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

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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...

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

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

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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...

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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
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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...

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

The current causes of stockouts Since the coronavirus pandemic took hold, businesses across the globe have faced stock availability challenges....

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A row of red flags blowing in the wind with a sun set in the background with white clouds and some blue patches to show warnings
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8 Reasons to improve demand and inventory planning

Do you need better demand and inventory planning? Many inventory planners find that their current processes are sufficient for basic...

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Presents stacked flat on a pale blue background to represent a Christmas tree seasonal sales seasonal forecasting
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What is seasonal demand forecasting; why is it important?

Seasonal demand forecasting Seasonal demand forecasting can often be one of the most difficult areas of your inventory management processes...

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