Demand forecasting challenges – how to deal with fluctuating…

4 min read

It’s been over two years since the far-reaching effects of the Coronavirus pandemic on global supply chains started to take the world by surprise. Fluctuating demand and supply volatility have made accurate demand forecasting even more challenging for two reasons: Using last year’s sales data as a base for forecasts...Read more

How to successfully implement just-in-case inventory management

5 min read

In the early 1980s, just in time supply chain management emerged as a way for businesses to reduce stock levels and only hold items that were needed to fulfill known orders. In recent years, and particularly since the coronavirus pandemic, just-in-case (JIC) supply chain management has become more popular. This...Read more

4 reasons for carrying safety stock inventory

3 min read

You’re a manufacturer who is working on an order when you realize that you’re out of a necessary component due to a sudden increase in demand, meaning you’ll have to order that part and wait until you receive it to finish the order for your customer. Or maybe you’re a...Read more

What are the fundamental differences between just-in-time and just-in-case…

3 min read

For years companies have operated a just-in-time (JIT) supply chain model, only ordering stock items when necessary and carrying minimal inventory to reduce carrying costs. The pandemic has led to various global supply chain issues, such as increased demand volatility and trouble with stock availability. This has seen a switch...Read more

Shipping container shortages and how to better manage your…

2 min read

The effects of COVID-19 on global supply chains have been far reaching. The shipping industry in particular has been hit due to the displacement of containers blocking ports and causing global shortages. Businesses around the world continue to be affected by longer lead times, which are made worse by global...Read more

8 inventory management KPIs for effective inventory analysis

6 min read

Managing inventory is a complex business. Lots of activities, processes and people are involved in ordering, receiving, storing, picking and shipping items with the ultimate aim of keeping customers happy with the correct orders that are on time. Inventory management KPIs are important as they help analyze and track the...Read more