by Jon Schreibfeder | Jun 10, 2019 | Best Practices, Forecasting, Order Cycles, Replenishment Parameters, Replenishment Source, Stocking Decisions
Protecting Customer Service – Part 1 Over the last several months, we have been discussing when to order products in order to meet your customers’ expectations of product availability. We have explored various methods for calculating accurate forecasts and...
by Jon Schreibfeder | May 15, 2016 | Order Cycles
Last month we discussed calculating the order cycle (also commonly known as the review cycle). That is, how often you should place replenishment orders with a vendor. Another way of defining it is how often you sell or use enough of a particular vendor’s products to...
by Jon Schreibfeder | Jun 15, 2015 | Order Cycles
The order cycle (also commonly known as a review cycle) is the length of time (usually expressed in days) between the issuance of target replenishment orders to the primary supplier of a product. The target order represents your vendor’s purchase requirement...
by Jon Schreibfeder | May 15, 2015 | Order Cycles
In order to avoid stock outs, you must reorder products when you still have enough stock remaining in inventory to satisfy customer demand during the anticipated lead time. You also might want to keep some safety stock just in case you sell more than you forecast or...
