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Different coloured shipping containers in a shipping yard what are carrying costs and how do they impact profitability
Blog

Inventory Carrying Costs: What It Is & Calculation Guide

Maintaining cost-effective inventory levels is critical for any manufacturer, wholesaler, supplier or retailer. But just how much inventory is the...

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
Blog

5 inventory reduction strategies to drive cost savings

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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Blog

COVID-19 Inventory Planning Guide

In this four-part blog series we look at the impact COVID-19 has had on supply chains and how inventory optimization...

Red steel safe with mechanical combination lock on shelf, the secret to improving stock availability without increasing inventory
Blog

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
Blog

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
Blog

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...

Shelf rack full of cartons at logistics warehouse with more boxes piled in front the causes of excess inventory
Blog

8 causes of excess inventory and carrying too much stock

8 reasons why you’re carrying too much inventory Below we’re going to investigate why businesses end up with too much...

Boxes and pallets stacked in a warehouse high inventory levels overcoming the problem overcoming high inventory levels
Blog

High inventory levels: overcoming the challenge

High inventory levels: a problem for everyone Small and mid-sized businesses (SMBs) often ignore high inventory levels. Either they don’t...

Aerial view of a cargo ship with freight shipping containers why ignoring automated inventory management is killing your supply chain
Blog

Automated Inventory Management: 5 Benefits Explained

You’ve heard about robots in the warehouse and self-driving trucks, but automation is taking over even more areas in the...

A close up of a person's hands using a laptop, typing with left hand and holding a credit card in the right hand. ecommerce inventory management. online inventory management.
Blog

4 B2B eCommerce Supply Chain Management Tactics

eCommerce and wholesale – the next big thing The eCommerce industry is booming! When people think about eCommerce, they tend...

An orange background with a calendar with sticky markers and pins on how to manage changing holiday demand for distributors
Blog

4 Tactics For Efficient Holiday Season Order Fulfillment

Holidays throw item demand into chaos for retailers – which means that distributors need to be on top of their...

white chess pieces on a blue background, optimizing the warehouse with strategic supplier selection
Blog

Supplier Selection Criteria & Process Explained

In the wholesale distribution of nonperishable goods, a winning strategy is key to ensure profitability of the operation. Throughout the...

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