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10/11/2019

011 Balancing Product Availability and Your Inventory Investment

Presenter: Jon Schreibfeder

Date: Sunday, March 8, 2020

Time: 1:00-4:30 pm

Level of Complexity:
Intermediate

Course Description:  Product availability is critical to the success of your organization.  Customers are more demanding than ever before.  They want everything “yesterday”.   But distributors don’t have unlimited funds (or space) to invest in large supplies of every product their customers might request.  How do you meet or exceed customers’ expectations while still earning a good profit?

Learning Objectives:

  • Develop an “approved stock list” for each location
  • Determine their “target” fill rate or customer service level
  • Identify products that require a higher or lower fill rate or customer service level
  • Increase product availability at the lowest possible cost
  • Accurately measuring customer satisfaction of product availability

Jon Schreibfeder

aeaJon 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.

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Facing the Forces of Change: Reimagining Distribution in a Connected World

Guy Bissett

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Facing the Forces of Change® is the only major research study analyzing the future of wholesale distribution within multiple lines of trade. Since its inception in 1982, the landmark Facing the Forces of Change® series continues to provide insights about the overall future of wholesale distribution and the role of wholesaler-distributors. 

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