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...
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...
by Jon Schreibfeder | Mar 8, 2022 | Analysis, Best Practices, Consulting, Forecasting, Order Cycles, Replenishment Parameters, Stocking Decisions, Warehousing
Developing Effective Policies for Stocking Products by Jon and Matt Schreibfeder The goal of effective inventory management is to “meet or exceed customers’ expectations of product availability while maximizing net profits.” This...
by Jon Schreibfeder | Feb 9, 2022 | Analysis, Best Practices, Forecasting, General, Order Cycles, Replenishment Parameters, Stocking Decisions
Analyzing Stockouts to Improve Customer Service by Jon Schreibfeder A “stockout” occurs when you don’t have enough inventory to fulfill a request from a customer. This customer may be “outside” your business (i.e., you are selling them products) or within your...
by Jon Schreibfeder | Dec 7, 2021 | Analysis, Best Practices, Consulting, Forecasting, General, Order Cycles, Purchasing, Replenishment Parameters, Replenishment Source, Stocking Decisions, Warehousing
EIM Effective Inventory Management, Inc. Dealing with a Chaotic Supply Chain – Part #4 Controlling Inventory Explosions Due to Extended Lead Times By Jon and Matt Schreibfeder Due to supply chain disruptions, a lot of organizations are experiencing drastically...
by Jon Schreibfeder | Nov 3, 2021 | Analysis, Best Practices, Forecasting, Order Cycles, Replenishment Parameters, Replenishment Source, Stocking Decisions, Warehousing
EIM Effective Inventory Management, Inc. Dealing with a Chaotic Supply Chain – Part #3 by Jon and Matt Schreibfeder Recent articles in business publications report that supply chain disruptions and material shortages will continue for the foreseeable future. You may...
