OUR Blog
Finstock is as serious about reliable and relevant information as you are about your business and supply chain.
Below is some curated content to keep you at the cutting edge of supply chain planning.
Boost your Supply Chain Performance with Smart Business Processes
Management aims to ensure efficient operations and high customer satisfaction. However, certain practices and KPIs can become obstacles to your supply chain success. What are some common issues that impact performance? Over-reliance on financial stock turn ratios:...
Is your Inventory Strategy leaving you exposed to Risk?
Avoid the hidden dangers of the 13-week average Many retail and wholesale businesses rely on a 13-week average to forecast inventory, but this method often leads to miscalculations – and missed opportunities for optimisation. Here's why the 13-week average could be a...
Bottleneck blues: When the best inventory plan meets logistics limits in retail
Retailers often face the frustrating reality that, despite having an optimal inventory strategy, their logistical infrastructure—warehousing, transport, and stores—struggles to handle the high variability in stock requirements. This bottleneck can lead to delays,...
Inventory Management Success: Overcome Supplier Constraints
Navigating the challenges of supplier constraints in inventory management. Managing inventory can be challenging, especially when balancing supplier requirements like Minimum Order Quantities (MOQ) and Minimum Order Values (MOV). It becomes even more complex with...
When It Comes To Excess Inventory, Prevention Is Better Than Cure
Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk...
Seasonal Inventory and 7 Ways to Manage It Effectively
My eight-year-old self counted down the days to October 1 – the day my mother finally let me bedeck her spotless house with cobwebs and window clings of ghosts and goblins. It never occurred to me then that someone had to decide how many pumpkins to stock in my little...
Inventory Control in Manufacturing: 7 Strategies to Maximize Service Levels and Profit Amid Disruption
Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. But manufacturers are unique. Unlike many businesses who sell finished products, manufacturers...
5 Ways Businesses Are Uncovering Success With AI In Manufacturing
Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. AI technology is continually revolutionizing how equipment and humans operate on...
6 Critical Trends in Distribution and How to Optimize Your Network’s Response
From digitalization and changing workforces to trend reversals and inventory overloads, distributors have their hands full when it comes to tackling the latest supply chain challenges. Over the past couple of years, supply chains have undergone a baptism by fire,...
The Top 15 Omnichannel Retail Trends to Watch in 2022
Your digital and brick-and-mortar sales channels aren’t operating in separate vacuums. In fact, according to Harvard Business Review, 73% of shoppers prefer shopping via multiple channels. In a world where customer expectations are higher (some food...