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When good deals become bad decisions: How to avoid excess inventory Excess inventory rarely stems from bad intentions; it usually...
Smart inventory managers plan for Chinese New Year (aka Lunar New Year) many months before the event. The more prepared...
If you’re a stock-holding business, it’s hard to balance the amount of stock you hold to meet demand with capital...
For businesses that carry non-perishable goods, it’s tempting to order and carry surplus stock to help meet market demand and...
What is demand forecasting? Demand forecasting is the process of predicting future customer demand for your products to help with...
As global supply chains become more complex, disruption in one link can significantly impact other areas. Therefore, it is essential...
In the face of unprecedented global events that have posed significant challenges to businesses across the supply chain, the importance...
As we ride each wave of supply chain disruption, we hope it will be the last. However, the world is...
Having enough stock to meet demand is fundamental to stock-holding businesses. Running out of stock leads to lost sales and...
This post focuses on inventory planning and optimizing stock levels during periods of supply chain disruption and erratic customer behavior....
What is forecast accuracy? Forecast accuracy measures how close your demand forecast is to the actual demand value. You can...
Black Friday (Nov 24 this year) is one of the year’s biggest shopping days when physical stores and eCommerce tempt...
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