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 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...

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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...

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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...

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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...

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...