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Applying “Collaborative Information” to Your Forecast

by Jon Schreibfeder | Dec 15, 2023 | Best Practices, Forecasting, Technology

Applying “Collaborative Information” to Your Forecast By Jon & Matt Schreibfeder Most demand planning systems base their forecasts of future sales on past usage history. This is known as “time series forecasting”. The idea is that what you sold in the past is a...

Meaningful Product Classifications

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...

Evaluating Warehouse Technology – Part V

by Jon Schreibfeder | Nov 15, 2018 | Technology, Warehousing

New technology will add to your capital equipment investment and other expenses. But, will it reduce your total labor expense? If it does your total warehouse operating cost may be lower. If the new technology provides additional capacity or reduces your errors, it...

Evaluating Warehouse Technology – Part IV

by Jon Schreibfeder | Oct 15, 2018 | Physical Inventory – Cycle Counting, Technology

Over the past three months, we have discussed the advantages of implementing warehouse management systems. This month we will explore how a WMS (warehouse management system) can help maintain an accurate inventory. It is critical that the quantities of an item in a...

Evaluating Warehouse Technology – Part III

by Jon Schreibfeder | Sep 15, 2018 | Technology, Warehousing

Most warehouse activity involves filling outgoing orders.  An effective WMS system has the potential to minimize time and material losses associated with order filling activities.  Features that lead to savings include:   Product Verification.  The bar code or...

Evaluating Warehouse Technology – Part II

by Jon Schreibfeder | Sep 6, 2018 | Technology, Warehousing

Last month we began a discussion of how a warehouse management system (WMS) can help improve material handling operations. In this issue of the newsletter we will continue by looking how a good WMS system can help you effectively organize product storage in your...
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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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