by Jon Schreibfeder | Apr 7, 2022 | Analysis, Best Practices, Consulting, Forecasting, Purchasing, Replenishment Parameters, Replenishment Source, Stocking Decisions, Warehousing
Developing Stocking Rules – Part 2 By Jon Schreibfeder Last month we began a discussion of determining what products you should keep in stock. As we said in that article, when you decide to stock a product, you are making a commitment. A commitment to maintain a...
by Jon Schreibfeder | Mar 8, 2022 | Analysis, Best Practices, Consulting, Forecasting, Order Cycles, Replenishment Parameters, Stocking Decisions, Warehousing
Developing Effective Policies for Stocking Products by Jon and Matt Schreibfeder The goal of effective inventory management is to “meet or exceed customers’ expectations of product availability while maximizing net profits.” This...
by Jon Schreibfeder | Dec 7, 2021 | Analysis, Best Practices, Consulting, Forecasting, General, Order Cycles, Purchasing, Replenishment Parameters, Replenishment Source, Stocking Decisions, Warehousing
EIM Effective Inventory Management, Inc. Dealing with a Chaotic Supply Chain – Part #4 Controlling Inventory Explosions Due to Extended Lead Times By Jon and Matt Schreibfeder Due to supply chain disruptions, a lot of organizations are experiencing drastically...
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,...
