Samantha

Vendor Managed Inventory (VMI) is a supply chain strategy where the supplier (vendor) takes responsibility for managing inventory levels at the customer's location.

Here's a step-by-step Excel tutorial for calculating Simple Moving Average (SMA), Weighted Moving Average (WMA), and Exponential Moving Average (EMA)

A Moving Average (MA) is a simple forecasting method that smooths out fluctuations in demand by averaging past sales over a specific period.

Consignment inventory is a supply chain strategy where a supplier places goods at a retailer’s location, but the retailer only pays for the goods when they are sold.

ABC Analysis is a simple but powerful inventory management technique that helps businesses prioritize their stock based on importance. It follows the Pareto Principle (80/20 Rule)—where 20% of the items often contribute to 80% of the value

Managing inventory is a critical part of any business, and the Economic Order Quantity (EOQ) model helps strike a balance between ordering costs and holding costs.