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BRAND-NEW! Achieving Effective Inventory Management, 6th 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!

Achieving Effective Inventory Management – 6th Edition

This is a completely revised and enhanced version of the classic guide for helping wholesaler-distributors achieve the goal of effective inventory management. This latest edition combines new techniques and technologies with time-proven concepts to make your firm as lean as possible while still meeting or exceeding your customers’ expectations of product availability.

The Effective Inventory Management Spreadsheet Set – 4th Edition 

This comprehensive set of inventory analysis spreadsheets will allow you to

  • identify unusual usage
  • forecast future demand of products using the best of nine different formulas
  • compare results of safety stock quantities calculated using different methodologies
  • develop the appropriate replenishment parameters for different types of products
  • perform a comprehensive analysis to determine the necessary inventory investment to achieve your desired level of customer service.

Some of the topics discussed in Achieving Effective Inventory Management include:

  • The roles of departments and of individuals in achieving effective inventory management
  • What products should be stocked in each location
  • Challenges in stocking material to be resold and maintenance, repairs and operations (MRO) inventory
  • Enhanced forecasting logic, including considering promotions, trends, weather and event-based seasonality, as well as collaborative information from customers, salespeople and management
  • Differences in maintaining products with sporadic and recurring usage
  • Determining when the stock of each item should be replenished
  • Intelligently deciding how much you should buy or make
  • Effectively using safety stock to balance customer service and your investment in stock inventory
  • When to utilize distribution centers and central warehouses
  • How you determine whether a product in a specific location should be replenished with a transfer from another location or purchased from a vendor
  • Manufacturing Requirements Planning (MRP)
  • Distribution Requirements Planning (DRP)

Key new features that make the Version 4 Spreadsheets different and improved:

  • Simulator for observing how modifying parameters affect the adjusted margin and profitability
  • Simulator for observing how modifying parameters affect the line point and order point
  • Simulator for observing how modifying parameters affect the economic order quantities
  • Vendor rebate analysis
  • Additional capabilities for calculating safety stock quantities

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.

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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