by Finstock Sales | Nov 27, 2024 | Uncategorized
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...
by ToolsGroup Finstock | Jan 18, 2023 | Uncategorized
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...
by ToolsGroup Finstock | Jan 18, 2023 | Uncategorized
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...
by ToolsGroup Finstock | Jan 18, 2023 | Uncategorized
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...
by ToolsGroup Finstock | Jan 18, 2023 | Uncategorized
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...
by ToolsGroup Finstock | Jan 18, 2023 | Uncategorized
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,...
