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Liquidating Unwanted Inventory

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...

Buying Before a Vendor Price Increase

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...

Avoid Over Buying During Demand Bubbles

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...

Avoid Over Buying in Uncertain Times

by Jon Schreibfeder | Jun 10, 2021 | Best Practices, Purchasing

Avoid Over Buying in Uncertain Times 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...

Shortfall Replenishment

by Jon Schreibfeder | Jun 1, 2021 | Best Practices, Forecasting, General, Order Cycles

Shortfall Replenishment By Jon Schreibfeder We are finding that many of our distributors, manufacturers, and retailers are suddenly dealing with longer and unpredictable lead times for many products.  Unfortunately, the majority of computer systems are not equipped to...

Effective Warehouse Operations – Best Practices in Putting Away Material

by Jon Schreibfeder | Apr 5, 2021 | Best Practices, Replenishment Parameters, Stocking Decisions, Warehousing

Effective Warehouse Operations – Best Practices in Putting Away Material Last month, we discussed best practices in receiving material.  This month our discussion of efficient warehousing practices moves on to putting away stock after it is properly received. ...

Effective Warehouse Operations – Best Practices in Receiving

by Jon Schreibfeder | Mar 3, 2021 | Best Practices, Replenishment Parameters, Stocking Decisions, Vendor Managed Inventory

Effective Warehouse Operations – Best Practices in Receiving This month, we continue of discussion of warehousing operations by looking at best practices in receiving material.  Here are some policies and procedures we suggest you implement to ensure that your...

Effective Rules for Warehouse Operations

by Jon Schreibfeder | Jan 29, 2021 | Best Practices, General, Warehousing

Effective Rules for Warehouse Operations Over the past 41 years I have observed operations in many warehouses.  Some of these facilities were well organized and efficiently received, stored, and shipped products.  Others had substantial material handling challenges. ...

Organize Your Warehouse

by Jon Schreibfeder | Jan 9, 2021 | Best Practices, Stocking Decisions, Warehousing

Organize Your Warehouse The first step in organizing your warehouse is to assign bin locations. A bin location is a designated storage space for an item. This may be space on a shelf, a pallet location, a floor storage area, or some other place where products are...

A Quick Test for Inventory Accuracy

by Jon Schreibfeder | Dec 15, 2020 | Best Practices, Forecasting, Order Cycles, Physical Inventory – Cycle Counting, Replenishment Parameters, Stocking Decisions

A Quick Test for Inventory Accuracy By Jon Schreibfeder Recently our articles have concentrated on inventory management.  That is the planning process.  Making sure you have the right quantity, of the right item, in the right location, at the right time.  Successful...
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Recent Posts

  • How Well Can You Predict the Future?
  • Future Demand of Some Products Cannot be Accurately Forecast
  • Determining Whether to Buy or Transfer a Product
  • Developing and Maintaining Your Approved Stock List
  • Ensure that all Material Movement is Properly Recorded

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