Complete Story
10/15/2020
028 Effectively Analyzing Your Investment in Inventory
Instructor: Jon Schreibfeder
Tuesday, March 16, 2021, 8:00 – 11:30 a.m.
Inventory is probably a distributor’s largest asset. But few organizations have a comprehensive set of metrics that facilitate the processes of setting goals, evaluating performance and identifying opportunities for improvement. In this course we will present a comprehensive set of inventory-related measurements that management can evaluate each month. We will explore how to interpret the results of each metric and use them as tools to evaluate employee productivity. There will also be a discussion of effective ways to adjust your current policies and procedures to improve future results.
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.
Bookstore
Strategic Pricing For Distributors: Tools and Rules for Building Higher Margins
Brent Grover
Experience shows that most distributors are leaving at least two percentage points of gross trading margin on the table. This translates into 2% of total sales. Many companies can ultimately achieve more. The improvement is attainable fairly quickly and has proven to be sustainable. Two percent is the difference between mediocre profit results and stellar performance!
