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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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Effective stock replenishment: why you need it & how to achieve it

Stock replenishment is an important aspect of inventory management, as it ensures the right stock items are being reordered to...

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: The Ultimate Guide

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

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...

Piles of coins of different heights on a blue background with light shining on the two of the piles 5 inventory reduction methods to deliver cost savings
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5 inventory reduction strategies to drive cost savings

For businesses that carry non-perishable goods it’s tempting to order and carry surplus stock to help meet market demand and...

Computer screen showing charts and analysis on a table in a warehouse ERP how advanced is your ERP system
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4 Ways to Use Technology in Inventory Management

Inventory is the biggest entry in the balance sheet of many distribution companies and fast deliveries are becoming increasingly important...

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COVID-19: Managing Supply Chain Risk and Disruption

In our four-part blog series on Coronavirus and its impact on inventory management, so far we’ve looked at how to...

HVAC units (heating, ventilation and air conditioning) inventory challenges or HVAC distributors
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HVAC Inventory Management and Supply Chain Issues

Market trends for the HVAC industry The HVAC industry is unforgiving to distributors who are not on top of their...

Red steel safe with mechanical combination lock on shelf, the secret to improving stock availability without increasing inventory
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How to improve stock availability

Stock availability: a common inventory management challenge The global marketplace is constantly evolving due to political, economic, technological and social...

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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Economic Order Quantity (EOQ) Guide With Graph Explanation

What is economic order quantity (EOQ)? Economic order quantity (EOQ) concerns the most cost-efficient method of ordering stock. The objective...

A row of red flags blowing in the wind with a sun set in the background with white clouds and some blue patches to show warnings
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What is Inventory Planning: 8 Signs Why You Need It

Do you need inventory planning software? Enterprise Resource Planning (ERP) platforms are a big investment for any organization. They also...

Shelf rack full of cartons at logistics warehouse with more boxes piled in front the causes of excess inventory
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8 causes of excess inventory and carrying too much stock

8 reasons why you’re carrying too much inventory Below we’re going to investigate why businesses end up with too much...

cardboard box and stack of parcels behind it on wooden floor in a warehouse how to manage excess stock
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How to manage excess stock in your inventory

What is excess stock? Excess stock is a common term used in inventory management for when inventory levels exceed forecasted...