by Jon Schreibfeder | Sep 19, 2012 | Forecasting
Promotions are designed to increase sales of particular products over a short period of time. In order for predictions of future demand to be as accurate as possible, it is important both to include the anticipated effects of a particular promotion in calculating a...
by Jon Schreibfeder | Sep 19, 2012 | General
Current economic conditions have caused many distributors to experience a decrease in sales and lower profit margins. There is less money available to invest in inventory. But in order to remain competitive, distributors must maintain a high level of customer service....
by Jon Schreibfeder | Sep 19, 2012 | Purchasing
Many vendors offer larger discounts when you buy more of their products. But how do you know whether these offers are really good deals? This month we will show you a quick and easy way to decide whether or not to take advantage of a price break. In our example the...
by Jon Schreibfeder | Sep 19, 2012 | Analysis
In this column we will try to answer common questions faced by companies and organizations trying to achieve effective inventory management. If you would like to submit a question, please email it to [email protected]. If we use your question, you will...
by Jon Schreibfeder | Sep 19, 2012 | General
Most companies want to achieve the goal of effective inventory management: “Effective Inventory Management allows a company to meet or exceed customers’ expectations of product availability with the amount of each item that will maximize net profits or...
