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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...

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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...

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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...

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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...

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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...

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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,...

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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...

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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...

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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.
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How to calculate ABC analysis – a working example

What is ABC analysis/ABC classification? Inventory management teams use ABC classification (also called ABC analysis) to help identify the most...

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A variety of colourful shipping containers stacked in a shipping yard five high and at different heights with blue sky and white clouds
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Cost-effectively filling shipping containers

The effects of COVID-19 on global supply chains hit the shipping industry hard, with displaced containers blocking ports and causing...

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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 cost-saving inventory reduction strategies

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

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An introduction to quantitative and qualitative demand forecasting models

What is demand forecasting? Demand forecasting is the process of predicting future customer demand for your products to help with...

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