Inventory Management Blog

16 Tips to Reduce Excess Stock guide Published in Blog, Download - 17 March 2020

16 Tips to Reduce Excess Stock How-To Guide

Set accurate service levels, refine stocking strategy, improve vendor management and more with our helpful how-to guide Most businesses hold some excess stock. This likely includes yours (otherwise you wouldn’t need this guide!). But do you know how much surplus you actually have? Could you put a dollar amount on it? How about a close
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Slimstock Forecating Fundamentals How To Guide Published in Blog, Download - 28 February 2020

FORECASTING 101: 11 Forecasting Fundamentals Every Supply Chain Pro Needs to Know

FORECASTING 101: 11 Forecasting Fundamentals Every Supply Chain Pro Needs to Know Forecasting technology is always growing more sophisticated, or at least more complicated. At the same time, your customers’ expectations for service level and fulfillment are more demanding than ever. Newer technologies - like complex algorithms, machine learning, and AI – are often touted
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What is Inventory Optimization? Published in Blog, Retail - 22 November 2019

INFOGRAPHIC – What is Inventory Optimization?

Are your warehouse shelves spilling over, or overly bare? Learn how to spot stock problems and see how inventory optimization with Slimstock can save you money and make unhappy coworkers happy again! Slimstock has been helping companies like yours lower inventory costs while increasing customer satisfaction for 25 years. Our inventory management software is used
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Inventory Allocation Published in Blog, Download, Retail, Wholesale - 27 August 2019

Inventory Allocation: How Retailers Can Find the Perfect Balance

Retailers face a real conundrum. On one hand, everything from the costs of raw materials to commercial retail space is always getting more expensive. And on the other, customers can quickly check dozens of options for any purchase so retailers must ensure that their traditional brick and mortar stores add value to the overall shopping
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Monthly or Weekly Forecasting Which one is right for you Published in Blog, Manufacturing, Retail, Wholesale - 03 July 2019

Monthly vs Weekly Forecasting

Which forecasting method is best for your business? The goal of Slim4 - Slimstock’s inventory optimization software – is to predict the future. Specifically, how much of an item you’ll need to meet customer demand. Predicting the future is hard work even using historical data. With our ever more interconnected world, the number of data
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Header Picture How to Tell You've Outrgrown Excel Published in Blog, Technology - 30 May 2019

5 Ways to Tell You’ve Outgrown Excel

How to know when your business is ready to upgrade from spreadsheet forecasting and ordering For many business folks, Excel is synonymous with demand planning and ordering inventory. It’s often the go-to choice because of its familiarity and seeming ubiquity. There’s a good chance that the computer you’re reading this article on right now has
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