Inventory Management Consulting Services

Inventory Management Consulting by Jon and Matt Schreibfeder

Most inventory management consulting organizations aim to serve customers with the highest degree of satisfaction while simultaneously maximizing inventory profitability. Easier said than done!

At Effective Inventory Management (EIM), our consultants, Jon and Matt Schreibfeder, have brought over four decades of proven success, using comprehensive analysis procedures and customized, proprietary tools to maximize the productivity and profitability of your inventory investment. With extensive experience across industries and business sizes from small local distributors to global manufacturers and retailers, EIM delivers practical, customized solutions to help businesses excel at inventory management optimization and can offer advice to improve net profits.

Inventory Management Consulting Details & Options

Our inventory management consulting services are designed to address your organization’s unique needs and challenges. Key offerings include:

• Current Inventory Situation Analysis: Understand what’s working, what needs attention and the potential performance of your investment in inventory.
• Operations Analysis and Plan Development: Build actionable strategies that align with your organization’s unique business situation, environment and goals.
• Customized Programs to Address Specific Challenges: Tailored initiatives for everything from forecasting sporadic inventory to applying specific levels of safety stock that will balance your customer service level goals, your investment in inventory, and your organization’s profitability.

Through every engagement, we focus on practical steps that deliver measurable progress in inventory replenishment, customer service levels, and inventory profitability.

Why Choose EIM for Inventory Management Consulting?

With over 40 years of hands-on inventory management consulting experience, Jon and Matt Schreibfeder and the EIM team are uniquely equipped to drive transformative results. We will work with you to:

• Optimize Working Capital: Examine where excess and surplus inventory can be better utilized and eliminate obsolete inventory.
• Enhance Forecast Accuracy: Supplement your software with customized EIM forecasting/replenishment tools (which utilize both data and market knowledge) to ensure that your planning results in having the right quantity, of the right item, in the right location, at the right time.
• Improve Customer Service Level and Fill Rates: Maintain optimal levels of safety stock to minimize stockouts and disappointed customers while maximizing profitability.
• Streamline Supply Chains: Help select suppliers, coordinate with vendors to reduce lead times, and foster supply chain resilience.

By leveraging your software, our customized, proprietary tools and spreadsheets, and established industry best practices, EIM maximizes the productivity and profitability of your largest asset: inventory.

Our Proven Consulting Process

Our five-stage consulting methodology strives to get to know your organization, your inventory issues, to develop a customized list of recommendations and an action plan to achieve systematic and sustainable improvements:

1. Discovery & Data Gathering

We will analyze data from your ERP system to collect key metrics like inventory turnover, lead times, unneeded inventory, forecast accuracy, service-level performance, and many others. We will also conduct interviews with key personnel (either on-site or virtually) and review your current policies and procedures to get to know your organization. Finally, we will fully explore your inventory challenges and goals to create a customized action plan.

2. Gap Analysis & KPI Benchmarking

Every firm has unique potential, which is determined by its industry, market, location, and other factors. In our initial analysis, we will determine your potential performance and compare it to your current performance using industry-standard and customized metrics.

3. Strategic Roadmap Development

Develop a customized action plan that includes demand forecasting improvements, safety stock optimization, effectively recalculating replenishment parameters on a regular basis, and SKU rationalization.

4. Implementation & Change Management

Partner with your team to implement new processes, train personnel, and facilitate seamless transitions to improved inventory practices.

5. Ongoing Performance Monitoring

Regularly track KPIs with detailed scorecards and performance reviews, adapting strategies as market demands and business objectives evolve.

Every phase emphasizes inventory management optimization to ensure ongoing operational excellence and competitive advantage.

Industries We Serve

Our expertise covers a broad range of industries and inventory models, including:

• Distribution & Wholesale (e.g., fast-moving consumer goods, industrial supplies)
• Manufacturing (e.g., raw materials, work-in-process, finished products)
• Retail & E-commerce (e.g., multi-location replenishment, drop-shipping models)
• Service Organizations (e.g., maintenance, repairs, and operations (MRO), non-profits, etc.)

No matter your organization’s size or market sector, our scalable consulting solutions deliver tangible, lasting results.

Ready to Transform Your Inventory?

Don’t let inventory challenges hold your business back. Contact us today to schedule a no-obligation consultation with Jon and Matt Schreibfeder. We will:

• Analyze your current situation and potential results
• Develop a list of recommendations
• Outline an action plan to achieve effective inventory management

After reviewing our analysis, recommendations, and action plan, you can decide whether to work with us. Discover how our targeted approach to inventory management optimization can unlock hidden profitability, improve customer satisfaction, and prepare your business for future growth.