10/15/2020

034. Managing Your Inventory in a COVID-19 World

Instructor: Jon Schreibfeder

Tuesday, March 16, 2021, 1:00 – 4:30 p.m.

The COVID-19 virus has presented a number of challenges for distributors: Sales of some products is skyrocketing while demand for other products is plummeting. Frequently vendors cannot ship needed inventory in a timely manner. Transportation issues are resulting in delays in receiving replenishment shipments. In addition to these supply issues, there are many challenges in maintaining a safe work environment while filling customer orders in a timely manner. In fact, the composition of these orders may have significantly changed with the boom of e-commerce. In this course, we will discuss what distributors can do to address these challenges, adjust replenishment policies and procedures during the gradual recovery from the pandemic, as well be as prepare for future unknown business disruptions.

 

Jon Schreibfeder

Jon is president of Effective Inventory Management, Inc., a firm dedicated to helping manufacturers, distributors, and large retailers throughout the world get the most out of their investment in stock inventory. For over 20 years, Jon has helped over three thousand firms improve their productivity and profitability through better inventory management.