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Don’t Let Your Inventory Become a “Blob”

by Jon Schreibfeder | Nov 15, 2023 | Analysis, Best Practices, Replenishment Parameters, Stocking Decisions

Don’t Let Your Inventory Become a “Blob” By Jon and Matt Schreibfeder   Many organizations ask for our help because their inventory is out of control. Like the title character inthe 1950’s science fiction movie “The Blob”, material in their warehouse increases at...

Planned Excess: How to Manage It

by Jon Schreibfeder | Oct 15, 2023 | Best Practices, Forecasting, Purchasing, Warehousing

Planned Excess: How to Manage ItBy Jon and Matt Schreibfeder Last month, we discussed the advantages of utilizing the economic order quantity (EOQ) when determining how much of a product to buy from a vendor. Properly used, the EOQ will minimize your total cost of...

Optimizing Forced Inventory Reduction – Part #3

by Jon Schreibfeder | Sep 15, 2023 | Best Practices, Forecasting, Order Cycles, Purchasing, Replenishment Parameters, Stocking Decisions, Uncategorized

Optimizing Forced Inventory Reduction – Part #3By Jon and Matt Schreibfeder Over the last several months we have been discussing how to prepare for a downturn in business.Recent reports in the financial press predict a possible upcoming recession. It is imperative...

Minimizing the Negative Effects of Forced Inventory Reduction – Part #2

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...

Minimizing the Negative Effects of a Forced Inventory Reduction – Part 1

by Jon Schreibfeder | Jul 15, 2023 | Best Practices, Forecasting, Order Cycles, Purchasing, Stocking Decisions

Minimizing the Negative Effects of a Forced Inventory ReductionBy Jon and Matt Schreibfeder When there is a downturn in sales, or your organization faces unexpected expenses, managementoften dictates a reduction in inventory. The challenge for the operations and...

When are You Really Out of Stock?

by Jon Schreibfeder | Jun 15, 2023 | Best Practices, Order Cycles, Physical Inventory – Cycle Counting, Replenishment Parameters, Stocking Decisions

When are You Really Out of Stock? By Matt and Jon Schreibfeder A frustrated distributor contacted us last week. Salespeople were receiving complaints from customers that a lot of products they needed were out of stock. Yet the distributor’s computer software showed...
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