by Jon Schreibfeder | Jun 1, 2004 | Purchasing
Most computer systems provide buyers with out-of-stock reports. These are listings of stocked products with no available inventory. Because the stock-out sales orders cannot be filled, salespeople cannot provide the service their customers expect. Buyers scramble to...
by Jon Schreibfeder | Jan 2, 2000 | Purchasing
A few weeks ago a Canadian distributor emailed me with a very interesting situation: “The vendor of one of our seasonal product lines has an interesting program to encourage us to stock a lot of their products. At the end of the popular season, they give us a...
by Jon Schreibfeder | Feb 5, 1999 | Purchasing
Sometimes the cost of an item will be dependent on how much is purchased. For example, Foyt’s Racing Supplies offers the following discount schedule for the #AJ 3000 Brake Pads: Quantity Unit Cost Discount Net Unit Cost 100 10.00 5% 9.50 500 10.00 7.5%...
by Jon Schreibfeder | Feb 2, 1999 | Purchasing
Many vendors offer to pay freight charges if an order exceeds a certain minimum requirement. Many buyers are “brainwashed” into thinking that they must always place an order that meets the free-freight minimum, even if it means bringing more inventory than...
