Traditional red Chinese New Year lanterns for Chinese New Year supply chain disruptions
Blog

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...

cardboard box and stack of parcels behind it on wooden floor in a warehouse how to manage excess stock
Blog

How to deal with excess stock

Excess stock, regardless of a company’s efficiency and stock control, can accumulate in the warehouse. This surplus not only occupies...

Världskarta upplyst av ljus.
Blog

Choosing the right supplier location strategy

In today’s connected global economy, businesses face numerous challenges in optimising their supply chains. Suppliers are fundamental to success. If...

Industrial robot arm loading carton on conveyor in a factory. Supplier order calendars
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Managing supplier shutdowns with order calendars

We know it’s stating the obvious, but if suppliers can’t fulfil your orders, you can’t meet customer demand. If you...

Ein roter Hintergrund mit Holzblöcken, die mit A, B und C gekennzeichnet sind. Das A ist in Rot mit einem roten Rand, das B ist in Gelb mit einem gelben Rand und das C ist in Blau mit einem blauen Rand ABC-Analyse ABC XYZ
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An explanation of ABC XYZ inventory analysis and why it adds value

In previous posts, we’ve discussed the benefits of ABC classification models and how to use them to improve inventory control...

A close up of a dart board lying slightly to the left on a light background with one red dart in the bullseye to show inventory KPIs
Blog

10 Inventory management KPIs for 2025

Inventory management KPIs for effective stock management Managing inventory is a complex business. Lots of activities, processes and people are...

Rekenmachine op een geprint spreadsheet
Artificial intelligence

How to cut inventory costs efficiently

If you’re a stock-holding business, it’s hard to balance the amount of stock you hold to meet demand with capital...

A dark wooden table with three wooden ABC blocks on their sides. The A is outlined in red, the B is outlines in orange and the C is outlined in blue. Just below them is a wooden abacus lying flat on the table with 1 2 3 4 5 etched into the top and rows of beads in red and yellow partly visible and green and orange rows partly visible.
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How to calculate ABC analysis – a working example

What is ABC analysis/ABC classification? Inventory management teams use ABC classification (also called ABC analysis) to help identify the most...

Cardboard boxes flowing down a production line roller conveyor belt with a blurred background of a warehouse to show stock turnover
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How to calculate inventory turnover ratio

What is inventory turnover? Different products sell at different rates. Some will fly out of the door as soon as...

A variety of colourful shipping containers stacked in a shipping yard five high and at different heights with blue sky and white clouds
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Cost-effectively filling shipping containers

The effects of COVID-19 on global supply chains hit the shipping industry hard, with displaced containers blocking ports and causing...

Piles of coins of different heights on a blue background with light shining on the two of the piles 5 inventory reduction methods to deliver cost savings
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5 cost-saving inventory reduction techniques

For businesses that carry non-perishable goods, it’s tempting to order and carry surplus stock to help meet market demand and...

A yellow background with three red, wooden blocks stacked on top of each other haphazardly the top one has a pink A, the middle one has a pale blue B and the bottom one has a yellow c ABC analysis in stock management
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Importance of ABC analysis in inventory management

ABC analysis in inventory management Managing thousands of stock items from various suppliers and delivering them to an extensive customer...