by Jon Schreibfeder | Apr 15, 2025 | Analysis, Best Practices, Forecasting, Replenishment Parameters, Stocking Decisions, Uncategorized
How Well Can You Predict the Future?By Jon and Matt Schreibfeder The two basic questions faced by every purchasing agent and buyer are: 1)When do you replenish your inventory of a stocked item?2)When you issue a replenishment order how much do you buy? Both of these...
by Jon Schreibfeder | Mar 15, 2025 | Best Practices, Forecasting, Purchasing
Future Demand of Some Products Cannot be Accurately ForecastBy Jon Schreibfeder During the last several months, we have been exploring the 15 steps to achieving effective inventory management. This month we are going to identify and deal with stocked items whose...
by Jon Schreibfeder | Feb 15, 2025 | Best Practices, Forecasting, Replenishment Parameters, Stocking Decisions
Determining Whether to Buy or Transfer a Product By Jon and Matt Schreibfeder This month we continue our series on the 15 steps to achieving the goal of effective inventory management. That is “to meet or exceed your customers’ expectations of product availability...
by Jon Schreibfeder | Jan 15, 2025 | Best Practices, Forecasting, Order Cycles, Replenishment Parameters, Stocking Decisions, Warehousing
Developing and Maintaining Your Approved Stock ListBy Jon and Matt Schreibfeder The goal of effective inventory management is to “meet or exceed customers’ expectations of product availability while maximizing your organization’s net profit or minimizing your total...
by Jon Schreibfeder | Dec 13, 2024 | Best Practices, General
Ensure that all Material Movement is Properly RecordedBy Jon and Matt Schreibfeder This is the first in a series of 15 articles on the actions an organization must take to achieve effective inventory management. We start with the most important step, making sure all...
by Jon Schreibfeder | Nov 15, 2024 | Best Practices, General
Fifteen Steps to Achieving Effective Inventory ManagementBy Jon and Matt Schreibfeder The goal of effective inventory management is to meet or exceed your customers’ expectations of product availability with the amount of each stocked item that will maximize your...
