Complete Story
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.
Bookstore
Achieving Effective Inventory Management – 6th Edition
Jon Schreibfeder
Achieving Effective Inventory Management, 6th Edition, based on our most recent research and up-to-date “best practices”, provides a complete guide for managing a large and often troublesome asset: inventory.
The economic challenges facing distributors today have resulted in EIM conducting a thorough review and update of the entire 5th edition. This update, coupled with discussions regarding the impact and adjustments that the current economic challenges have produced in all areas of inventory management, has produced our new 6th edition.
This book helps you achieve the goal of effective inventory management — to meet or exceed customers’ expectations of product availability with the amount of each item that will maximize your organization’s net profits or minimize its total inventory investment.