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Use Anticipated not Average Lead Times

by Jon Schreibfeder | Jun 15, 2025 | Analysis, Best Practices, Forecasting, Order Cycles, Replenishment Parameters

Use Anticipated not Average Lead TimesBy Jon and Matt Schreibfeder In our newsletter articles this year, we are reviewing the 15 steps for achieving the goal of effective inventory management. That is, “to meet or exceed customers’ expectations of product availability...

Developing and Maintaining Your Approved Stock List

by Jon Schreibfeder | Jan 15, 2025 | Best Practices, Forecasting, Order Cycles, Replenishment Parameters, Stocking Decisions, Warehousing

Developing and Maintaining Your Approved Stock ListBy Jon and Matt Schreibfeder The goal of effective inventory management is to “meet or exceed customers’ expectations of product availability while maximizing your organization’s net profit or minimizing your total...

Understanding How You Rank Products

by Jon Schreibfeder | Oct 15, 2024 | Best Practices, Forecasting, Order Cycles, Stocking Decisions

Understanding How You Rank ProductsBy Matt and Jon Schreibfeder Ranking is the process of classifying your products. We just received an email from a distributor asking what percentage of their inventory dollars should be invested in “A” ranked products? They were...

Thresholds and Ceilings – Mod 1

by Jon Schreibfeder | Jul 15, 2024 | Best Practices, Forecasting, Order Cycles, Replenishment Parameters, Stocking Decisions

Thresholds and CeilingsBy Matt and Jon Schreibfeder Most ERP and forecasting/replenishment systems calculate replenishment parameters for every stocked item in each warehouse, store or other stocking location. That is, they suggest when to reorder products and how...

How Much of a New Product Do You Buy?

by Jon Schreibfeder | May 15, 2024 | Best Practices, Forecasting, Order Cycles, Replenishment Parameters

How Much of a New Product Do You Buy?By Jon and Matt Schreibfeder Last month we introduced a new product questionnaire to help you effectively control the process ofadding items to your stock list. This month we will explain how to effectively decide the actual...

Don’t Round Your Replenishment Parameters – Mod 1

by Jon Schreibfeder | Mar 15, 2024 | Best Practices, Order Cycles, Physical Inventory – Cycle Counting, Replenishment Parameters, Stocking Decisions

Don’t Round Your Replenishment ParametersBy Jon and Matt Schreibfeder We were reviewing replenishment parameters for several inventory items with a client this week. We ran across an item where a buyer had established a minimum stock level of 10 pieces and a maximum...
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Recent Posts

  • Use Anticipated not Average Lead Times
  • Reducing Waste with Smart Inventory Optimization Techniques
  • Inventory Control Methods That Drive Operational Excellence
  • Making the Best of the Current Environment – Living with Tariffs
  • How Well Can You Predict the Future?

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