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Inventory management is a business process that directly influences a company's profitability and competitiveness. The key lies in achieving a balance between having enough stock to meet demand and minimising storage costs and the risk of obsolescence...

Pharmaceutical companies play a crucial role in ensuring that life-saving medicines reach the people who need them most...

Improving supply chain planning is crucial for boosting efficiency, cutting costs, and responding faster to market demands. However, the key to successful improvement is involving the right people throughout the process.

In a business environment marked by uncertainty, supply chain efficiency is more important than ever. A key factor in achieving this efficiency is the design and optimisation of distribution networks. These networks allow companies to manage the flow of products from both factories and from suppliers to the end consumer.

Purchasing plays a very important role in the activity of a company, especially if we take into account its weight in the accounts of most organisations.

Do you suffer from stockouts or excess stock? Find out how striking the optimal level of service can transform your supply chain strategy. Service levels are critical in supply chain planning, impacting how your business balances customer satisfaction with operational efficiency.

To stock or not to stock? That is the question. In this blog, we will explore how to optimise your supply chain through accurate calculations of safety stock and EOQ, among other essential strategies for efficient inventory management.

Many companies implement Sales & Operations Planning (S&OP), but what they don't realise is that S&OP goes way beyond processes and systems. 'You have to deal with clashing interests, emotions and people who have different mindsets,' says Slimstock's Sales Director Jan Kraaijeveld. In his eyes, S&OP is where art and science meet.

Managing a food supply chain requires navigating numerous challenges, including high-cost pressure, increasing demand for traceability, and ensuring the resilience of the supply chain. But perhaps most crucially today, making sure sustainability is managed effectively.

For all companies, customer satisfaction is fundamental for success. Exceed customer expectations and you will reap the rewards of recurring income through increased loyalty and improved brand image.

In this article, we will take a closer look at the CCC (Cash Conversion Cycle). It’s a relatively complex KPI because to calculate it, we first need to calculate 3 other KPIs (DIO, DSO and DPO). Let's take a look at all of them below.

According to statistics across the supply chain industry, a staggering 8% of stock ends up as waste. Of course, this is an average. Some industries have far worse numbers than others.

The intelligent software Slim4 ensures optimal in-season allocation, reduces stockouts, overstock, and markdowns, and contributes to a higher full-price sell-through rate.

In the realm of inventory management, aurea mediocritas embodies the ideal equilibrium between avoiding excessive stock accumulation, which risks obsolescence and ties up capital...

Stockouts and overstocks are two sides of the same coin. Importantly, though, both are very damaging to a company's bottom line. On the one hand, breakages result in lost sales and revenue that your company will miss or, at the very least, realise at a later date. On the other hand, overstocks become obsolete in your inventory and therefore devalue your stock.

Various challenges have been thrust upon distribution businesses of late, and there’s little sign of this stopping in the near future.

Discover how AI-powered demand planning tackles supply chain challenges. Learn skills needed & career paths in this evolving role. Explore now!

Stockouts are a glaring signal of supply chain issues, affecting profits and customer satisfaction. Prevent them with smart planning and great tools.

Unlock the power of retail category management. Optimize strategies for profitability and enhance the shopping experience.

Daan Majoor, Slimstock´s CTO with over 25 years at the helm of our product development, is responsible for advancing the Slimstock platform to help businesses conquer their supply chain challenges and forge a competitive advantage.