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Is Your Company Making Money – Part 2

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...

Is Your Company Making Money?

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...

Item Rank and Profitability

by Jon Schreibfeder | Jul 6, 2022 | Analysis, Best Practices, Forecasting, Purchasing, Replenishment Parameters, Stocking Decisions

Measuring Profitability By Matt and Jon Schreibfeder   Besides customer service (i.e, having those quantities of stocked items available, when customers want them), EIM considers profitability to be the most important metric available to our clients.  If your...

Meaningful Product Classifications

by Jon Schreibfeder | Jun 6, 2022 | Analysis, Best Practices, Consulting, Replenishment Parameters, Stocking Decisions, Technology

Meaningful Product Classification By Jon and Matt Schreibfeder   Last month we discussed ranking products.  That is, the process of classifying products so that you can identify those items that contribute most to your success.  To fully evaluate inventory...

A Problem with Ranking Products

by Jon Schreibfeder | May 10, 2022 | Analysis, Best Practices, Consulting, Forecasting, General, Replenishment Parameters, Stocking Decisions

A Problem with Ranking Products by Jon and Matt Schreibfeder Most organizations want to focus their attention on the products in their inventory that contribute most to their success.  One way to do this is by ranking products.  Ranking is the process of classifying...
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Recent Posts

  • Why Is My Inventory Still Bloated? – Part I
  • When Your Target Order Requirement Is Not Practical?
  • Is Your Company Making Money – Part 2
  • Is Your Company Making Money?
  • Item Rank and Profitability

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