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A close up of a dart board lying slightly to the left on a light background with one red dart in the bullseye to show inventory KPIs
Blog

10 inventory management KPIs for effective inventory analysis

Inventory management KPIs for effective stock management Managing inventory is a complex business. Lots of activities, processes and people are...

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A puzzle made up of different coloured wooden pieces in different shapes put together to form a square on a blue background to show challenges in inventory planning
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4 Inventory Management Challenges to Overcome

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

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Red binoculars at a lookout point looking over the horizon as the sun is rising demand planning and forecasting
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Fundamentals of Demand Planning and Forecasting

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

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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

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 close up of the outside lanes of a running track with hurdles set out
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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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Gold bars stacked three on the bottom, two in the middle and one on the top on a pink background to show a bell curve of a product lifecycle
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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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Man in an orange hard hat holding a box in a warehouse next to a shelving unit full of boxes
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Developing the right inventory management strategies during economic downturns

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

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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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