by Jon Schreibfeder | Feb 15, 2026 | Best Practices, Order Cycles, Physical Inventory – Cycle Counting, Purchasing, Stocking Decisions, Warehousing
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 your net profits.” Last month we began a discussion about removing unneeded,...
by Jon Schreibfeder | Jan 15, 2025 | Best Practices, Forecasting, Order Cycles, Replenishment Parameters, Stocking Decisions, Warehousing
Developing and Maintaining Your Approved Stock ListBy Jon and Matt Schreibfeder The goal of effective inventory management is to “meet or exceed customers’ expectations of product availability while maximizing your organization’s net profit or minimizing your total...
by Jon Schreibfeder | Jun 15, 2024 | Best Practices, Replenishment Parameters, Stocking Decisions, Warehousing
What is a Stocked Item?By Jon and Matt Schreibfeder The goal of effective inventory management is “to meet or exceed your customers’ expectations of product availability with the amount of each item that will maximize net profits”. We refer to the assortment of...
by Jon Schreibfeder | Feb 15, 2024 | Best Practices, Physical Inventory – Cycle Counting, Purchasing, Stocking Decisions, Warehousing
Inventory Accuracy is Critical to Your SuccessBy Jon and Matt Schreibfeder We are working with a new client whose management is frustrated. The quantities of products on the shelf in their warehouse do not agree with the on-hand quantities in their computer system. As...
by Jon Schreibfeder | Oct 15, 2023 | Best Practices, Forecasting, Purchasing, Warehousing
Planned Excess: How to Manage ItBy Jon and Matt Schreibfeder Last month, we discussed the advantages of utilizing the economic order quantity (EOQ) when determining how much of a product to buy from a vendor. Properly used, the EOQ will minimize your total cost of...
by Jon Schreibfeder | Apr 7, 2022 | Analysis, Best Practices, Consulting, Forecasting, Purchasing, Replenishment Parameters, Replenishment Source, Stocking Decisions, Warehousing
Developing Stocking Rules – Part 2 By Jon Schreibfeder Last month we began a discussion of determining what products you should keep in stock. As we said in that article, when you decide to stock a product, you are making a commitment. A commitment to maintain a...
