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...
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...
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. ...
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...
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. ...
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...
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...
by Jon Schreibfeder | Nov 15, 2020 | Analysis, Best Practices, Forecasting, Stocking Decisions
Managing By Exception – Part #4 Prioritize Items in your Unusual Usage Report by Jon Schreibfeder A few months back, we discussed the importance of reviewing unusual usage at the end of each month or week. That is, examining situations where your forecast of future...
by Jon Schreibfeder | Oct 1, 2020 | Analysis, Best Practices, Forecasting, Order Cycles, Replenishment Parameters, Stocking Decisions
Managing by Exception – Part #3 Monitoring Stockouts When you incur a stockout of an inventoried item, you run the risk of disappointing a customer. Unfortunately, it is inevitable that you will not be able to fulfill every request for any quantity of...
by Jon Schreibfeder | Sep 15, 2020 | Analysis, Best Practices, Forecasting, Purchasing, Replenishment Parameters, Stocking Decisions
Managing Inventory by Exception – Part #2 Interpreting Unusual Usage In the last newsletter, we discussed the importance of evaluating possible unusual usage in accurately forecasting future demand of products. In the next several newsletters, we will look at some...
