Inventory Isn’t Just Math—It’s Strategy (ft. Effective Inventory Management, Inc.)

If you’ve ever asked yourself, “Am I carrying too much stock—or not enough?” this episode is packed with frameworks, strategies, and stories to help you find the right balance.

Description Key takeaways

About this episode

Inventory can make or break a business, but managing it isn’t just about crunching numbers—it’s about strategy.

In this episode, we're joined by the inventory legend, Jon Schreibfeder, President of Effective Inventory Management (EIM) and author of Achieving Effective Inventory Management (now in its 7th edition).

With over 45 years of experience guiding thousands of companies worldwide, Jon shares practical insights that help businesses rethink their approach to stock.

Resources

Calculate your carrying cost Sell excess warehouse inventory (in the U.S.) Visit resources page

Key Takeaways

Inventory selection matters: Only stock items that align with customer demand and business goals to avoid waste and obsolescence.
Forecasting is a skill: Many businesses struggle with predicting demand accurately, often due to ignoring trends, lead times, or safety stock adjustments.
Obsolete and excess stock need strategy: Regularly review, identify, and responsibly liquidate unwanted inventory through secondary markets or discount channels.
Warehousing and process habits are key: Organized storage, cycle counting, and efficient team routines improve accuracy and reduce downtime.
Leverage technology and KPIs: Inventory software and automation help streamline replenishment, track performance, and measure success effectively.