(844) 416-5000 Book a demo

Blog

Artificial intelligence Demand Forecasting ERP and Integrations Industry News Inventory Optimization Press Releases Product Updates Purchasing & Replenishment
Calculator and on a printed spreadsheet
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...

Different coloured floppy disks on a tables
Blog

Obsolete inventory management: the causes and cures

What is obsolete inventory? Obsolete inventory refers to stock that has seen no demand for a prolonged period of time,...

A dark wooden table with three wooden ABC blocks on their sides. The A is outlined in red, the B is outlines in orange and the C is outlined in blue. Just below them is a wooden abacus lying flat on the table with 1 2 3 4 5 etched into the top and rows of beads in red and yellow partly visible and green and orange rows partly visible.
Blog

How to calculate ABC analysis – a working example

What is ABC analysis/ABC classification? Inventory management teams use ABC classification (also called ABC analysis) to help identify the most...

Ein roter Hintergrund mit Holzblöcken, die mit A, B und C gekennzeichnet sind. Das A ist in Rot mit einem roten Rand, das B ist in Gelb mit einem gelben Rand und das C ist in Blau mit einem blauen Rand ABC-Analyse ABC XYZ
Blog

An explanation of ABC XYZ inventory analysis and why it adds value

In previous posts, we’ve discussed the benefits of ABC classification models and how to use them to improve inventory control...

Closeup of multiple cardboard box packages seamlessly moving along a conveyor belt in a warehouse fulfilment centre using stockturn to optimise your inventory
Blog

Using stock turn rate to optimize your inventory management

For many businesses looking to improve their inventory management, a critical KPI is stock turn rate. Stock turn rate is...

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...

chain on a city background building supply chain resilience
Blog

Five steps to building a resilient supply chain

In the face of unprecedented global events that have posed significant challenges to businesses across the supply chain, the importance...

Different coloured cogs of different sizes connected on a yellow background supply chain risk mitigation strategies supply chain risk strategies
Blog

Supply chain risk mitigation

As we ride each wave of supply chain disruption, we hope it will be the last. However, the world is...

Very old-fashioned and early camera against a blight brown backdrop to show obsolete stock
Blog

How to manage dead stock

Having enough stock to meet demand is fundamental to stock-holding businesses. Running out of stock leads to lost sales and...

Broken chain with the broken link glowing red at the ends improving inventory planning during times of disruption
Blog

Improving inventory planning during supply chain disruption

This post focuses on inventory planning and optimizing stock levels during periods of supply chain disruption and erratic customer behavior....

Shelf rack full of cartons at logistics warehouse with more boxes piled in front the causes of excess inventory
Blog

The causes of excess inventory

8 reasons you’re carrying too much inventory What is excess inventory? Excess inventory refers to when stock for an item...

Blog

Demystifying key inventory terms: Your inventory optimization glossary

Inventory optimization is a complex but crucial aspect of supply chain management. However, if you haven’t heard of inventory optimization,...