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Blogs

athlete's race track position 1 to 10 Published in Blog - 12 November 2019

10 Inventory tips for managing large product ranges

Retailers are increasingly faced with multiple sales channels and large product ranges. But which stock should be held where in order to offer the best level of customer service? Peter Bocken, a retail expert from Slimstock, shares ten inventory tips for taking control of an ever-expanding product range and keeping a tight rein on costs.
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man with pallet in storage Published in Blog - 12 November 2019

Minimum Order Quantity (MOQ) explained

WHAT IS A MINIMUM ORDER QUANTITY? Minimum order quantities or MOQs are the minimum order size that the supplier is willing to accept. This is often expressed as the minimum number of units. However, suppliers may also set the minimum order quantity in terms of order value. For example, Supplier ABC Ltd will only accept
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web client slim4 inventory management Published in Blog - 23 October 2019

Digital revolution in inventory management

Slimstock was founded back in 1993, and ever since then the evolution of Slim4 – our proven inventory optimization software - has been at our core. As a company that prides itself on Web Client Slim4 customer retention, we listen to our customers’ feedback on how to improve our product. What they’ve told us is
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Responsibility inventory management Published in Blog - 26 September 2019

Who is responsible

Incidence, who is actually responsible? "Sales expected a lot from it, but it turned out to be nothing." "Yes, but too much was ordered then." "But that one customer would take it away?" "Who actually came up with those ridiculous forecasts?" "Maybe we just have to wait a while, but we will walk." "Hey, it
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Deadly sins of stock-outs Published in Blog - 26 September 2019

Deadly Sins of stock-outs

7 DEADLY SINS OF STOCK-OUTS! Stock-outs are the work of the devil. As the ultimate crusher of customer satisfaction, these supply chain pests must be avoided like the plague! STOCK-OUTS ARE DECEPTIVE BEASTS Availability issues sneak up on you when you least expect it. However, left unchecked, stockouts have the ability to devour profits margins
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Availability levels inventory management Published in Blog - 26 September 2019

Availability levels

WHAT’S DRIVING YOUR AVAILABILITY LEVELS? Do you have enough stock to meet demand? Do you have too much? How can you ensure your service level targets satisfy the expectations of the business while still keeping investment in stock under control? Can establishing more appropriate service levels actually help boost margins? For stock-holding businesses, availability is
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