Cardboard boxes flowing down a production line roller conveyor belt with a blurred background of a warehouse to show stock turnover
Blog

How to calculate inventory turnover ratio – what’s good and bad?

What is inventory turnover? Different products sell at different rates. Some will fly out of the door as soon as...

Different coloured coins balancing in a pile with others scattered on a table.
Blog

How does inflation affect global supply chains?

Supply chain managers and inventory management professionals face a constant barrage of supply-chain crises, with one always waiting around the...

Man in an orange hard hat wearing a grey t-short and blue dungarees holding a box in a warehouse, looking up at a more boxes stacked on shelves.
Blog

Inventory management strategies during an economic downturn

Companies that use the right strategies in purchasing and logistics can gain advantages during these unique, uncertain times and, during...

Silver scissors open on a yellow background why cutting software budgets could cost you more in the long run
Blog

The hidden costs of cutting software budgets

As we navigate a cost-of-living crisis that has seen prices and inflation soar, budgets are becoming tighter at home and...

Brown boxes stacked on top of each other filling a shipping container from top to bottom and side to side. The container is grey metal and the doors are open.
Blog

Understanding minimum order quantity (MOQ) and its issues

What is an MOQ, and how do you overcome its challenges? ABC, ERP, EOQ, JIT…acronyms are everywhere in inventory and...

A blue background with three white circles on the right-hand side of slightly different sizes with cut-out question marks showing the blue background
Blog

Why is inventory optimisation better than inventory management?

Inventory optimisation is an often-misunderstood term. It isn’t just a fancy way of saying inventory management; it’s a way to...

lines of binary data on a screen in different shades of blue and white
Blog

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...

A white calculator with an orange frame around the screen next to a white pen with an orange surround around the tip and the top on a spreadsheet
Blog

Why inventory managers need to understand inventory value

Often, businesses focus on inventory management from a supply chain perspective – holding enough stock to meet customer demand and...

Four wooden cogs of different sizes on a wooden table to show supply chain resilience and optimisation
Blog

The ultimate guide to supply chain optimisation

What does supply chain optimisation mean? Put simply, supply chain optimisation means using technology to get inventory to the right...

Multiple pins stuck into a light table connected with string to show supply chains
Blog

How to develop an effective supply chain strategy

What is a supply chain strategy? A supply chain strategy explains how a company plans to bring goods into the...

Boxes on a low loader in the middle of an aisle in a warehouse with shelves either side stacked with boxes
Blog

What is a just-in-case inventory management strategy?

In the early 1980s, just-in-time supply chain management emerged as a way for businesses to reduce stock levels and hold...

Ein roter Hintergrund mit Holzblöcken, die mit A, B und C gekennzeichnet sind. Das A ist in Rot mit einem roten Rand, das B ist in Gelb mit einem gelben Rand und das C ist in Blau mit einem blauen Rand ABC-Analyse ABC XYZ
Blog

An explanation of ABC XYZ inventory analysis and why it adds value

In previous posts, we’ve discussed the benefits of ABC classification models and how to use them to improve inventory control...

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