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4 Inventory Management Challenges to Overcome in 2024

Any organization that holds stock is up against a multitude of inventory management challenges. For starters, the international trading landscape...

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Fundamentals of Demand Planning and Forecasting (2024 Guide)

What is demand planning? Demand planning is part of a company’s planning strategy to allocate resources in the best and...

A wall of carboard boxes stacked next to and on top of each other, set back and forward in their stacks steps to reduce excess and obsolete inventory
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5 steps to reduce excess and obsolete inventory in 2024

If you type ‘excess inventory’ or ‘obsolete inventory’ into any search engine, you’ll find a wealth of companies offering to...

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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

Chaos has rocked the world the last few years. The global pandemic, continuing extreme weather events, conflict and natural disasters...

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Sustainable Supply Chain Management Software

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...

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The inventory planner’s guide to managing product life cycle

Every product goes through several phases from its launch to eventual phasing out, which is known as the product life...

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How Does Inflation Affect Supply Chain

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

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Network Demand and Inventory Balancing In A Economic Downturn

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to...

Silver scissors open on a yellow background why cutting software budgets could cost you more in the long run
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Why cutting software budgets now could cost you money in the long run

As we navigate a cost-of-living crisis that has seen prices and inflation soar, budgets are becoming tighter at home and...

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What is inventory optimization?

Inventory optimization is an often-misunderstood term. It isn’t just a fancy way of saying inventory management; it’s a way to...