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Mark Chapman

Leveraging inventory strategy in the CBAM era—Featuring insights from Paul Gordon, Olympic Fixings

 What is CBAM?  In pursuing a greener future, the European Union’s Carbon Border Adjustment Mechanism (CBAM) has emerged, redefining the...

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Traditional red Chinese New Year lanterns for Chinese New Year supply chain disruptions

Inventory planning to reduce Chinese New Year disruption

Smart inventory managers plan for Chinese New Year many months before the event. The more prepared you are, the greater...

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Different coloured cogs of different sizes connected on a yellow background supply chain risk mitigation strategies supply chain risk strategies

Supply chain risk mitigation

As we ride each wave of supply chain disruption, we hope it will be the last. However, the world is...

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Close up of shipping containers on a cargo ship heading toward a port with other ships red sea shipping disruption supply chain issues

How to overcome Red Sea supply chain disruption

Why are there global shipping issues? Once again, global shipping is experiencing potential long-term disruption, this time due to Houthi...

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Shelf rack full of cartons at logistics warehouse with more boxes piled in front the causes of excess inventory

The causes of excess inventory

8 reasons you’re carrying too much inventory What is excess inventory? Excess inventory refers to when stock for an item...

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A close-up of a laptop with the screen showing a bar chart with orange bars, with a blue line chart over the top. The orange block shows an increasing trend, and the blue line is around the middle of the orange block but ends above it. The background is two shades of orange. How to calculate forecast accuracy and forecast error.

How to calculate forecast accuracy and forecast error

What is forecast accuracy? Forecast accuracy measures how close your demand forecast is to the actual demand value. You can...

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Seasonal demand forecasting (2024 Guide)

What is seasonal demand? Seasonal demand is defined as a time series with repetitive or predictable patterns of demand, due...

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Big data and inventory management explained

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number...

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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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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

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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A crystal ball on a pale pink background to show demand forecast accuracy

Improving demand forecasting accuracy

The importance of demand forecasting accuracy In supply chain management it’s important to be able to measure the accuracy of...

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A white notebook on top of a brown, cardboar, side spiral-bound notebook at an angle with a pencil on top. There's a pair of black framed glasses at the top of the shot and a cactus in a green plant point partly in the top left corner. The background is yellow. An introduction to quantitative and qualitative inventory forecasting models

An introduction to quantitative and qualitative demand forecasting models

What is demand forecasting? Demand forecasting is the process of predicting future customer demand for your products to help with...

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