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Minimizing the Negative Effects of Forced Inventory Reduction – Part #2

by Jon Schreibfeder | Aug 15, 2023 | Best Practices, Forecasting, Order Cycles, Purchasing, Replenishment Parameters

Minimizing the Negative Effects of Forced Inventory Reduction – Part #2By Jon and Matt Schreibfeder The time to issue a replenishment order when you have enough inventory left in stock to satisfy customer demand during the lead time. If you forecast that you will sell...

Minimizing the Negative Effects of a Forced Inventory Reduction – Part 1

by Jon Schreibfeder | Jul 15, 2023 | Best Practices, Forecasting, Order Cycles, Purchasing, Stocking Decisions

Minimizing the Negative Effects of a Forced Inventory ReductionBy Jon and Matt Schreibfeder When there is a downturn in sales, or your organization faces unexpected expenses, managementoften dictates a reduction in inventory. The challenge for the operations and...

When are You Really Out of Stock?

by Jon Schreibfeder | Jun 15, 2023 | Best Practices, Order Cycles, Physical Inventory – Cycle Counting, Replenishment Parameters, Stocking Decisions

When are You Really Out of Stock? By Matt and Jon Schreibfeder A frustrated distributor contacted us last week. Salespeople were receiving complaints from customers that a lot of products they needed were out of stock. Yet the distributor’s computer software showed...

Set Minimum and Maximum Stock Quantities Properly (Part 2)

by Jon Schreibfeder | Apr 15, 2023 | Best Practices, Order Cycles, Physical Inventory – Cycle Counting, Stocking Decisions

Properly Setting Minimum and Maximum Stock Quantities (Part 2)By Jon and Matt Schreibfeder Note for our Readers using Epicor ERP Systems – Jon and Matt will be speaking at both the Epicor Insights Convention in Las Vegas and the Prophet 21 User Group Connect...

Set Minimum and Maximum Stock Quantities Properly (Part 1)

by Jon Schreibfeder | Mar 15, 2023 | Best Practices, Order Cycles, Physical Inventory – Cycle Counting, Stocking Decisions

Set Minimum and Maximum Stock Quantities Properly (Part 1)By Matt and Jon Schreibfeder Last week a client asked a question concerning an item where a buyer had established a minimum stocklevel of 10 pieces and a maximum stock level of sixty pieces. The item is...

When Your Target Order Requirement Is Not Practical?

by Jon Schreibfeder | Oct 15, 2022 | Best Practices, Forecasting, Order Cycles, Physical Inventory – Cycle Counting, Purchasing

When Your Target Order Requirement Is Not Practical?By Jon and Matt Schreibfeder One of the things we look forward to is answering great questions from our readers. In the next several issues of our newsletter, we will discuss some of the more interesting subjects...
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Recent Posts

  • How Well Can You Predict the Future?
  • Future Demand of Some Products Cannot be Accurately Forecast
  • Determining Whether to Buy or Transfer a Product
  • Developing and Maintaining Your Approved Stock List
  • Ensure that all Material Movement is Properly Recorded

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