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Inventory Replenishment by Jon Schreibfeder
 
 
First Steps to Achieving Effective Inventory Control

The first whitepaper in a series by inventory management expert Jon Schreibfeder, discusses the first steps to get your current inventory under control. The detailed recommendations in this report will help you determine what products you should stock, what to do with unwanted inventory, and how to organize storage locations in your warehouse.

We’ve worked with thousands of distributors throughout the world distributing nearly every type of product imaginable. Despite the variety, we’ve found that distributors typically have similar inventory-related problems:

  • Too much of some products. This excess inventory and dead stock leads to decreased turnover and profitability.
  • Stockouts of other products. This results in backorders, lost sales, and dissatisfied customers.
  • Don’t know what is in stock. The on-hand quantity in their computer system does not agree with what is actually on the shelf in their warehouse.
  • Can’t find material in their warehouse. They know the material is “out there somewhere” but they don’t know exactly where it is located. 
 
The First Steps to Achieving Effective Inventory Control by Jon Schreibfeder Download Now!  
 
Keeping Stock Balances Accurate

If you don’t know what is actually in your warehouse or storeroom, you cannot provide customers with reliable stock availability information and you won’t reorder products at the proper time. Maintaining accurate stock balances is a vital component of an effective inventory management program.

Without correct on-hand quantities it is difficult if not impossible to meet your customer service and profitability goals. You will also not be able to take advantage of the inventory management tools available in today’s advanced computer software packages.

This report is the second in a series of white papers designed to help forward-thinking distributors increase efficiency, customer service, and profitability with smart inventory management strategies based on tried and proven methods and best practices.

 
Keeping Stock Balances Accurate by Jon Schreibfeder Download Now!
 
Improving the Accuracy of Your Forecasts

Distributors have to provide the best possible material availability as well as more services with a smaller investment in
stock inventory. They have to do more with less. In order to accomplish this goal, estimates of future usage of stocked items must
be as accurate as possible. In this document we will explore some ideas we have found to be effective in developing accurate
demand forecasts for your stock products.

This report is the third in a series of white papers designed to help forward-thinking distributors increase efficiency, customer service, and profitability with smart inventory management strategies based on tried and proven methods and best practices.

 
Improving the Accuracy of Your Forecasts by Jon Schreibfeder Download Now!