organizations are currently experiencing unprecedented challenges in inventory planning: Vendors frequently cannot consistently deliver what they previously supplied in a timely...
by Jon Schreibfeder | Aug 5, 2021 | Analysis, Best Practices, Stocking Decisions, Warehousing
Liquidating Unwanted Inventory By Jon and Matt Schreibfeder Most companies’ warehouses are filled with two things: “stock” and “stuff”. Stock is what you need to achieve the goal of effective inventory management. That is, to meet or exceed customers’ expectations...
by Jon Schreibfeder | Jul 10, 2021 | Analysis, Best Practices, Forecasting, General, Order Cycles, Purchasing, Replenishment Parameters, Stocking Decisions
Buying Before a Vendor Price Increase By Jon and Matt Schreibfeder Over the past several months, we have been discussing replenishment related challenges in these times of erratic demand of products and disruptions in the supply chain. The disruption has caused our...
by Jon Schreibfeder | Jun 10, 2021 | Best Practices, Forecasting, Order Cycles
Avoid Over Buying During Demand Bubbles By Jon Schreibfeder Events will often spur spikes in demand for certain products. To avoid stockouts and disappointing customers, there is a tendency among buyers to purchase a large quantity of these items whenever they are...
