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.

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...

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

What are carrying costs, and how are they calculated?

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

Coronavirus Stock Tips For EazyStock Customers

The world is facing unprecedented times as the effects and consequences of COVID-19 make their mark on businesses, large and...

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Improving customer service levels with better supply chain management

What are key performance indicators? Key performance indicators (KPIs) act as a set of quantifiable, measurable values that demonstrate how...