Topic: "effective inventory management"

Free Webinar on Introducing New Product Lines

On Demand Webinar: When to Stock New Product Lines

May 17th 2012

Software ThinkTank’s Effective Inventory Management Expert, Jon Schreibfeder, shares his knowledge on how and when to introduce new product lines to your distribution business.

how-retailers-can-use-inventory-management-software-to-increase-efficiency

How Retailers Can Use Inventory Management Software To Increase Efficiency

May 15th 2012

When issues arise in retail operations, the first response tends to be to fix it. That’s why you have retail management software, isn’t it? So now that you’ve identified a problem, you need find a solution.

That logic holds, but only to a point. While it’s important to resolve any problems that your business encounters, finding a retail management software solution tailored to your organization as a whole can be more complex.

When To Stock New Product Lines

Should You Stock New Product Lines?

April 17th 2012

In this informative whitepaper, industry expert Jon Schreibfeder takes you through the process necessary to evaluate new product lines and determine whether or not you should stock them. Product analysis, inventory selection, and protecting your business’ profitability are all discussed.

when-should-i-start-stocking-new-product-lines

When Should I Start Stocking New Product Lines?

April 11th 2012

A vendor suggests (or insists) that you stock a new “revolutionary” product line. Your salespeople claim they are losing customers because you aren’t stocking products they want to buy from you. You see an advertisement and you exclaim to yourself, “We could sell a lot of that!” Products are continually being introduced to the market. You don’t have the money (or space) to stock all of them. How do you know how to allocate the limited funds you have available to expand your inventory?

Bar Code System for Distribution

On-Demand Webinar: Is A Bar Code System Right For Your Distribution Business?

March 29th 2012

Software ThinkTank’s Effective Inventory Management Expert, Jon Schreibfeder, shares his knowledge on how bar code systems are being used in the distribution industry and how you can decide if it’s a good fit for your business.

Jon Schreibfeder discusses Inventory Management Software

On-Demand Webinar: Evolving With Your Inventory Management Software

February 7th 2012

In this webcast Effective Inventory Management Expert, Jon Schreibfeder, addresses how your business can make the most of its inventory management software.

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Best Practices for Inventory Management Systems

January 26th 2012

The goal of effective inventory management is impossible to reach without a comprehensive inventory management system. In this whitepaper, expert Jon Schreibfeder, talks you through the critical decision points necessary for achieving success with your inventory management system.

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Fresh Start with Inventory for the New Year

January 11th 2012

Every business is planning (or hoping) for better performance in 2012. Unfortunately many companies will fail in this quest. Why? Because they are looking for a quick fix rather than a change in corporate culture.

Get Lean

Distributors Must Get Lean in 2012

October 21st 2011

Time to Trim the Fat in Your Warehouse Unfortunately, the economic outlook for 2012 requires more efficiency, productivity and alignment from distributors then ever before. It’s time to batten down the hatches, remove all the fat from our operations and simply get lean. Related Posts:Best Practices for Inventory Management SystemsEvaluating New Distribution Software: The Real [...]

Taking Stock-Fighting Super Stock Villians

TAKING STOCK: There’s a Storehouse inside Jon Schreibfeder

May 24th 2011

It’s Monday, and Jon Schreibfeder has just got off the plane in San Diego. For the next two days he’ll be spending time with his favorite clients staking out the place retail customers rarely ever see – the warehouse. This is where all kind of items stack to the ceiling to the point where some [...]

Utilizing Working Capital

Utilize Working Capital to Grow Your Business

January 26th 2011

If you turn your inventory over six times a year, you have six opportunities to earn a profit from every dollar invested in inventory. Find out several ways to increase your inventory turnover, increase sales and lower your average inventory investment by: Related Posts:How Much Does It Cost You To Buy?Maximize Replenishment Parameter Know-How On-Demand [...]

Grow-Your-Business-Not-Your-Debt

On-Demand Webinar: Grow Your Business Without Growing Your Debt.

January 25th 2011

How to Grow Your Distribution Business in 2011 Without Borrowing Money Learn How To Leverage Your Working Capital to Grow Your Distribution Business. WATCH NOW! How to Grow Your Distribution Business in 2011 Without Borrowing Money! Debt is a major problem for many distributors.  But unlike the government, you do not have the option of [...]

Calculating Ordering Costs

How Much Does It Cost You To Buy?

January 20th 2011

In my last article titled “The Mysterious Cost of Carrying Inventory”, we published a questionnaire that you can fill out, to have us calculate your specific company’s inventory carrying cost percentage.  That is, what it costs to maintain a dollar’s worth of stocked inventory in your warehouse for an entire year.  The carrying cost is [...]

Trimming Inventory

The Top 5 Effective Ways to Trim Your Inventory

December 31st 2010

Most distributors strive to achieve the goal of effective inventory management: “Effective inventory management allows an organization to meet or exceed customers’ expectations of product availability with the amount of each item that will maximize net profitability or minimize their total inventory investment.” Stock vs. Stuff But most of these companies have two types of [...]

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Make Smarter Stock Decision for Every Location

December 29th 2010

If you aren’t carefully managing inventory levels at each of your distribution locations, you are running the risk of adding to the high cost of running your branches. There are several steps you can take to ensure a high level of service across your locations while minimizing your costs. Related Posts:Make Inventory Analysis an AssetThe [...]

EffectiveInventoryAnalysis

Make Inventory Analysis an Asset

December 21st 2010

Are poor inventory decisions taking a toll on your profit? Using several simple measurements, you can properly analyze your inventory needs and turn your fortunes around. Related Posts:Maximize Replenishment Parameter Know-How The Top 5 Effective Ways to Trim Your InventoryMake Smarter Stock Decision for Every LocationOn-Demand Webinar: Evolving With Your Inventory Management Software

Mysterious Cost of Inventory

The Mysterious Cost of Carrying Inventory

December 19th 2010

The carrying cost of inventory is the cost of maintaining your average inventory investment of inventory in your warehouse, storeroom, stockroom, or other location where you stock raw materials or finished goods.  What costs do you incur in carrying inventory? Related Posts:How Much Does It Cost You To Buy?On Demand Webinar: When to Stock New [...]

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Maximize Replenishment Parameter Know-How

December 15th 2010

Having the nicest tools in the shed doesn’t mean a thing if you don’t know how to use them. By fully understanding your system’s parameters, you can properly automate processes in order to optimize inventory management. Related Posts:Make Inventory Analysis an AssetThe Top 5 Effective Ways to Trim Your InventoryUtilize Working Capital to Grow Your [...]

Inventory Shelves

Evaluating New Distribution Software: The Real Issues

October 18th 2010

Zee Germans are coming!We’ve worked with hundreds of distributors throughout the world. These firms have distributed nearly every type of product imaginable. Related Posts:Best Practices for Inventory Management SystemsDistributors Must Get Lean in 2012The Top 10 Inventory Management MistakesAchieve Effective Inventory Control

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Get a Panoramic View of Your Supply Chain

July 27th 2010

Spending countless hours devising ways to lower operating costs and still boost profits is time wasted without the proper tools. Lacking a comprehensive view of your entire supply chain leaves you guessing at every juncture to make the right decisions. This white paper delivers tips on how to give your business a competitive edge with [...]