by Jon Schreibfeder | Sep 15, 2025 | Best Practices, Order Cycles, Replenishment Parameters
Accurate Order Cycles are Critical to Effective Inventory ManagementBy Jon and Matt Schreibfeder In order to avoid stockouts, you must reorder products when you still have enough stock remaining in inventory to satisfy customer demand during the anticipated lead time....
by Jon Schreibfeder | Aug 15, 2025 | Best Practices, Forecasting, Purchasing, Replenishment Parameters, Stocking Decisions
Fine Tuning Your Safety Stock Quantities By Jon and Matt Schreibfeder Last month we began a discussion about determining how much safety stock (also known as safety allowance) you need to maintain for each stocked product. If safety stock quantities are too low, they...
by Jon Schreibfeder | Jul 15, 2025 | Best Practices, Forecasting, Replenishment Parameters, Stocking Decisions
How Much Safety Stock Should be Maintained in Inventory? This year we are discussing the 15 steps you can follow to achieve the goal of effective inventory management. That is, to meet or exceed customers’ expectations of product availability while maximizing net...
by Jon Schreibfeder | Jun 15, 2025 | Analysis, Best Practices, Forecasting, Order Cycles, Replenishment Parameters
Use Anticipated not Average Lead TimesBy Jon and Matt Schreibfeder In our newsletter articles this year, we are reviewing the 15 steps for achieving the goal of effective inventory management. That is, “to meet or exceed customers’ expectations of product availability...
by Jon Schreibfeder | Apr 15, 2025 | Analysis, Best Practices, Forecasting, Replenishment Parameters, Stocking Decisions, Uncategorized
How Well Can You Predict the Future?By Jon and Matt Schreibfeder The two basic questions faced by every purchasing agent and buyer are: 1)When do you replenish your inventory of a stocked item?2)When you issue a replenishment order how much do you buy? Both of these...
by Jon Schreibfeder | Feb 15, 2025 | Best Practices, Forecasting, Replenishment Parameters, Stocking Decisions
Determining Whether to Buy or Transfer a Product By Jon and Matt Schreibfeder This month we continue our series on the 15 steps to achieving the goal of effective inventory management. That is “to meet or exceed your customers’ expectations of product availability...