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

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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...

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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...

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Supply chain risk mitigation

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

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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
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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
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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...

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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,...

Background of multiple red cardboard package boxes stacked at a factory warehouse. the problem with excess stock disadvantages of excess inventory
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What are the disadvantages of excess inventory?

Inventory is pivotal to business success. Without it, you can’t provide the items your customers need, and you’ll probably go...

A yellow background with three red, wooden blocks stacked on top of each other haphazardly the top one has a pink A, the middle one has a pale blue B and the bottom one has a yellow c ABC analysis in stock management
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The importance of ABC analysis in inventory management

ABC analysis in inventory management Managing thousands of stock items from various suppliers and delivering them to an extensive customer...

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Overcoming Black Friday purchasing and warehouse challenges

Black Friday (Nov 24 this year) is one of the year’s biggest shopping days when physical stores and eCommerce tempt...

Close up of a tablet in someone's hand showing inventory data with a warehouse in the background managing inventory in a growing business
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How to manage inventory effectively (2024 guide)

Inventory management, business growth and expanding product ranges There are several reasons you could be expanding your product portfolios. Whether...