by Jon Schreibfeder | Dec 15, 2023 | Best Practices, Forecasting, Technology
Applying “Collaborative Information” to Your Forecast By Jon & Matt Schreibfeder Most demand planning systems base their forecasts of future sales on past usage history. This is known as “time series forecasting”. The idea is that what you sold in the past is a...
by Jon Schreibfeder | Nov 15, 2023 | Analysis, Best Practices, Replenishment Parameters, Stocking Decisions
Don’t Let Your Inventory Become a “Blob” By Jon and Matt Schreibfeder Many organizations ask for our help because their inventory is out of control. Like the title character inthe 1950’s science fiction movie “The Blob”, material in their warehouse increases at...
by Jon Schreibfeder | Oct 15, 2023 | Best Practices, Forecasting, Purchasing, Warehousing
Planned Excess: How to Manage ItBy Jon and Matt Schreibfeder Last month, we discussed the advantages of utilizing the economic order quantity (EOQ) when determining how much of a product to buy from a vendor. Properly used, the EOQ will minimize your total cost of...
by Jon Schreibfeder | Sep 15, 2023 | Best Practices, Forecasting, Order Cycles, Purchasing, Replenishment Parameters, Stocking Decisions, Uncategorized
Optimizing Forced Inventory Reduction – Part #3By Jon and Matt Schreibfeder Over the last several months we have been discussing how to prepare for a downturn in business.Recent reports in the financial press predict a possible upcoming recession. It is imperative...
by Jon Schreibfeder | Jul 15, 2023 | Best Practices, Forecasting, Order Cycles, Purchasing, Stocking Decisions
Minimizing the Negative Effects of a Forced Inventory ReductionBy Jon and Matt Schreibfeder When there is a downturn in sales, or your organization faces unexpected expenses, managementoften dictates a reduction in inventory. The challenge for the operations and...
