A dark wooden table with three wooden ABC blocks on their sides. The A is outlined in red, the B is outlines in orange and the C is outlined in blue. Just below them is a wooden abacus lying flat on the table with 1 2 3 4 5 etched into the top and rows of beads in red and yellow partly visible and green and orange rows partly visible.
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How to calculate ABC classification – a working example

What is ABC analysis/ABC classification? Inventory management teams use ABC classification (also called ABC analysis) to help identify the most...

Different-sized cardboard boxes on conveyor rollers ready to be shipped by courier for distribution in warehouse. How to improve inventory turnover
Blog

How to improve inventory turnover – six simple steps

The benefits of improving your inventory turnover If you carry a lot of stock items, you’ll likely have a significant...

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

Closeup of multiple cardboard box packages seamlessly moving along a conveyor belt in a warehouse fulfilment centre using stockturn to optimise your inventory
Blog

Using stock turn rate to optimise your inventory management

For many businesses looking to improve their inventory management, a critical KPI is stock turn rate. Stock turn rate is...

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Artificial intelligence

5 Benefits of artificial intelligence in supply chain management

As global supply chains become more complex, disruption in one link can significantly impact other areas. Therefore, it is essential...

chain on a city background building supply chain resilience
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Five steps to building a resilient supply chain

In the face of unprecedented global events that have posed significant challenges to businesses across the supply chain, the importance...

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

Supply chain risk mitigation

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

Very old-fashioned and early camera against a blight brown backdrop to show obsolete stock
Blog

How to manage dead stock

Having enough stock to meet demand is fundamental to stock-holding businesses. Running out of stock leads to lost sales and...

Broken chain with the broken link glowing red at the ends improving inventory planning during times of disruption
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Improving inventory planning during supply chain disruption

This post focuses on inventory planning and optimising stock levels during periods of supply chain disruption and erratic customer behaviour....

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

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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Demystifying key inventory terms: Your inventory optimisation glossary  

Inventory optimisation is a complex but crucial aspect of supply chain management. However, if you haven’t heard of inventory optimisation,...

Background of multiple red cardboard package boxes stacked at a factory warehouse. the problem with excess stock disadvantages of excess inventory
Blog

What are the disadvantages of excess inventory?

Inventory is pivotal to business success. Without it, you can’t provide the items your customers need, and you’ll probably go...

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