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Inventory Management Insights From the Field

Jon and Matt Schreibfeder write regularly on the inventory challenges facing distributors, manufacturers, and retailers. Practical insights, no filler.

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Versatile reorder points and inventory planning for domestic and overseas supply replenishment.

Every Organization is Unique Part #3 – Are You Suffering from Item Confusion?

Master Items can help organizations reduce item confusion and improve inventory replenishment when standard ERP functionality does not reflect the way their business operates. There...

Inventory planner reviewing replenishment data in a warehouse to determine supplemental reorder decisions and prevent stockouts.

Every Organization is Unique, Part 2: Committed Quantities Must Be Accurate

By Matt and Jon Schreibfeder Most ERP systems maintain three perpetual quantities for each inventory item in each warehouse, storeroom, store or other storage facility:...

Inventory planner reviewing replenishment data in a warehouse to determine supplemental reorder decisions and prevent stockouts.

Every Organization is Unique, Part I: Versatile Reorder Points

Today, there are 30 major ERP systems marketed to retailers, manufacturers anddistributors. In addition, there are literally hundreds of smaller packages offered to specificmarkets and...

Why “Minimum Stock Quantity” is a Misleading Term

One of our clients sent an email last week questioning why the calculated minimum stock quantity for a product with the following characteristics was so...

initial inventory analysis reviewing warehouse stock performance

Trim Your Inventory with Residual Inventory Analysis

Over the last several months, we have been discussing various ways of reducing inventory without affecting customer service. This month, we are going to explore...

It’s Time to Balance Your Inventory

Unless you own a pet store, your inventory is not alive. It does not have feelings and won’t complain about working too hard. It is...

Rational Product Rationalization

Rational Product Rationalization

Rational Product RationalizationBy Jon and Matt Schreibfeder The goal of effective inventory management is to “meet or exceed customers’ expectations of product availability while maximizing...

Removing Items from Your Approved Stock List

Removing Items from Your Approved Stock List

By Matt and Jon Schreibfeder A client sent an email last month stating that he was running out of space in their warehouse(s). His company...

The bravado of artificial intelligence

The Bravado of Artificial Intelligence

The Bravado of Artificial Intelligence By Jon and Matt Schreibfeder Companies need good software to manage their operations. Organizations can choose from literally hundreds of...

The Right Person in the Right Position

The Right Person in the Right Position

The Right Person in the Right PositionBy Jon and Matt Schreibfeder When we start to work with a new client, we often observe “inventory anarchy”....

Determining the “Best” Quantity of a Product to Buy

Determining the “Best” Quantity of a Product to BuyBy Jon and Matt Schreibfeder Over the past several months we have been reviewing the basics of...

Inventory order cycle planning dashboard with warehouse packages and timing clock for supplier replenishment decisions.

Accurate Order Cycles are Critical to Effective Inventory Management

By Jon and Matt Schreibfeder In order to avoid stockouts, you must reorder products when you still have enough stock remaining in inventory to satisfy...

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