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 | 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...
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...
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 | Mar 15, 2023 | Best Practices, Order Cycles, Physical Inventory – Cycle Counting, Stocking Decisions
Set Minimum and Maximum Stock Quantities Properly (Part 1)By Matt and Jon Schreibfeder Last week a client asked a question concerning an item where a buyer had established a minimum stocklevel of 10 pieces and a maximum stock level of sixty pieces. The item is...
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...
