TOPICS » Demand Forecasting

How to Minimize Impacts from Supply Chain Disruption

8 min read

As globalization extends supply chains around the world, the likelihood of negative impacts stemming from supply chain disruption increases. Supply chain disruptions are an inevitability for any supply chain, though the severity of the impacts can vary. In this piece, we’ll take a look at some of the top types...Read more

How to Improve Inventory Turnover with Inventory Optimization

5 min read

The concept of inventory optimization helps many businesses improve their inventory turnover – without damaging stock availability. This post will explain how, but first, let’s deal with a few simple definitions. Many stock-holding businesses have a significant amount of working capital invested in inventory sitting in their warehouse. The quicker...Read more

2021 Strategies for Inventory Management and Supply Chain Recovery

4 min read

You already know the biggest supply chain disruption of 2020: the COVID-19 pandemic. Despite increasing vaccine approval, the pandemic is far from over. A vaccine won’t magically eradicate the coronavirus; instead, it will take the vaccine coupled with additional widespread safety measures to usher in a ‘new normal’ – optimistically,...Read more

ERP inventory management – how advanced is your ERP?

6 min read

Many organizations have an enterprise resource planning (ERP) system to collect, store, manage and interpret data from a host of different businesses processes. ERP systems typically allow companies to undertake tasks such as purchasing, production planning, service delivery and customer management – all from one single platform. When it comes...Read more

How to Manage Seasonality of Demand to Increase Forecasting…

4 min read

Fact: not every product in your warehouse sells at the same pace throughout the year. Some will experience peaks and troughs in their sales due to the coming and going of seasons and months. While you may think this is an obvious statement, many businesses still struggle to forecast for...Read more

6 Inventory Control Techniques for Stock Optimization

6 min read

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. So we thought we’d focus on the lesser known topic of ‘stock optimization’ – this is an inventory control technique that’s becoming more popular with inventory managers to improve the...Read more