The success of inventory optimization – and ultimately, positive customer service – relies on a multitude of decisions. Choices are required at every stage of the process to ensure not only that the right products are in the right place, at the right time, but also...
Nobody said this year was going to be easy, but who would have forecast we’d be in this situation 6 months ago? Although COVID-19 first hit the news cycle in December, there was no mention of UK lockdown until at least early March. In fact, rather like Michael Fish...
Current market volatility and turbulent demand patterns call for some ‘padding’ in your inventory in order to satisfy unexpected spikes in demand or issues with supply. A fine balance needs to be struck though – too much excess stock ties up your working...
We’ve previously addressed some of the fundamental issues with employing an Excel-based system. The weaknesses of these models is currently being brought into particularly sharp relief by the volatility of demand levels and changing consumer behaviour. Here, we’re...
Demand planning and inventory management processes exist to help avoid: Unnecessarily high levels of inventory (overstocks) Costly inventory write-offs Excessive use of premium transportation services Missed commitments and poor service levels ERP systems track stock...
The UK appears to be hitting peak supply chain challenge. As the constraints of COVID restrictions have eased, difficulties with driver shortages and availability right the way up the supply chain are coming to light. https://t.co/iPuGZhiowK
Consumer spending is increasing. There are real glimpses of optimism for the retail sector and consumer demand is clearly playing a vital role in driving the economy. Does your firm know how to capitalise on the opportunity? https://t.co/jJ3XhHfZuV
“After exploring several options, it was clear that AGR had the capability to optimise our entire #inventory management process." says Duncan Morrow, Commercial Director at OTL.
