by Jon Schreibfeder | Jun 15, 2023 | Best Practices, Order Cycles, Physical Inventory – Cycle Counting, Replenishment Parameters, Stocking Decisions
When are You Really Out of Stock? By Matt and Jon Schreibfeder A frustrated distributor contacted us last week. Salespeople were receiving complaints from customers that a lot of products they needed were out of stock. Yet the distributor’s computer software showed...
by Jon Schreibfeder | Dec 15, 2022 | Best Practices, Replenishment Parameters, Stocking Decisions
Why Is My Inventory Still Bloated? Part IIBy Jon and Matt Schreibfeder Occasionally, even after we set optimum replenishment parameters, a client may still find themselveswith a bloated inventory. The second common reason why this frustrating situation occurs is...
by Jon Schreibfeder | Nov 15, 2022 | Best Practices, Replenishment Parameters, Stocking Decisions
Why Is My Inventory Still Bloated? Part IBy Jon and Matt Schreibfeder We work with many clients setting the replenishment parameters for stocked items to achieve the goal of effective inventory management. That is, to meet or exceed their customers’ expectations of...
by Jon Schreibfeder | Aug 10, 2022 | Analysis, Best Practices, Consulting, General, Replenishment Parameters, Stocking Decisions
Is Your Company Making Money? By Jon and Matt Schreibfeder Last month we discussed a profitability metric known as the “adjusted margin”. It is calculated with the formula: [Annual Gross Profit $ – (Average Inventory Investment * Annual Inventory “K...
by Jon Schreibfeder | Jul 6, 2022 | Analysis, Best Practices, Forecasting, Purchasing, Replenishment Parameters, Stocking Decisions
Measuring Profitability By Matt and Jon Schreibfeder Besides customer service (i.e, having those quantities of stocked items available, when customers want them), EIM considers profitability to be the most important metric available to our clients. If your...
by Jon Schreibfeder | Jun 6, 2022 | Analysis, Best Practices, Consulting, Replenishment Parameters, Stocking Decisions, Technology
Meaningful Product Classification By Jon and Matt Schreibfeder Last month we discussed ranking products. That is, the process of classifying products so that you can identify those items that contribute most to your success. To fully evaluate inventory...
