Inventory Reduction Strategies

5 inventory reduction methods to deliver cost savings

6 min read

For businesses that carry non-perishable goods it’s tempting to order and carry surplus stock to help meet market demand and hit order fulfilment targets. In some circumstances carrying excess stock can be a good thing: having all items in stock helps avoid costly back orders and keeps customers happy. However,...Read more

Inventory management challenges

Inventory management challenges to address in 2020 & beyond

3 min read

Any organisation that holds stock is up against a multitude of inventory management challenges. For starters, the international trading landscape is more unstable than ever. In addition, customer needs are constantly changing and e-commerce is driving increased competition from traders across the globe. Manufacturers, suppliers and retailers all have lots...Read more

Covid 19 supply chain disruptiion

Coronavirus series part 4 – Managing supply chain disruption…

5 min read

In our four-part-blog series on coronavirus and its impact on inventory management we’ve so far looked at how to overcome Covid-19 demand forecasting challenges and improving inventory planning during the pandemic. Now we’re going to focus on mitigating the risks of supply chain disruption as we move out of lockdown...Read more

Inventory planning and management during Covid 19

Coronavirus series part 3 – Improving inventory planning during…

5 min read

In this four-part blog series we look at the impact Covid-19 has had on supply chains and how inventory optimisation software can help. So far we’ve discussed how to overcome demand forecasting challenges due to the coronavirus. In this post we focus on inventory planning and how to optimise stock...Read more

Covid 19 demand forecasting challenges

Coronavirus series part 2 – Overcoming demand forecasting challenges…

5 min read

Covid-19 has had a profound impact on global marketplaces, with customer demand and inventory supply more erratic and complex than ever before. The effects of Covid-19 has put supply chain management (SCM) teams well and truly in the spotlight, as they play a crucial role in ensuring business continuity for...Read more

coronavirus inventory management challenges

Coronavirus blog series – Inventory management challenges & solutions

6 min read

The coronavirus pandemic has highlighted many weaknesses in supply chains across the globe. Common challenges include unpredictable customer behaviour, unreliable inventory supplies, rising logistical costs and internal capacity constraints. It’s already apparent that those supply chain management (SCM) teams that can adapt their operations and respond quickly to these issues...Read more