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...
by Jon Schreibfeder | Jun 15, 2023 | Best Practices, Order Cycles, Physical Inventory – Cycle Counting, Replenishment Parameters, Stocking Decisions
When are You Really Out of Stock? By Matt and Jon Schreibfeder A frustrated distributor contacted us last week. Salespeople were receiving complaints from customers that a lot of products they needed were out of stock. Yet the distributor’s computer software showed...
by Jon Schreibfeder | Mar 15, 2023 | Best Practices, Order Cycles, Physical Inventory – Cycle Counting, Stocking Decisions
Set Minimum and Maximum Stock Quantities Properly (Part 1)By Matt and Jon Schreibfeder Last week a client asked a question concerning an item where a buyer had established a minimum stocklevel of 10 pieces and a maximum stock level of sixty pieces. The item is...
