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Achieving Effective Inventory Management, Fifth Edition with EIM Version 3 Spreadsheets!

Jon Schreibfeder

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It’s easy to turn cash into inventory . . . the challenge is to turn inventory back into cash! 

Based on recent research and up-to-date best practices, Achieving Effective Inventory Management, Fifth Edition is a complete guide to managing a large and often troublesome asset: Inventory. Taking into consideration the current economic and business climate, this book will help you achieve the goal of effective inventory management: To meet or exceed customers’ expectations of product availability and to maximize your firm’s net profits or minimize its total inventory investment.

Included with the book is a CD containing the “Carrying Cost Calculator,” which will determine the cost of storing inventory in your warehouse. Order today and follow the path that leads to maximizing the productivity and profitability of your investment in stock inventory.

The EIM Version 3 Spreadsheet Binder is an essential companion piece to and fully compatible with Achieving Effective Inventory Management, Fifth Edition. These Version 3 Spreadsheets and the included "Inventory Performance Simulator” are designed so you can get more information faster and with less time and energy expenditure! The binder includes all the know-how you’ll need and the companion CD contains the spreadsheets.

Read Extended Description »

What Readers Have to Say

"Jon Schreibfeder's Achieving Effective Inventory Management is a wonderful, easy-to-read, comprehensive guide to organizing your warehouse, establishing policies and procedures, forecasting future demand of products, and planning for the replenishment of stocked items. It is a great tool in helping us overcome our inventory challenges."
— Bill Holt, Operations Manager, A.M. Leonard Co.

Extended Description

Achieving Effective Inventory Management, Fifth Edition addresses these topics:

  • Focus on Inventory
  • Get Your (Ware) House in Order
  • Demand Forecasts and Usage
  • Anticipated Lead Time and Safety Stock
  • The Order Cycle and Line Point
  • The Economic Order Quantity
  • Replenishment
  • Your Investment in Stock Inventory
  • Cycle Counting/Physical Inventory
  • Calculating the Carrying Cost and the Cost of Reordering Inventory
  • Inventory Policies and Procedures

Features of the Version 3 Spreadsheet Binder:

  • You’ll perform forecasting, replenishment, and investment analysis on up to 100 items at one time (instead of one at a time) by just loading your data into one Microsoft Excel worksheet.
  • You can compare your current inventory value to an ideal inventory investment.
  • You can modify parameters to calculate how much inventory is needed to achieve a desired level of customer service.
  • In one data entry action, you’ll automatically populate data and calculation fields on several worksheets that you previously had to do individually.
  • You’ll also receive a spreadsheet called “Price Break with Freight Allowance and Terms.” This spreadsheet allows you to consider such factors as freight, terms discounts, and extended terms in deciding which of three entered purchase quantities represents your “best by” quantity.

The Version 3 Spreadsheet Binder contains five spreadsheets:

  • The Inventory Performance Simulator
  • Price Break by Item
  • Price Break by Vendor Line
  • Price Break by Freight Allowance and Terms
  • Value of Lost Material; Glossary

About the Author

Jon Schreibfeder

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Jon is President of Effective Inventory Management (EIM), a firm dedicated to helping distributors, manufacturers, and large retailers maximize the productivity and profitability of their investment in inventory. EIM’s distribution customers come from diverse lines of trade and range in sales from $2 million to $32 billion.

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