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Hazard warning sign in front of clouds 3 costly mistakes made by distributors
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5 Inventory Analysis Methods Better Stock Control

Inventory analysis is the process of determining the optimal inventory level for a company to avoid stock outs or over-stocking-...

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An introduction to Days Inventory Outstanding (DIO)

Days Inventory Outstanding (often shortened to DIO) is one of the simplest ways to answer a practical question: “How many...

Different coloured shipping containers in a shipping yard what are carrying costs and how do they impact profitability
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Inventory carrying costs: what they are, how to calculate, and ways to reduce them

Inventory carrying costs can quietly drain cash from your business. The more stock you hold, the more money is tied...

Brown boxes stacked on top of each other filling a shipping container from top to bottom and side to side. The container is grey metal and the doors are open.
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Overcoming minimum order quantity (MOQ) challenges

What is a minimum order quantity (MOQ), and how do you overcome its challenges?   ABC, ERP, EOQ, JIT… acronyms are...

Purchase order print outs on a desk
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How to reduce stress and save money as a purchaser

The alarm goes off, and you hit snooze, dreading getting out of bed. On your commute, instead of enjoying the...

Brown boxes with small white labels in the top left corner all stacked on top of each other so you can only see boxes safety stock why safety stock is important
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4 reasons for carrying safety stock

You might be a manufacturer working on an order when you realize you’re out of a necessary component due to...

Metal shopping trolley with a yellow handle on a red background
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Overcoming Black Friday purchasing and warehouse challenges

Black Friday (Nov 28 this year) is one of the year’s biggest shopping days when physical stores and eCommerce tempt...

Purchase order calculator and pen
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A review of Business Central’s inventory planning and reordering policies

As a busy inventory manager, if you’re using your enterprise resource planning system (ERP) for planning and reordering, you’re probably...

Six piece white jigsaw with rounded corners with the two rows of three. The top right corner piece isn't connected ERP add-ons
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7 Ways ERP inventory management add-ons can save time and money

How ERP add-ons can add value to your current system’s functionality Enterprise Resource Planning (ERP) systems have become essential business...

A white pole with a white arrow road sign pointing left, just under a white arrow road sign pointing right. The left-facing arrow is on a red background, and the right-facing arrow is on a blue background. What's better? You ERP system or inventory optimisation software?
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Why you need to upgrade your stock ordering processes

The advantage of working in a business for a long time is that you know it inside and out. However,...

Traditional red Chinese New Year lanterns for Chinese New Year supply chain disruptions
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Inventory planning to reduce Chinese New Year disruption

Smart inventory managers plan for Chinese New Year (aka Lunar New Year) many months before the event. The more prepared...

Industrial robot arm loading carton on conveyor in a factory. Supplier order calendars
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Managing supplier shutdowns with order calendars

We know it’s stating the obvious, but if suppliers can’t fulfill your orders, you can’t meet customer demand. If you...