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Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. With every crisis comes the potential for supply chain disruption that can cause chaos for stock-holding businesses. Our eGuide, Supply chain and logistics management trends for 2023, looks...Read more
The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. As the global world economy has continued to recover completely from the aftermath of the Covid-19 pandemic, and with a subsequent war...Read more
As we navigate a cost-of-living crisis that has seen prices and inflation soar, budgets are becoming tighter at home and work. To prevent drastic decreases in profitability or increases in debt, finance teams are scrutinizing budgets and balance sheets to find areas to cut to make savings. Changes in business...Read more
Inventory optimization is an often-misunderstood term. It isn’t just a fancy way of saying inventory management; it’s a way to elevate it. Here, we introduce inventory optimization, explain what it involves and why you need it in your inventory management life. If you’re managing inventory, your focus will be ordering,...Read more
Black Friday – November 25th this year – is one of the year’s biggest shopping days when physical stores and eCommerce tempt shoppers with their offers. For the past ten years, Black Friday has seen sales increase annually and is one of the most important sales occasions of the year....Read more
Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. A demand planning team will forecast demand for their stock items so that supply chain and inventory managers can decide what, how much...Read more
