by Jon Schreibfeder | May 2, 2001 | Stocking Decisions
You want to stock the products that your customers request most often in your warehouse(s). But what about products with sporadic sales, or no sales at all? A recent article (not by this author) suggested that you should discontinue and liquidate the stock of any...
by Jon Schreibfeder | May 1, 2001 | Stocking Decisions
Purchased inventory is a “sunk” cost. You’ve paid for it. No matter what it’s worth now, your money’s still gone. Compare it to shares of stock you may purchase in a company. The securities have “paper” value, but no real monetary value until...
by Jon Schreibfeder | May 5, 1999 | Stocking Decisions
The Inventory Actuarial Table Most distributors carefully consider each new purchase of capital equipment. Every truck, desk, and computer purchased must have the potential for increasing profitability of the company. After all, money doesn’t grow on trees, and...
