Inventory is usually an organization's largest asset. But many are not satisfied with the contribution inventory makes towards the overall success of their business:

• The wrong quantities of the wrong items are often found on warehouse shelves. Even though there may be a lot of surplus inventory and dead stock in their warehouse(s), backorders and customer lost sales are common. The material a distributor has committed to stock isn't available when customers request it.

• Computer inventory records are not accurate. Inventory balance information in the expensive computer system does not accurately reflect what is available for sale in the warehouse.

• The return on investment is not satisfactory. The organization's profits, considering its substantial investment in inventory, is far less than what could be earned if the money were invested elsewhere.

Effective Inventory Management, Inc. is dedicated to helping organizations provide outstanding customer service while maximizing the return on their inventory investment. It is critical in these challenging economic times that (1) only an appropriate number of dollars be invested in stock inventory, and (2) every dollar works as hard as possible to maximize the profitability and productivity of your investment.

All of our products, classroom instruction, and consulting services are designed to lead you through the practical implementation of a successful inventory management system. Just as important, you will gain the knowledge necessary to enhance and modify your inventory system to meet your organization's changing needs.

Jon Schreibfeder is president of Effective Inventory Management, Inc., a firm dedicated to helping manufacturers, distributors, and large retailers get the most out of their investment in stock inventory. For over 20 years, Jon has helped over two thousand firms improve their productivity and profitability through better inventory management. Jon has designed several inventory management computer systems and has also served as a distribution industry "troubleshooter" for two major computer companies. He is the author of numerous articles and a series of books on effective inventory management, including the recently published Achieving Effective Inventory Management (5th edition) and the National Association of Wholesale Distributors' Guess Right – Best Practices in Demand Forecasting for Distributors.

A featured speaker at seminars and conventions throughout North America, Latin America, Europe, Asia, and the Pacific Rim, Jon has been awarded the title "Subject Matter Expert" in inventory management by the American Productivity and Quality Center. He is an advisor and guest lecturer in the Industrial Distribution Program at Purdue University.