by Jon Schreibfeder | Jul 1, 2003 | Physical Inventory – Cycle Counting
Cycle counting is the process of verifying the on-hand quantity of a specific number of stock products every day. In previous articles, I have described how to set up and maintain an effective cycle counting program and why this process is usually better than a full...
by Jon Schreibfeder | Mar 5, 2003 | Forecasting
“What you sold or used in the past is usually a good indication of what you will sell or use in the future”. This is one of the basic “truths” of forecasting future demand of stocked items. In our last article, “Why Weekly Forecasting...
by Jon Schreibfeder | Mar 1, 2003 | Forecasting
Recently I received a call from a distributor who had a dilemma. They were running out of a particular popular product every month. The buyer’s frustration vibrated through the phone line as I spoke to her. She explained, “We’re doing a pretty good...
by Jon Schreibfeder | Sep 2, 2002 | General
Most of the articles on our website involve inventory that is either assembled or stocked for resale to other companies or organizations. In recent months we’ve received a lot of inquiries about managing products that are going to be consumed internally by an...
by Jon Schreibfeder | Jul 1, 2002 | Replenishment Parameters
When the stock level of an item falls below the minimum quantity, it is time to reorder the product, right? But we’ve found some instances where it is difficult to maintain accurate stock levels because it is impractical to record each individual material...
