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How to calculate safety stock (the right way)

Why should I calculate and use safety stock? Determining appropriate levels of stock across a business can be very challenging....

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4 inventory management challenges to overcome for success

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

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The ultimate guide to managing supply chain disruption

What is supply chain disruption? As globalisation encourages supplier networks to extend across the world, the likelihood of supply chain...

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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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A guide to supply chain management in eCommerce

Supply chain management in ecommerce The growth of ecommerce in both the B2C and B2B sectors has bought a wealth...

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Reorder point formula – what every inventory planner needs to know

The reorder point formula The reorder point formula works out when stock hits a level at which it’s the right...

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Bill of materials’ (BOM) importance in inventory management

What is a bill of materials (BOM)? In its simplest form, a bill of materials (BOM) is a list of...

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Improving multi-channel eCommerce inventory management

What is multi-channel ecommerce inventory management? Businesses who have multiple sales channels, including on and offline, require multi-channel ecommerce inventory...

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7 Ways ERP inventory management add-ons can save time and money

How ERP add-ons can add value to your current system’s functionality Enterprise Resource Planning (ERP) systems have become essential business...

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Classifying inventory and optimising stock levels with Dynamics 365 Business Central

Stock classification is an important part of effective inventory management. By grouping stock items based on their value to your...

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How to reduce Brexit’s impact on your supply chain

Brexit supply chain risks Right now, UK businesses are dealing with unprecedented times. The economic, social and political landscape in...

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ERP inventory management: How advanced is your ERP?

What is an ERP? Many organisations have an enterprise resource planning (ERP) system to collect, store, manage, and interpret data...