Purchasing & Replenishment Blog

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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...

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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...

An articulated lorry backed up to the loading bay of a warehouse with its doors open. There are several pallets of boxes set on the loading bay. There are seven doors and a large canopy. The body of the lorry is red corrugated iron like a shipping container, with yellow axles and blue wheel trims. Effective stock replenishment

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The ‘why’ and the ‘how’ of effective stock replenishment

Stock replenishment processes are an important aspect of inventory management, as they ensure the right stock items are being reordered...

A close up of a person's hands using a laptop, typing with left hand and holding a credit card in the right hand. ecommerce inventory management. online inventory management.

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Improving multi-channel eCommerce inventory management

What is multi-channel ecommerce inventory management? Businesses who have multiple sales channels, including on and offline, require multi-channel ecommerce inventory...

Aerial top down view crane loading container from container truck in a shipping yard the key to effective inventory replenishment planning

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What is replenishment planning, and why do you need it?

The key to unlocking effective inventory replenishment planning UK businesses are under constant pressure to improve operational efficiency and service...

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How to improve inventory forecasting and replenishment

Inventory forecasting and replenishment Stock availability and speed of delivery are key factors for businesses in both B2B and B2C...

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...

wooden scale of a large wooden ball with a wooden plank balancing one big white speckled ball and four small ones using the economic order quantity formula in inventory management

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The problem with the Economic Order Quantity (EOQ) model

The economic order quantity (EOQ) model is a fairly popular means of calculating inventory reorder quantities and working out how...