by Jon Schreibfeder | Oct 15, 2015 | Forecasting, General
Many computer software packages today rave about their advanced forecasting and replenishment capabilities. If these systems are so good, why do so many buyers still make all of their replenishment decisions by “S.W.G.” (Scientific Wild Guessing)? We have identified...
by Jon Schreibfeder | Jan 15, 2015 | General
Last week I received a phone call from the owner of a distribution company who said he was “desperate” to improve his inventory performance. In a lengthy phone conversation, we discussed his company’s primary inventory challenges: • The quantities of products in his...
by Jon Schreibfeder | Nov 15, 2014 | General, Warehousing
Over the past several weeks, I have been working with two customers to improve the accuracy of their inventory. That is, to ensure that the on-hand quantities in their computer system agree with what is actually on the shelves in their warehouses. No matter how...
by Jon Schreibfeder | Oct 15, 2014 | General
Some months ago, I discussed some bad advice that was being promoted by some industry experts. Your response was overwhelming. Many of you described other situations in which you did not receive realistic solutions to your problems. But sometimes even bad advice can...
by Jon Schreibfeder | May 15, 2014 | General
The most important element of effective inventory management is to meet or exceed your customers’ expectations of product availability. To achieve this goal, you must depend on your vendors’ ability to reliably replenish your inventory. But your vendors aren’t always...
by Jon Schreibfeder | Apr 15, 2014 | General
Your organization utilizes people, equipment, inventory and other assets to serve customers. Almost every day these three elements work in harmony to generate profits. They may work so well that your management is lulled into a false sense of security. But what if...