by Jon Schreibfeder | May 15, 2018 | Best Practices, Warehousing
Your policies and procedures must be enforced in order for you to achieve effective inventory management. Often companies will promote the warehouse employee who knows most about your inventory to the position of warehouse manager. Unfortunately, unless this person is...
by Jon Schreibfeder | Apr 15, 2018 | Best Practices, General, Warehousing
If one of your warehouse employees walks past an item lying in the middle of a warehouse aisle, do they pick it up and put it in its proper location? Do they pretend not to see it? Do they feel they are too busy to deal with it? Do they kick it out of the way? The...
by Jon Schreibfeder | Mar 15, 2018 | Stocking Decisions
Last month we began a discussion of ranking your inventory using three different criteria: Frequency of sale or use (i.e. the number of times the product is requested regardless of the actual quantity requested) Profitability (i.e., annual gross profit dollars)...
by Jon Schreibfeder | Feb 15, 2018 | Stocking Decisions
When I talk to a client, they often refer to their “A” items. That is, those items that are most important to have available for immediate delivery or use. When I ask them how they identify “A” items, the most common response is total cost of goods sold recorded over...
by Jon Schreibfeder | Jan 15, 2018 | General
It’s 2018. Make this the year your organization achieves the goal of 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 your organization’s...
