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...
by Jon Schreibfeder | Jan 15, 2014 | General
There has been a lot of discussion this month on the deficiencies of the ObamaCare website, HealthCare.gov. Its performance doesn’t match the promises made before the site was launched. The results: frustration and a lot of finger pointing. But take a moment and...
by Jon Schreibfeder | Aug 15, 2013 | General
I literally grew up in a family-owned industrial distribution business. My dad (Norman) was a great guy and a fantastic salesman (in the best sense of the word). He was always in motion and wasn’t happy unless everyone else was as well. There was constant noise and...
by Jon Schreibfeder | Oct 15, 2012 | General
Last week management at JC Penny stated that within the near future RFID (radio frequency identification) bar code labels will be attached to all of their merchandise in all of their stores. These “intelligent” labels will allow a store to track the exact location of...
by Jon Schreibfeder | Sep 19, 2012 | General
A participant in one of our October workshops was frustrated. “Management wants me to reduce inventory by 25% and I have no idea how to do it.” I asked how they came up with this figure and he responded, “I don’t know.” Without direction...
