Inventory Management Blog

A yellow background with three red, wooden blocks stacked on top of each other haphazardly the top one has a pink A, the middle one has a pale blue B and the bottom one has a yellow c ABC analysis in stock management

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Importance of ABC analysis in inventory management

ABC analysis in inventory management Managing thousands of stock items from various suppliers and delivering them to an extensive customer...

Close up of a tablet in someone's hand showing inventory data with a warehouse in the background managing inventory in a growing business

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How to manage inventory effectively in a growing business

Inventory management, business growth and expanding product ranges There are several reasons you could be expanding your product portfolios. Whether...

Metal shopping trolley with a yellow handle on a red background

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Overcoming Black Friday inventory management challenges

Black Friday, 24 November, is one of the year’s biggest shopping days when physical stores and e-commerce tempt shoppers with...

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

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10 Inventory management KPIs for 2024

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

A low automated guided cart following a yellow line around a warehouse with a box on top next to a rack of shelving with boxes warehouse technology and supply chain management

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Benefits of warehouse automation in supply chain management

Warehouse technologies and automated systems can help solve warehouse and supply chain issues cost-effectively. The right technologies can increase efficiency...

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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How to deal with fluctuating demand when forecasting 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

The last few years have seen the world rocked by many chaotic events. The global pandemic, continuing extreme weather events,...

Brown boxes with small white labels in the top left corner all stacked on top of each other so you can only see boxes safety stock why safety stock is important

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Importance of safety stock in inventory management (2024 Guide)

What is safety stock? Safety stock, sometimes called buffer stock, is an important aspect of inventory management and should be...

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Sustainable Supply Chain Management

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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Why is data-driven inventory management important?

In the rapidly evolving business landscape, staying ahead of the competition requires more than just good instincts – it demands...

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 planners guide to managing the product life cycle

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