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As we ride each wave of supply chain disruption, we hope it will be the last. However, the world is...
Why are there global shipping issues? Once again, global shipping is experiencing potential long-term disruption, this time due to Houthi...
What is forecast accuracy? Forecast accuracy measures how close your demand forecast is to the actual demand value. You can...
What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number...
Fact: not every product in your warehouse sells at the same pace throughout the year. Some will experience peaks and...
What is forecasting accuracy? Forecasting accuracy is the process of calculating the accuracy of your inventory demand forecasts by comparing...
Demand forecasting models Whether you’re a manufacturer, wholesaler or retailer, forecasting future demand or customer orders is the logical starting...
How ERP add-ons can add value to your current system’s functionality Enterprise Resource Planning (ERP) systems are excellent for improving...
What is inventory replenishment? Inventory replenishment is the process of moving stock items along the supply chain to ensure inventory...
Stock replenishment is an important aspect of inventory management, as it ensures the right stock items are being reordered to...
Do you need inventory planning software? Enterprise Resource Planning (ERP) platforms are a big investment for any organization. They also...
8 reasons why you’re carrying too much inventory Below we’re going to investigate why businesses end up with too much...
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