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Piles of coins of different heights on a blue background with light shining on the two of the piles 5 inventory reduction methods to deliver cost savings
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5 inventory reduction strategies to drive cost savings

For businesses that carry non-perishable goods it’s tempting to order and carry surplus stock to help meet market demand and...

Computer screen showing charts and analysis on a table in a warehouse ERP how advanced is your ERP system
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4 Ways to Use Technology in Inventory Management

Inventory is the biggest entry in the balance sheet of many distribution companies and fast deliveries are becoming increasingly important...

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COVID-19: Managing Supply Chain Risk and Disruption

In our four-part blog series on Coronavirus and its impact on inventory management, so far we’ve looked at how to...

HVAC units (heating, ventilation and air conditioning) inventory challenges or HVAC distributors
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HVAC Inventory Management and Supply Chain Issues

Market trends for the HVAC industry The HVAC industry is unforgiving to distributors who are not on top of their...

Red steel safe with mechanical combination lock on shelf, the secret to improving stock availability without increasing inventory
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How to improve stock availability

Stock availability: a common inventory management challenge The global marketplace is constantly evolving due to political, economic, technological and social...

wooden scale of a large wooden ball with a wooden plank balancing one big white speckled ball and four small ones using the economic order quantity formula in inventory management
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Economic Order Quantity (EOQ) Guide With Graph Explanation

What is economic order quantity (EOQ)? Economic order quantity (EOQ) concerns the most cost-efficient method of ordering stock. The objective...

A row of red flags blowing in the wind with a sun set in the background with white clouds and some blue patches to show warnings
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What is Inventory Planning: 8 Signs Why You Need It

Do you need inventory planning software? Enterprise Resource Planning (ERP) platforms are a big investment for any organization. They also...

Shelf rack full of cartons at logistics warehouse with more boxes piled in front the causes of excess inventory
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8 causes of excess inventory and carrying too much stock

8 reasons why you’re carrying too much inventory Below we’re going to investigate why businesses end up with too much...

cardboard box and stack of parcels behind it on wooden floor in a warehouse how to manage excess stock
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How to manage excess stock in your inventory

What is excess stock? Excess stock is a common term used in inventory management for when inventory levels exceed forecasted...

Close up of a woman taking a box off a shelf in warehouse 8 ways to make your fulfillment center run more efficiently
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8 Ways to Run a Fulfillment Center Efficiently

This is a guest post contributed by Halle Summers. Halle is a Marketing Coordinator for FASTENation Inc. When she isn’t writing...

Boxes and pallets stacked in a warehouse high inventory levels overcoming the problem overcoming high inventory levels
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High inventory levels: overcoming the challenge

High inventory levels: a problem for everyone Small and mid-sized businesses (SMBs) often ignore high inventory levels. Either they don’t...

Aerial view of a cargo ship with freight shipping containers why ignoring automated inventory management is killing your supply chain
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Automated Inventory Management: 5 Benefits Explained

You’ve heard about robots in the warehouse and self-driving trucks, but automation is taking over even more areas in the...

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