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Dealing with a Chaotic Supply Chain – Part #1

by Jon Schreibfeder | Sep 18, 2021 | Analysis, Best Practices, Forecasting, Order Cycles, Purchasing, Replenishment Parameters, Stocking Decisions, Vendor Managed Inventory

Dealing with a Chaotic Supply Chain – Part #1 By Jon and Matt Schreibfeder   Most organizations are currently experiencing unprecedented challenges in  inventory planning: Vendors frequently cannot consistently deliver what they previously supplied in a timely...

Buying Before a Vendor Price Increase

by Jon Schreibfeder | Jul 10, 2021 | Analysis, Best Practices, Forecasting, General, Order Cycles, Purchasing, Replenishment Parameters, Stocking Decisions

Buying Before a Vendor Price Increase By Jon and Matt Schreibfeder Over the past several months, we have been discussing replenishment related challenges in these times of erratic demand of products and disruptions in the supply chain.  The disruption has caused our...

Avoid Over Buying in Uncertain Times

by Jon Schreibfeder | Jun 10, 2021 | Best Practices, Purchasing

Avoid Over Buying in Uncertain Times By Jon Schreibfeder Events will often spur spikes in demand for certain products.  To avoid stockouts and disappointing customers, there is a tendency among buyers to purchase a large quantity of these items whenever they are...

Managing Inventory by Exception – Part #2

by Jon Schreibfeder | Sep 15, 2020 | Analysis, Best Practices, Forecasting, Purchasing, Replenishment Parameters, Stocking Decisions

Managing Inventory by Exception – Part #2 Interpreting Unusual Usage In the last newsletter, we discussed the importance of evaluating possible unusual usage in accurately forecasting future demand of products. In the next several newsletters, we will look at some...

Managing by Exception – Part One

by Jon Schreibfeder | Sep 1, 2020 | Analysis, Best Practices, Forecasting, Order Cycles, Purchasing, Replenishment Parameters, Stocking Decisions

Managing by Exception – Part One By Jon Schreibfeder We’ll begin by examining unusual sales or usage.  A forecast is a prediction of the quantity of a product that will be sold or used in an upcoming week or month.  Accurate forecasts are critical to achieving...

Inventory Management with COVID-19, Part 10

by Jon Schreibfeder | Aug 18, 2020 | Analysis, Best Practices, Forecasting, Order Cycles, Purchasing, Replenishment Parameters, Stocking Decisions, Warehousing

COVID-19 Newsletter #10 Assess Viability of New Products Before They Enter Your Warehouse By Jon Schreibfeder New products are continually being introduced to the marketplace.  Unfortunately, many of these new items are “D.O.A.” or dead on arrival.  That is, you do...
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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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