Inventory Management

Close up of a tablet in someone's hand showing inventory data with a warehouse in the background managing inventory in a growing business

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How To Manage Inventory Effectively (2024 Guide)

Inventory management, business growth and expanding product ranges Businesses can expand their product portfolios for several reasons. Sometimes, because customers...

Metal shopping trolley with a yellow handle on a red background

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Overcoming Black Friday inventory management challenges

Black Friday, 24 November, is one of the year’s biggest shopping days when physical stores and e-commerce tempt shoppers with...

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

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10 inventory management KPIs to improve inventory performance

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

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Demand forecasting challenges – how to deal with fluctuating demand

Global marketplaces have been rocked over recent years, with customer demand and inventory supply more erratic and complex than ever...

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Overcoming inventory management challenges

The last few years have seen the world rocked by many chaotic events. The global pandemic, continuing extreme weather events,...

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Sustainable supply chain management

Improving businesses and the environment In today’s fast-paced business landscape, inventory management plays a crucial role in determining a company’s...

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Data-driven inventory management: The secret to business success

In the rapidly evolving business landscape, staying ahead of the competition requires more than just good instincts – it demands...

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

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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...

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’s good and bad?

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

Different coloured coins balancing in a pile with others scattered on a table.

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How does inflation affect supply chains?

Supply chain managers and inventory management professionals face a constant barrage of supply-chain crises, with one always waiting around the...

Man in an orange hard hat wearing a grey t-short and blue dungarees holding a box in a warehouse, looking up at a more boxes stacked on shelves.

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Winning tactics for stockholding companies during an economic downturn

Companies that use the right strategies in purchasing and logistics can gain advantages during these unique, uncertain times and, during...