by Jon Schreibfeder | Sep 19, 2012 | General
Current economic conditions have caused many distributors to experience a decrease in sales and lower profit margins. There is less money available to invest in inventory. But in order to remain competitive, distributors must maintain a high level of customer service....
by Jon Schreibfeder | Sep 19, 2012 | General
Most companies want to achieve the goal of effective inventory management: “Effective Inventory Management allows a company to meet or exceed customers’ expectations of product availability with the amount of each item that will maximize net profits or...
by Jon Schreibfeder | May 1, 2012 | General
Last month I discussed a “revolutionary” method of inventory management that sounded great in theory. The author promised spectacular results from abandoning age-old concepts and adapting this simple idea. Unfortunately this “simple idea”...
by Jon Schreibfeder | Apr 1, 2012 | General
I shouldn’t have my blood pressure taken after reading some of the widely distributed business periodicals. I just finished reading a newsletter where the author states that distributors should abandon forecasting future demand of products and merely continue to...
by Jon Schreibfeder | May 1, 2005 | General
Returns are a problem for many organizations. Often returns are dumped in a pile to be “sorted out when time permits.” Dust and dirt cover this material as workers have more important tasks to perform. During a physical inventory or warehouse cleanup, the...
by Jon Schreibfeder | Feb 5, 2004 | General
Lean manufacturing is helping producers throughout the world reduce inventories, lower labor costs, and increase their overall efficiencies. The same concepts embraced by lean manufacturing practitioners can help distributors achieve the goal of effective inventory...
