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Improve Forecasting Accuracy: How to Manage Demand Outliers
Forecasting accuracy is the process of calculating the accuracy of your inventory demand forecasts by comparing the original forecast with...Read more
How to Manage Obsolete Stock in Your Inventory
Obsolete Stock is a term that refers to inventory that has reached the end of its product life cycle. In...Read more
Are You Shipping Air? Meet Minimum Order Requirement with Order Fill-up
You know the challenge. You’re pulling together an order of item ‘A’ to a supplier and you realize that you...Read more
How to Use ABC Analysis for Inventory Management (and the Added Value of XYZ Analysis)
If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found...Read more
8 Ways to Make Your Fulfillment Center Run More Efficiently
This is a guest post contributed by Halle Summers. Halle is a Marketing Coordinator for FASTENation Inc. When she isn’t writing...Read more
4 Ways Big Data is Changing Inventory Management
*This post was originally published September 2015; it was updated October 2018* Big data is a term used to describe a...Read more