Supply Chain Management Blog

A close-up of a laptop with the screen showing a bar chart with orange bars, with a blue line chart over the top. The orange block shows an increasing trend, and the blue line is around the middle of the orange block but ends above it. The background is two shades of orange. How to calculate forecast accuracy and forecast error.

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How to calculate forecast accuracy and forecast error

What is forecast accuracy? Forecast accuracy measures how close your demand forecast is to the actual demand value. You can...

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Supply chain and inventory trends for 2024

While watching the news can be challenging, as we see reports of the impact of war, catastrophic weather events and...

A yellow background with three red, wooden blocks stacked on top of each other haphazardly the top one has a pink A, the middle one has a pale blue B and the bottom one has a yellow c ABC analysis in stock management

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Importance of ABC analysis in inventory management

ABC analysis in inventory management Managing thousands of stock items from various suppliers and delivering them to an extensive customer...

Close up of a tablet in someone's hand showing inventory data with a warehouse in the background managing inventory in a growing business

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How to manage inventory effectively in a growing business

Inventory management, business growth and expanding product ranges There are several reasons you could be expanding your product portfolios. Whether...

Metal shopping trolley with a yellow handle on a red background

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Overcoming Black Friday inventory management challenges

Black Friday, 24 November, is one of the year’s biggest shopping days when physical stores and e-commerce tempt shoppers with...

A close up of a dart board lying slightly to the left on a light background with one red dart in the bullseye to show inventory KPIs

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10 Inventory management KPIs for 2024

Inventory management KPIs for effective stock management Managing inventory is a complex business. Lots of activities, processes and people are...

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Seasonal demand forecasting (2024 Guide)

What is seasonal demand? Seasonal demand is defined as a time series with repetitive or predictable patterns of demand, due...

A low automated guided cart following a yellow line around a warehouse with a box on top next to a rack of shelving with boxes warehouse technology and supply chain management

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Benefits of warehouse automation in supply chain management

Warehouse technologies and automated systems can help solve warehouse and supply chain issues cost-effectively. The right technologies can increase efficiency...

A wall of carboard boxes stacked next to and on top of each other, set back and forward in their stacks steps to reduce excess and obsolete inventory

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5 steps to reduce excess and obsolete inventory in 2024

If you type ‘excess inventory’ or ‘obsolete inventory’ into any search engine, you’ll find a wealth of companies offering to...

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How to deal with fluctuating demand when forecasting demand

Global marketplaces have been rocked over recent years, with customer demand and inventory supply more erratic and complex than ever...

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Overcoming inventory management challenges

The last few years have seen the world rocked by many chaotic events. The global pandemic, continuing extreme weather events,...

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sales-i and EazyStock announce strategic partnership to revolutionise inventory management and sales performance

EazyStock, a pioneer in inventory optimisation solutions, and sales-i, a leading provider of sales intelligence software, are thrilled to announce...