Feature Authors

Peter Drakeley

Peter Drakeley is CRO and Chief Inventory Optimisation Geek at EazyStock, sharing a wealth of experience working with businesses of all sizes across diverse industries. Peter is a versatile supply chain expert with a keen interest in AI applications. Such is his passion for inventory that after a long day of optimising, he spends his nights deep in textbooks, finalising his PhD in Supply Chain Systems Adoption. When he’s not optimising, Peter can be found coaching sports teams, reading, and playing rock ‘n’ roll. He used to be in a band but never talks about it.
A close up of a dart board lying slightly to the left on a light background with one red dart in the bullseye to show inventory KPIs

14 Supply chain and inventory management KPIs to improve performance in 2026

Inventory management KPIs for effective stock management Managing inventory is a complicated process. Many activities, processes, and people are involved...

Rekenmachine op een geprint spreadsheet

How to cut inventory costs efficiently

If you’re a stock-holding business, it’s hard to balance the amount of stock you hold to meet demand with capital...

A magnifying glass over the top of a a box with AI in the middle what is artificial intelligence? AI and inventory management

What is artificial intelligence?

AI technology is developing rapidly, with new features hitting the headlines almost daily as companies jostle to showcase their products...

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.

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...

Cardboard boxes flowing down a production line roller conveyor belt with a blurred background of a warehouse to show stock turnover

How to calculate inventory turnover ratio

What is inventory turnover? Different products sell at different rates. Some will fly out of the door as soon as...

Ein roter Hintergrund mit Holzblöcken, die mit A, B und C gekennzeichnet sind. Das A ist in Rot mit einem roten Rand, das B ist in Gelb mit einem gelben Rand und das C ist in Blau mit einem blauen Rand ABC-Analyse ABC XYZ

An explanation of ABC XYZ inventory analysis and why it adds value

In previous posts, we’ve discussed the benefits of ABC classification models and how to use them to improve inventory control...

A yellow background with three red, wooden blocks stacked on top of each other haphazardly the top one has a pink A, the middle one has a pale blue B and the bottom one has a yellow c ABC analysis in stock management

Importance of ABC analysis in inventory management

ABC analysis in inventory management Managing thousands of stock items from various suppliers and delivering them to an extensive customer...

Different-sized cardboard boxes on conveyor rollers ready to be shipped by courier for distribution in warehouse. How to improve inventory turnover

How to improve inventory turnover – six simple steps

The benefits of improving your inventory turnover If you carry a lot of stock items, you’ll likely have a significant...

Closeup of multiple cardboard box packages seamlessly moving along a conveyor belt in a warehouse fulfilment centre using stockturn to optimise your inventory

Using stock turn rate to optimise your inventory management

For many businesses looking to improve their inventory management, a critical KPI is stock turn rate. Stock turn rate is...

A robot hand placing a circular wooden block into a circular hole in a wooden box

5 Benefits of artificial intelligence in supply chain management

As global supply chains become more complex, disruption in one link can significantly impact other areas. Therefore, it is essential...

Sustainable supply chain management explained

Improving businesses and the environment  In today’s fast-paced business landscape, inventory management plays a crucial role in determining a company’s...

Why is data-driven inventory management important?

In the rapidly evolving business landscape, staying ahead of the competition requires more than just good instincts – it demands...