What is demand forecasting? Demand forecasting is the process of predicting future customer demand for your products to help with...
As global supply chains become more complex, disruption in one link can significantly impact other areas. Therefore, it is essential...
Having enough stock to meet demand is fundamental to stock-holding businesses. Running out of stock leads to lost sales and...
This post focuses on inventory planning and optimizing stock levels during periods of supply chain disruption and erratic customer behavior....
8 reasons you’re carrying too much inventory What is excess inventory? Excess inventory refers to when stock for an item...
Inventory is pivotal to business success. Without it, you can’t provide the items your customers need, and you’ll probably go...
ABC analysis in inventory management Managing thousands of stock items from various suppliers and delivering them to an extensive customer...
Black Friday (Nov 24 this year) is one of the year’s biggest shopping days when physical stores and eCommerce tempt...
Chaos has rocked the world the last few years. The global pandemic, continuing extreme weather events, conflict and natural disasters...
Smart inventory managers plan for Chinese New Year (aka Lunar New Year) many months before the event. The more prepared...
Every product goes through several phases from its launch to eventual phasing out, which is known as the product life...
What is MOQ, and how do you overcome its challenges? ABC, ERP, EOQ, JIT… acronyms are everywhere in inventory and...
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