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Feature Authors

Peter Drakeley

Peter Drakeley is CRO and Chief Inventory Optimization Geek at EazyStock, sharing a wealth of experience working with businesses of all sizes across diverse industries. Peter is a versatile supply chain expert with a keen interest in AI applications. Such is his passion for inventory that after a long day of optimizing, he spends his nights deep in textbooks, finalizing his PhD in Supply Chain Systems Adoption. When he’s not optimizing, Peter can be found coaching sports teams, reading, and playing rock ‘n’ roll. He used to be in a band but never talks about it.
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

10 inventory management KPIs for effective inventory analysis

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

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Sustainable Supply Chain Management Software

Improving businesses and the environment  In today’s fast-paced business landscape, inventory management plays a crucial role in determining a company’s...

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Data-driven inventory management: the secret to business success

In the rapidly evolving business landscape, staying ahead of the competition requires more than just good instincts – it demands...

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Different coloured coins balancing in a pile with others scattered on a table.

How Does Inflation Affect Supply Chains?

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around...

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Silver scissors open on a yellow background why cutting software budgets could cost you more in the long run

Why cutting software budgets now could cost you money in the long run

As we navigate a cost-of-living crisis that has seen prices and inflation soar, budgets are becoming tighter at home and...

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Abstract tech background made of printed circuit board. Depth of field effect and bokeh. internet connections, cloud computing and neural network, big data.

How cloud computing can make supply chains more competitive

Many more traditional supply chain strategies originated in a steadier business environment. When business cycles are predictable, and demand is...

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A white calculator with an orange frame around the screen next to a white pen with an orange surround around the tip and the top on a spreadsheet

Why inventory managers need to understand inventory value

Often, businesses focus on inventory management from a supply chain perspective – holding enough stock to meet customer demand and...

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A guide to optimizing your supply chain

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right...

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How to develop an effective supply chain strategy

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business...

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A wooden dice with a plus sign on one side and minus sign on the adjacent side on a wooden table next to a light blue wall what are the fundamental differences between jut-in-time and just-in-case stock control

What are the fundamental differences between just-in-time and just-in-case stock control?

JIT v JIC stock management For years companies have operated a just-in-time (JIT) supply chain model, only ordering stock items...

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Different-sized cardboard boxes on conveyor rollers ready to be shipped by courier for distribution in warehouse. How to improve inventory turnover

How to improve inventory turnover with inventory optimization

How to increase inventory turnover with inventory optimization The concept of inventory optimization helps many businesses improve their inventory turnover...

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Different coloured shipping containers in a shipping yard what are carrying costs and how do they impact profitability

What are inventory carrying costs and how are they calculated?

Maintaining cost-effective inventory levels is critical for any manufacturer, wholesaler, supplier or retailer. But just how much inventory is the...

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