by Jon Schreibfeder | May 17, 2019 | Best Practices, Replenishment Parameters
Monitoring Unusual Lead Times The anticipated lead time is the length of time (usually expressed in days) it will take to replenish the inventory of a stocked item. Last month, we advised you to manually maintain anticipated lead times based on the longest normally...
by Jon Schreibfeder | Apr 16, 2019 | Best Practices, Replenishment Parameters
In order to meet or exceed your customer service goals, you must reorder a product when you have enough left in your warehouse to meet customer demand during the time it takes you to obtain a replenishment shipment. For example, if you sell 2 pieces per day, and it...
by Jon Schreibfeder | Mar 15, 2019 | Best Practices
If one of your warehouse employees walks past an item lying in the middle of a warehouse aisle, or out of place on a shelf, do they pick it up and put it in its proper location? Do they pretend not to see it? Do they feel they are too busy to deal with it? Do they...
by Jon Schreibfeder | Feb 15, 2019 | Stocking Decisions, Warehousing
Organizations with multiple stores or warehouses must assign an authorized replenishment path or “ARP” to every product stocked in each location. The ARP specifies the primary source of replenishment for each item on that branch’s approved stock list: Is it purchased...
by Jon Schreibfeder | Jan 15, 2019 | Best Practices, Stocking Decisions, Warehousing
In deciding what products to stock, remember the goal of effective inventory management: “Effective inventory management enables an organization to meet or exceed customers’ expectations of product availability with the amount of each item that will maximize net...
