by Jon Schreibfeder | Jan 4, 2005 | Analysis
Distributors, manufacturers, and retailers often stock thousands of products. Properly managing the physical inventory and replenishment of these items is a challenging task. While most buyers and salespeople realize that not all items are equally important to...
by Jon Schreibfeder | Jun 1, 2004 | Purchasing
Most computer systems provide buyers with out-of-stock reports. These are listings of stocked products with no available inventory. Because the stock-out sales orders cannot be filled, salespeople cannot provide the service their customers expect. Buyers scramble to...
by Jon Schreibfeder | Feb 5, 2004 | General
Lean manufacturing is helping producers throughout the world reduce inventories, lower labor costs, and increase their overall efficiencies. The same concepts embraced by lean manufacturing practitioners can help distributors achieve the goal of effective inventory...
by Jon Schreibfeder | Jan 2, 2004 | Analysis
How do you know if you have too much, too little, or just the right amount of stock inventory? One way is to compare the value of your current inventory to an “ideal inventory investment.” In this article we will discuss how to calculate the value of this...
by Jon Schreibfeder | Jan 1, 2004 | Analysis
Most distributors spend a lot of time developing sales projections and budgets for expenses. Each month these forecasts are compared to actual sales and expenses. If sales are lower, or expenses higher than what was projected, management will usually take corrective...
