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How to reduce stress and save money as a purchaser

The alarm goes off, and you hit snooze, dreading getting out of bed. On your commute, instead of enjoying the...

Close up of an abacus with different coloured beads on each metal line - dark green light green, yellow, orange, pink and purple - on a wooden table to show how to calculate safety stock
Blog

How to calculate safety stock to save money

Determining the right stock levels for a business can be very challenging. Carrying too much inventory ties up working capital...

Metal shopping trolley with a yellow handle on a red background
Blog

Overcoming Black Friday purchasing and warehouse challenges

Black Friday (Nov 28 this year) is one of the year’s biggest shopping days when physical stores and eCommerce tempt...

Blog

An overview of demand forecasting in Microsoft Dynamics 365 Business Central

Demand forecasting can be challenging for inventory planners, yet it’s critical to do a good job of ensuring that the...

Six piece white jigsaw with rounded corners with the two rows of three. The top right corner piece isn't connected ERP add-ons
Blog

7 Ways ERP inventory management add-ons can save time and money

How ERP add-ons can add value to your current system’s functionality Enterprise Resource Planning (ERP) systems have become essential business...

A white pole with a white arrow road sign pointing left, just under a white arrow road sign pointing right. The left-facing arrow is on a red background, and the right-facing arrow is on a blue background. What's better? You ERP system or inventory optimisation software?
Blog

Why you need to upgrade your stock ordering processes

The advantage of working in a business for a long time is that you know it inside and out. However,...

Buy 2 get 1 free tag hanging in a shopping mall why 3 for 2 offers can lead to excess inventory
Blog

Why “3 for 2” isn’t always a good deal

When good deals become bad decisions: How to avoid excess inventory Excess inventory rarely stems from bad intentions; it usually...

Traditional red Chinese New Year lanterns for Chinese New Year supply chain disruptions
Blog

Inventory planning to reduce Chinese New Year disruption

Smart inventory managers plan for Chinese New Year (aka Lunar New Year) many months before the event. The more prepared...

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Artificial intelligence

How to cut inventory costs efficiently

If you’re a stock-holding business, it’s hard to balance the amount of stock you hold to meet demand with capital...

Piles of coins of different heights on a blue background with light shining on the two of the piles 5 inventory reduction methods to deliver cost savings
Blog

5 cost-saving inventory reduction strategies

For businesses that carry non-perishable goods, it’s tempting to order and carry surplus stock to help meet market demand and...

Blog

An introduction to quantitative and qualitative demand forecasting models

What is demand forecasting? Demand forecasting is the process of predicting future customer demand for your products to help with...

A robot hand placing a circular wooden block into a circular hole in a wooden box
Artificial intelligence

5 Benefits of artificial intelligence in supply chain management

As global supply chains become more complex, disruption in one link can significantly impact other areas. Therefore, it is essential...