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.

Different coloured coins balancing in a pile with others scattered on a table.

How does inflation affect global supply chains?

Supply chain managers and inventory management professionals face a constant barrage of supply-chain crises, with one always waiting around the...

Silver scissors open on a yellow background why cutting software budgets could cost you more in the long run

The hidden costs of cutting software budgets

As we navigate a cost-of-living crisis that has seen prices and inflation soar, budgets are becoming tighter at home and...

Red binoculars at a lookout point looking over the horizon as the sun is rising demand planning and forecasting

The fundamentals of demand planning and forecasting

What is demand planning? Demand planning is part of a company’s planning strategy to allocate resources in the best and...

Abstract tech background made of printed circuit board. Depth of field effect and bokeh. internet connections, cloud computing and neural network, big data.

How cloud computing can make supply chains more competitive

More traditional supply chain strategies originated when the business environment was steadier. When business cycles are predictable, and demand is...

A white calculator with an orange frame around the screen next to a white pen with an orange surround around the tip and the top on a spreadsheet

Why inventory managers need to understand inventory value

Often, businesses focus on inventory management from a supply chain perspective – holding enough stock to meet customer demand and...

Four wooden cogs of different sizes on a wooden table to show supply chain resilience and optimisation

The ultimate guide to supply chain optimisation

What does supply chain optimisation mean? Put simply, supply chain optimisation means using technology to get inventory to the right...

Multiple pins stuck into a light table connected with string to show supply chains

How to develop an effective supply chain strategy

What is a supply chain strategy? A supply chain strategy explains how a company plans to bring goods into the...

A wooden dice with a plus sign on one side and minus sign on the adjacent side on a wooden table next to a light blue wall what are the fundamental differences between jut-in-time and just-in-case stock control

Just-in-time vs Just-in-case stock control – a guide

JIT v JIC stock management For years companies have operated a just-in-time (JIT) supply chain model, only ordering stock items...

Reorder point formula – what every inventory planner needs to know

The reorder point formula The reorder point formula works out when stock hits a level at which it’s the right...

How to reduce Brexit’s impact on your supply chain

Brexit supply chain risks Right now, UK businesses are dealing with unprecedented times. The economic, social and political landscape in...

Warehouse shelves full of boxes to show low stock turnover

The causes and consequences of low inventory turnover

What is low inventory turnover? Low inventory turnover occurs when stock items are slow to move through the business. For...

A black calendar with white text on the corner of a blue background to show stock days why service levels are better than stock days when managing inventory

What is service level in inventory management?

For many years, inventory-holding businesses have used stock days in their inventory management calculations to determine whether they have the...