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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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Managing inventory during shipping container shortages

The effects of COVID-19 on global supply chains have been far-reaching. In particular, the shipping industry has been hit due...

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
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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...

Close up of an abacus with different coloured beads on each metal line - dark green light green, yellow, orange, pink and purple - on a wooden table to show how to calculate safety stock
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How to calculate safety stock (the right way)

Why should I calculate and use safety stock? Determining appropriate levels of stock across a business can be very challenging....

Forklift Tractor Loading Package Boxes into Cargo Container at a warehouse
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Reorder point planning: How to calculate reorder points

What is reorder point planning? Reordering point planning involves calculating when stock levels hit a point at which it’s the...

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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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Reorder point formula – what every inventory planner needs to know

The reorder point formula The reorder point formula works out when stock hits a level at which it’s the right...

Close up of piles of coins stacked next to each other with coins scattered on the table in front of the pile inventory replenishment best practice to increase profits
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Inventory replenishment best practice to increase profits

What is inventory replenishment? Inventory replenishment (stock replenishment) is the process of moving stock items along the supply chain to...

A white pole with a white arrow road sign pointing left, just under a white arrow road sign pointing right. The left-facing arrow is on a red background, and the right-facing arrow is on a blue background. What's better? You ERP system or inventory optimisation software?
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7 Reasons EazyStock is better than a stock ordering system

EazyStock vs your stock ordering system: Who wins the battle? One of the most common questions our team get’s asked...

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Bill of materials’ (BOM) importance in inventory management

What is a bill of materials (BOM)? In its simplest form, a bill of materials (BOM) is a list of...

A white wooden background with a white u-bend and some gold and silver plumbing fixtures, a silver plug drain and a silver spanner to show bill of materials
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Bill of Materials inventory management – how to improve BOM forecasting and planning

When finished goods are built from a set of components, a Bill of Materials (BOM) is extremely useful for inventory...

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