by Jon Schreibfeder | Jul 1, 2010 | Analysis
How hard is the money you have invested working for you? You’ve probably been asked that question several times by stock brokers or “investment counselors.” No, I’m not going to try to sell you mutual funds. This article isn’t about how you are managing...
by Jon Schreibfeder | May 1, 2010 | Stocking Decisions
Today, most companies that distribute products are adding more new products to inventory than every before. Not only do these new items allow distributors to meet their customers changing needs, they also present the opportunity to penetrate new markets. Adding new...
by Jon Schreibfeder | May 1, 2006 | Analysis
Your warehouse is probably filled with repair parts for the equipment you’ve sold. What profit do you make when you sell a part? Well, if you ask a salesman he may say, “That’s easy, we average a 25% gross margin on all of the parts we sell!” But does your...
by Jon Schreibfeder | Apr 1, 2006 | Vendor Managed Inventory
A customer agrees to give you all of his business. All you have to do is maintain an adequate inventory of the products he uses at his facility. What a deal!!!! Large, frequent orders from a customer. No one “nickel and diming” you to death. Wouldn’t any...
by Jon Schreibfeder | May 1, 2005 | General
Returns are a problem for many organizations. Often returns are dumped in a pile to be “sorted out when time permits.” Dust and dirt cover this material as workers have more important tasks to perform. During a physical inventory or warehouse cleanup, the...