Keep lost sales low. Calculate the safety stock

Keep lost sales low. Calculate the safety stock

In some cases, unexpected increases in demand and/or delivery problems lead your stock level to drop faster than expected. In these cases, it’s important to maintain safety stock to deal with these situations. What is it, why do you need this buffer, and what could go...
Inventory costs: how do you keep them low?

Inventory costs: how do you keep them low?

“How can I, as a company, control my dead stock as much as possible?” This is a question that concerns many entrepreneurs and wholesalers. It sounds like a great idea to buy the same products in bulk for an extra discount, right? The danger of this is buying too much...
Technical and economic inventory, what are they?

Technical and economic inventory, what are they?

The warehouse is the beating heart of your organization, where products are received and shipped on a daily basis. As an entrepreneur you’re focused on progress, but you also notice that the processes in the ‘dynamic’ warehouse sometimes get stuck, and...