Inventory Optimization | Page 6 of 9

A close up of a man holding a laptop in a warehouse inventory management techniques

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6 cost-saving inventory control techniques for stock optimization

Inventory control techniques that use stock optimization best practices Instead of focusing on how to organize warehouses, track goods, and...

Gold traditional balance scales on a wooden table in front of a blue wall the pros and cons of ERP upgrade versus ERP replacement

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The pros and cons of an ERP upgrade versus an ERP replacement

Do you upgrade or replace your ERP software? Many enterprise resource planning (ERP) platforms are the backbone of business operations...

An articulated lorry backed up to the loading bay of a warehouse with its doors open. There are several pallets of boxes set on the loading bay. There are seven doors and a large canopy. The body of the lorry is red corrugated iron like a shipping container, with yellow axles and blue wheel trims. Effective stock replenishment

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How to achieve effective stock replenishment

Stock replenishment is an important aspect of inventory management, as it ensures the right stock items are being reordered to...

Computer screen showing charts and analysis on a table in a warehouse ERP how advanced is your ERP system

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ERP Inventory Management: The Ultimate Guide

What is ERP inventory management? Many organizations have an enterprise resource planning (ERP) system to collect, store, manage and interpret...

A black calendar with white text on the corner of a blue background to show stock days why service levels are better than stock days when managing inventory

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What is service level in inventory management

For many years, inventory-holding businesses have used stock days in their inventory management calculations to determine whether they have the...

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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...

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...