by Jon Schreibfeder | Feb 15, 2019 | Stocking Decisions, Warehousing
Organizations with multiple stores or warehouses must assign an authorized replenishment path or “ARP” to every product stocked in each location. The ARP specifies the primary source of replenishment for each item on that branch’s approved stock list: Is it purchased...
by Jon Schreibfeder | Jan 15, 2019 | Best Practices, Stocking Decisions, Warehousing
In deciding what products to stock, remember the goal of effective inventory management: “Effective inventory management enables an organization to meet or exceed customers’ expectations of product availability with the amount of each item that will maximize net...
by Jon Schreibfeder | Dec 16, 2018 | General
Every week I get at least one phone call or email asking “How do I get started on achieving effective inventory management?” That is, to meet or exceed your customers’ expectations of product availability with the amount of each stocked item that will maximize...
by Jon Schreibfeder | Nov 15, 2018 | Technology, Warehousing
New technology will add to your capital equipment investment and other expenses. But, will it reduce your total labor expense? If it does your total warehouse operating cost may be lower. If the new technology provides additional capacity or reduces your errors, it...
by Jon Schreibfeder | Oct 15, 2018 | Physical Inventory – Cycle Counting, Technology
Over the past three months, we have discussed the advantages of implementing warehouse management systems. This month we will explore how a WMS (warehouse management system) can help maintain an accurate inventory. It is critical that the quantities of an item in a...