Electrical Supply Distribution Bar Coding 101 Guide

Electrical Supply Distribution Bar Coding Free Guide Is your electrical supply distribution company struggling to manage your inventory and meet customer demands?  As inventory and warehouse management consultants, we specialize in helping you achieve better inventory control.  Download this complimentary…

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The major causes of stock-outs

What causes stock-outs? One common reaction to a stock-out is “the Buyer did not buy enough”. Stock-outs really hurt a business and it is important to understand the cause and not merely deal with the symptoms. We will get back…

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What is a stock-out, and what happens when it occurs?

Stock-outs are commonly reported as the biggest single concern to businesses that supply customers with stock. Every time a customer requests to buy a product that’s stocked-out, there’s a good chance they’ll end up unhappy due to the stocking issue….

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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 forecasts, compute inventory…

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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…

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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. Today’s post deals with the ever-increasing…

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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 inventory outcomes. In today’s post,…

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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? For businesses who have had…

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Inventory classification as easy as A-B-C

In inventory discussions we often hear the word “Classification” and that it is an essential part of the fundamentals of inventory. What is meant by “Classification” and why is it so important?  Is it simply the traditional ABC analysis or…

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Does your inventory need an ABC analysis?

Every day, we talk to people who manage inventory or are a C-level executive in their company who don’t know how to better manage their inventory. They frequently don’t even know where to start. Does that ring a bell for…

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