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Computer screen showing charts and analysis on a table in a warehouse ERP how advanced is your ERP system
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ERP inventory management: How advanced is your ERP?

What is an ERP? Many organisations have an enterprise resource planning (ERP) system to collect, store, manage, and interpret data...

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Warehouse shelves full of boxes to show low stock turnover
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The causes and consequences of low inventory turnover

What is low inventory turnover? Low inventory turnover occurs when stock items are slow to move through the business. For...

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A black calendar with white text on the corner of a blue background to show stock days why service levels are better than stock days when managing inventory
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What is service level in inventory management?

For many years, inventory-holding businesses have used stock days in their inventory management calculations to determine whether they have the...

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Different coloured shipping containers in a shipping yard what are carrying costs and how do they impact profitability
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What are carrying costs, and how are they calculated?

Maintaining cost-effective inventory levels is critical for any manufacturer, wholesaler, supplier or retailer. But just how much inventory is the...

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Different coloured floppy disks on a tables
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Obsolete inventory management: the causes and cures

What is obsolete inventory? Obsolete inventory refers to stock that has seen no demand for a prolonged period of time,...

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Red steel safe with mechanical combination lock on shelf, the secret to improving stock availability without increasing inventory
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What is stock availability, and how can you improve it?

Improving stock availability – without carrying excess stock For many businesses, stock availability is critical to delivering excellent customer service....

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February 2019 Automation Hero: Johan Andersson of Hinz

February 2019 Automation Hero: Johan Andersson Name: Johan Andersson Title: Sparepart Manager Company: Hinz Försäljnings AB Congratulations on the award...

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Improving customer service levels with better supply chain management

What are key performance indicators? Key performance indicators (KPIs) act as a set of quantifiable, measurable values that demonstrate how...

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