Mississauga, ON -- (SBWire) -- 01/05/2011 -- On January 20, 2011 11:30 EST JustFoodERP will conduct a Distribution Webcast Series: Effectively Analyzing Inventory Investment

The webcast will answer these questions:

- How do you know if you are making progress toward achieving the goal of effective inventory management?

- Are you better or worse than competitors in having products available when customers want them, while maintaining an optimal inventory?

- How do you pinpoint those areas that need the most improvement?

In this 30 minute session JustFoodERP will explore simple methods and metrics to measure the profitability and productivity of investment in stock inventory. Topics will include:

o Turnover
o Fill Rate/Customer Service
o Turn/Earn Index
o Gross Margin Return on Investment
o Percentages of Outdated Stock, Excess Inventory and Non-Moving Products
o Tying together sales, inventory and operations management
o Setting incremental and ultimate inventory related goals
o Comparing results to other firms in the industry

The Webcast Presenter

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. Over the past 30 years, Jon has helped over two thousand firms improve their productivity and profitability through better inventory management. He is the author of numerous articles and a series of books on effective inventory management including the recently published Achieving Effective Inventory Management - Fifth Edition and the National Association of Wholesale Distributor's 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 and is an advisor to Purdue University's Industrial Distribution and Technology Program.

To register go to: http://www.justfooderp.com/NewsEvents/Events/Distribution-Webcast-Series--Effectively-Analyzing

JustFoodERP (http://www.JustFoodERP.com) includes ERP business software for the food industry. This industry specific solution also provides support for other key requirements including food safety software, product lifecycle management, reporting software, and CRM software for food industry. JustFoodERP is food management software and food service software, which offers the necessary tools in order to improve business practices. By using this food industry companies are better able to save time and improve the quality of products and services.

JustFoodERP is a vertically focused software company providing software and services powered by the Microsoft Dynamics platform. The company has joined the prestigious 2010 Inner Circle for Microsoft Dynamics, an elite group of the most strategic Microsoft Dynamics partners from across the globe whose sales achievements rank them in the highest echelon of the Microsoft Dynamics global network of partners. Members of the Microsoft Dynamics Inner Circle have performed to a high standard of excellence by delivering valuable solutions that help organizations achieve increased success. JustFoodERP is recognized by Microsoft as one of the most successful business partners, deployed by over 150 customers in North America.

JustFoodERP
http://www.justfooderp.com
Michelene Maguire
pr@justfooderp.com
877-544-2706