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    Moving on from your inventory spreadsheet

    Moving on from your inventory spreadsheet


    We’ve covered the hidden costs, the data issues, the unforeseen complexities, and the workplace challenges that are directly related to managing your inventory on a spreadsheet. But the question remains: what are the other options? Read More

    Are you a slave to your inventory planning spreadsheet?

    Are you a slave to your inventory planning spreadsheet?


    We have identified that there are hidden costs associated with choosing Excel as your inventory planning tool of choice, highlighted that the problems usually start with your data, and suggested that ever-increasing complexity impacts sustainable... Read More

    More spreadsheet complexity results in bigger inventory problems

    More spreadsheet complexity results in bigger inventory problems


    Previously in this series, we identified the hidden costs associated with using spreadsheets to plan your inventory, and we explored how important it is to have accurate, synchronised data and appropriate inventory planning inputs. Read More

    Problems with your inventory planning spreadsheet start with your data

    Problems with your inventory planning spreadsheet start with your data


    In the first blog in this series on the hidden costs associated with using spreadsheets to plan your inventory, we covered how Excel has become the “planning tool of choice” for many businesses to handle all or part of their inventory forecasting,... Read More

    The hidden costs of using spreadsheets to plan your inventory

    The hidden costs of using spreadsheets to plan your inventory


    The vast majority of businesses use spreadsheets to do all or part of their inventory forecasting, planning, and purchasing. Even large businesses with very expensive ERP systems resort to extracting and manipulating data in order to generate... Read More

    Is poor management of your Inventory Management System a risk to your business?

    Is poor management of your Inventory Management System a risk to your business?


    Virtually every company that holds inventory to provide an acceptable level of service to its customers, has experienced the negative effects of both unhappy customers and the loss of a customer as a result of stock-outs. At the same time, there... Read More

    Stockholding models and stock policy

    Stockholding models and stock policy


    In what way are these helpful? These terms are often used in conjunction with one another.  Let's explore the relationship between them.  In the process, we’ll look at how and why Policy impacts on your inventory and whether or not the model is of... Read More

    Supplier performance costing you money

    Supplier performance costing you money


    Is supplier performance really important? To a great extent, improving customer fill rates while reducing the working capital tied up in inventory is achieved by managing the risk in the supply chain. In this blog post, our focus is on “supply risk”. Read More

    Is your inventory management system delivering value?

    Is your inventory management system delivering value?


    Despite using an Inventory Management System (IMS) are you still experiencing stock outs and excess inventory and suspect you are not getting full value from the system? Read More

    New items may be costing you a lot of money

    New items may be costing you a lot of money


    Managing New items effectively There is hardly a business that does not find it necessary to launch new products from time to time. The shorter the product life cycle, the more frequently launches are likely to occur. Some businesses are dependent... Read More