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Close up of an abacus with different coloured beads on each metal line - dark green light green, yellow, orange, pink and purple - on a wooden table to show how to calculate safety stock

How to calculate safety stock: three different calculations

Determining appropriate levels of stock across a business can be very challenging. If you carry too much inventory, you risk...

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Reorder point planning – how to calculate reorder points

What is reorder point planning? Reordering point planning involves calculating when stock levels hit a point at which it’s the...


How to manage seasonality of demand to increase forecasting accuracy

Fact: not every product in your warehouse sells at the same pace throughout the year. Some will experience peaks and...

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How to manage obsolete stock in your inventory

What is obsolete stock? Obsolete stock is a term that refers to inventory that has reached the end of its...

A person using a laptop to buy something online holding a credit card in their left hand, typing with their right hand, on a light blue background. The laptop is at a right angle to the bottom on the image. Supply chain management for ecommerce success

Ecommerce Supply Chain: Benefits of Ecommerce Supply Chain

Supply chain management in eCommerce The growth of eCommerce in both the B2C and B2B sectors has bought a wealth...

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A guide to the benefits of a bill of materials (BOM)

What is a bill of materials (BOM)? In its simplest form, a bill of materials (BOM) is a list of...

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Seasonal Demand Forecasting: What It Is & Why It’s Important

Seasonal demand forecasting Seasonal demand forecasting can often be one of the most difficult areas of your inventory management processes...

A white wooden background with a white u-bend and some gold and silver plumbing fixtures, a silver plug drain and a silver spanner to show bill of materials

Bill of materials inventory management: How to improve BOM forecasting and planning

When finished goods are built from a set of components, a Bill of Materials (BOM) is extremely useful for inventory...

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How to Improve Forecast Accuracy: Manage Demand Outliers

What is forecasting accuracy? Forecasting accuracy is the process of calculating the accuracy of your inventory demand forecasts by comparing...

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.

How to calculate and apply ABC classification of inventory

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found...

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

Why you need ABC analysis in inventory management

What is ABC analysis? ABC inventory analysis is a method used to classify a business’s stock items into three categories...

Different-sized cardboard boxes on conveyor rollers ready to be shipped by courier for distribution in warehouse. How to improve inventory turnover

How to improve inventory turnover with inventory optimization

How to increase inventory turnover with inventory optimization The concept of inventory optimization helps many businesses improve their inventory turnover...