Traditional red Chinese New Year lanterns for Chinese New Year supply chain disruptions
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Inventory planning to reduce Chinese New Year disruption

Smart inventory managers plan for Chinese New Year many months before the event. The more prepared you are, the greater...

Gold bars stacked three on the bottom, two in the middle and one on the top on a pink background to show a bell curve of a product lifecycle
Blog

The inventory planners guide to managing the product life cycle

Every product goes through several phases from its launch to eventual phasing out, which is known as the product life...

Coloured pencils in a line on a grey background at different heights going up and down from shades of blue, to green to yellow to orange, to red to purple
Blog

How do you forecast lumpy demand?

What is demand forecasting? Inventory demand forecasting is how companies predict customer demand for an inventory item over a defined...

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

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...

lines of binary data on a screen in different shades of blue and white
Blog

Big data and inventory management explained

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number...

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
Blog

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
Blog

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
Blog

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...

Boxes on a low loader in the middle of an aisle in a warehouse with shelves either side stacked with boxes
Blog

What is a just-in-case inventory management strategy?

In the early 1980s, just-in-time supply chain management emerged as a way for businesses to reduce stock levels and hold...

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
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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...

Arms of a woman wearing a yellow jumper holding a gold credit card buying something using her phone while a man in a blue/grey jumper sits next to her and has his hand resting on the one that's holding the phone. There's an iPad on a dark wooden table in front of them how to optimise inventory management for ecommerce
Blog

How to improve eCommerce inventory management

Better inventory management for ecommerce businesses Since the coronavirus pandemic, the growth in ecommerce sales has been phenomenal.  But if...

Black binoculars lying flat on a green background. The photo is taken from above. Demand forecasting techniques for better inventory management
Blog

8 demand forecasting techniques for better inventory management

What is demand forecasting? We can’t accurately predict the future without being able to travel through time. So, when it...

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