Background Image

Topic: stock demand

The Probabilistic Model of Inventory Control Explained

Regardless of the industry, it is necessary for manufacturers and retailers to maintain the right quantities of inventory stock to ensure the smooth running of production operations and sales activities. Holding certain levels of inventory stock helps companies to avoid lost sales, will reduce ordering costs, help to maintain efficient production r ... Read More

  May 30, 2019     

Making Smarter Merchandising Decisions with Better Inventory Management

Selecting the appropriate types and quantities of merchandise for your business can be a real challenge, especially as your business begins to grow. Managing your inventory well can help take the guesswork out of purchasing decisions, and lead to more profitability and less wastage. In this article, we explore how business owners and inventory mana ... Read More

  April 20, 2019     

A vital ingredient for efficient food manufacturing

Effective inventory management is crucial to reducing costs in any manufacturing business. This is particularly true in the food manufacturing industry, which characteristically has a high volume of products stored, the need to fill existing client orders and to match ongoing consumer demand with product availability. Cost reductions in food manufa ... Read More

  October 8, 2016     

The Dangers of Understocking

If every inventory manager or business owner were to sit down and write a list of their biggest inventory nightmares, it’s a safe bet that ‘stock-outs’ would sit near the top of most lists. And with good reason, as having enough stock to satisfy demand is the central task of any inventory-centric business. ... Read More

  September 26, 2016