by Jon Schreibfeder | Aug 15, 2023 | Best Practices, Forecasting, Order Cycles, Purchasing, Replenishment Parameters
Minimizing the Negative Effects of Forced Inventory Reduction – Part #2By Jon and Matt Schreibfeder The time to issue a replenishment order when you have enough inventory left in stock to satisfy customer demand during the lead time. If you forecast that you will sell...
by Jon Schreibfeder | Apr 15, 2023 | Best Practices, Order Cycles, Physical Inventory – Cycle Counting, Stocking Decisions
Properly Setting Minimum and Maximum Stock Quantities (Part 2)By Jon and Matt Schreibfeder Note for our Readers using Epicor ERP Systems – Jon and Matt will be speaking at both the Epicor Insights Convention in Las Vegas and the Prophet 21 User Group Connect...
by Jon Schreibfeder | Dec 15, 2022 | Best Practices, Replenishment Parameters, Stocking Decisions
Why Is My Inventory Still Bloated? Part IIBy Jon and Matt Schreibfeder Occasionally, even after we set optimum replenishment parameters, a client may still find themselveswith a bloated inventory. The second common reason why this frustrating situation occurs is...
by Jon Schreibfeder | Sep 15, 2022 | Best Practices, Physical Inventory – Cycle Counting, Purchasing, Stocking Decisions
Is Your Company Making Money? – Part 2By Jon and Matt Schreibfeder For the past several months, we have been discussing profitability. Our goal is to ensure that every product you stock is either profitable or leads to other profitable sales. In the first...
by Jon Schreibfeder | Aug 10, 2022 | Analysis, Best Practices, Consulting, General, Replenishment Parameters, Stocking Decisions
Is Your Company Making Money? By Jon and Matt Schreibfeder Last month we discussed a profitability metric known as the “adjusted margin”. It is calculated with the formula: [Annual Gross Profit $ – (Average Inventory Investment * Annual Inventory “K...
