Moving Average

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

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

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

Economic Order Quantity (EOQ)

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.

Safety Stock

Safety stock is a buffer that helps businesses absorb demand fluctuations and supply chain disruptions.

Drop Shipping

Drop shipping is a retail fulfillment method where a store doesn’t keep the products it sells in stock. Instead, when you sell a product, you purchase the item from a third party (usually a wholesaler or manufacturer) who then ships it directly to the customer.

Just In Time (JIT) Inventory Strategy

Managing inventory efficiently can make or break a business. One of the best strategies to reduce costs and improve efficiency is Just-in-Time (JIT) inventory management.

Inventory Management

Effective inventory management is essential for keeping your business running smoothly. Whether you work in retail, manufacturing, healthcare, or any other industry, how your inventory is managed can greatly impact your costs, customer satisfaction, and overall efficiency.

Create a demand forecast using sell-in and sell-through numbers

To plan for future inventory, we would need to know what is our sell-through data (what's sold to end customers) and then roll that forecast up to determine the sel in-figures (what retailers or suppliers should order)

Sell In vs Sell Through

When it comes to managing inventory and forecasting demand, two terms often come up: sell in and sell through. While they may sound similar, they play very different roles in your supply chain