by Jon Schreibfeder | May 15, 2020 | Best Practices, Consulting, Forecasting, Order Cycles, Replenishment Parameters, Replenishment Source, Stocking Decisions
Inventory Management with the COVID-19 Part 4 Lead Times In the last several newsletters, we have been discussing ways to best manage your inventory while dealing with the effects of the COVID-19 virus. Topics have included adjusting forecasts and modifying safety...
by Jon Schreibfeder | Apr 15, 2020 | Analysis, Best Practices, Consulting, Forecasting
Inventory Management with the COVID-19 Pandemic – Part 2 Managing your Safety Stock Many of our clients are reporting that their overall revenues are far lower than they were before the pandemic while their expenses remain the same or have increased. They need to...
by Jon Schreibfeder | Mar 5, 2020 | Analysis, Best Practices, Consulting, Forecasting, General, Order Cycles, Purchasing
Key Metrics to Measure Inventory Management Success Turn Earn Index and GMROI If a company enjoys high gross margins, it can be successful with lower inventory turns. Many companies that sell goods being liquidated justify keeping items in their warehouse for years,...
by Jon Schreibfeder | Aug 5, 2019 | Best Practices, Consulting, Forecasting, Order Cycles, Purchasing, Replenishment Parameters, Replenishment Source, Stocking Decisions
Using Residual Inventory Analysis in Fine Tuning Your Safety Stock Quantities Over the last several months we have been discussing various ways of calculating safety stock quantities. If safety stock quantities are too low, they will not provide adequate...
