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The word ISO under a magnifying glass ISO and information security
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ISO 27001 and information security

As technology advances, we use more connected devices in our working lives. This brings more opportunities for data breaches and...

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Artificial intelligence

How to cut inventory costs efficiently

If you’re a stock-holding business, it’s hard to balance the amount of stock you hold to meet demand with capital...

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A magnifying glass over the top of a a box with AI in the middle what is artificial intelligence? AI and inventory management
Artificial intelligence

What is artificial intelligence?

AI technology is developing rapidly, with new features hitting the headlines almost daily as companies jostle to showcase their products...

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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 analysis – a working example

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

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EazyStock’s win at the BMF: A testament to our commitment to merchants

We’re thrilled to announce that EazyStock has been honoured with the BMF Service Member Engagement Award 2024! This achievement reflects...

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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.
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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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Orange calculator on the corner of a blue background using the economic order quantity formula in inventory management
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The Economic Order Quantity (EOQ) Formula Explained

The economic order quantity model is used in inventory management to support replenishment activity, but how useful is it in...

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Cardboard boxes flowing down a production line roller conveyor belt with a blurred background of a warehouse to show stock turnover
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How to calculate inventory turnover ratio

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

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A variety of colourful shipping containers stacked in a shipping yard five high and at different heights with blue sky and white clouds
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Cost-effectively filling shipping containers

The effects of COVID-19 on global supply chains hit the shipping industry hard, with displaced containers blocking ports and causing...

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An introduction to information security

Data breaches, usually through cyberattacks, are becoming more common. Not only are they damaging to a firm’s reputation, but they...

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Piles of coins of different heights on a blue background with light shining on the two of the piles 5 inventory reduction methods to deliver cost savings
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5 cost-saving inventory reduction techniques

For businesses that carry non-perishable goods, it’s tempting to order and carry surplus stock to help meet market demand and...

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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...

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