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Set Minimum and Maximum Stock Quantities Properly (Part 2)

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...

Why Is My Inventory Still Bloated? – Part II

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...

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...
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Recent Posts

  • Set Minimum and Maximum Stock Quantities Properly (Part 2)
  • Set Minimum and Maximum Stock Quantities Properly (Part 1)
  • Why Is My Inventory Still Bloated? – Part II
  • Why Is My Inventory Still Bloated? – Part I
  • When Your Target Order Requirement Is Not Practical?

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