InventoryManufacturing Tips What Is Cycle Inventory and How to Manage It? Cycle inventory is the stock that is used to respond to regular sales and demand forecasts, as opposed to the safety stock used when there are fluctuations in demand or supply. Properly managing cycle stock is therefore a crucial part of any well-functioning business. By Madis Kuuse 6 min read
InventoryManufacturing TipsSupply Chain The Bullwhip Effect and How to Manage It The bullwhip effect is a supply chain phenomenon related to sudden changes in demand signals, when a slight movement in demand can cause large swings throughout the supply chain. To avoid a destructive “whip crack” at the end, companies need to be prepared to mitigate the effect. By Madis Kuuse 9 min read
InventoryManufacturing TipsSupply Chain Inventory Tracking – An Essential Guide For SMEs Inventory tracking means monitoring stock movements to increase visibility in the company’s supply chain. This added transparency helps businesses improve their ordering and overall inventory management practices, ensure traceability, and make sure that goods reach the production floor and the customer at the right time. By Karl Heinrich Lauri 9 min read
InventoryManufacturing Tips What Is Dead Stock and How to Avoid It? Dead stock consists of inventory items that your business cannot use according to their original purpose. There are many different types of dead stock and various ways to either eliminate it or avoid it in the first place. By Madis Kuuse 10 min read
InventoryManufacturing Tips QR Codes vs. Barcodes in Inventory Tracking The simple, one-dimensional barcode has proven a reliable tool in helping to organize inventories for decades. Thanks to key advantages, however, QR codes are becoming the new industry standard in inventory tracking. By Madis Kuuse 7 min read
InventoryManufacturing Tips Barcode Inventory System – Why and How to Implement Barcodes? Implementing a barcode inventory system is one of the best ways of increasing the efficiency of your stock management process. Affordable and easy to implement, barcodes can dramatically save time, reduce worker overhead, and eliminate data-entry errors for both manufacturing and distribution businesses. In this post, we take a look at barcode systems and how […] By Madis Kuuse 8 min read
InventoryManufacturing Tips Warehouse Organization: How to Set Up a Smooth-Running Warehouse Good warehouse organization is key to keeping your inventory processes running smoothly. Here is how to implement warehouse organization best practices. By Madis Kuuse 13 min read
ERPInventoryManufacturing TipsSupply Chain Return Merchandise Authorization (RMA) – Managing Product Returns Return Merchandise Authorization or RMA is a systemic approach to handling product returns. It allows for better tracking, makes the processes quicker, and could thereby improve customer satisfaction. By Madis Kuuse 7 min read
Choosing a SoftwareInventoryManufacturing TipsSales Shopify Inventory Management Basics for SMEs Setting up a business in Shopify is an easy thing to do. Properly managing that business, however, takes work. Here are some techniques and apps for effective Shopify inventory management. You can also listen to this article: By Madis Kuuse 13 min read