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The Inventory Mentor

Page 4

Does your inventory need an ABC analysis?

Every day, we talk to people who manage inventory or are a C-level executive in their company who don’t know how to better manage their inventory. They frequently don’t even know where to start. Does... Read More

Your inventory spreadsheet is outdated

One of the daily can’t-miss shows in American media is Marketplace. It’s an absolute staple for both macro and micro analysis of the current financial and business climate, thanks in part to its likeable host,... Read More

NETSTOCK at Sage Summit 2016

Our crew here at NETSTOCK just wrapped up a successful and busy Sage Summit 2016. As many of you know, we go to market as Sage Inventory Advisor in the Sage Software world, delivering affordable... Read More

Moving on from your inventory spreadsheet

We’ve covered the hidden costs, the data issues, the unforeseen complexities, and the workplace challenges that are directly related to managing your inventory on a spreadsheet. But the question remains: what are the other options?... Read More

Are you a slave to your inventory planning spreadsheet?

We have identified that there are hidden costs associated with choosing Excel as your inventory planning tool of choice, highlighted that the problems usually start with your data, and suggested that ever-increasing complexity impacts sustainable... Read More

More spreadsheet complexity results in bigger inventory problems

Previously in this series, we identified the hidden costs associated with using spreadsheets to plan your inventory, and we explored how important it is to have accurate, synchronised data and appropriate inventory planning inputs. Today’s... Read More

Problems with your inventory planning spreadsheet start with your data

In the first blog in this series on the hidden costs associated with using spreadsheets to plan your inventory, we covered how Excel has become the “planning tool of choice” for many businesses to handle... Read More

The hidden costs of using spreadsheets to plan your inventory

The vast majority of businesses use spreadsheets to do all or part of their inventory forecasting, planning, and purchasing. Even large businesses with very expensive ERP systems resort to extracting and manipulating data in order... Read More

Is poor management of your Inventory Management System a risk to your business?

Virtually every company that holds inventory to provide an acceptable level of service to its customers, has experienced the negative effects of both unhappy customers and the loss of a customer as a result of... Read More

Stockholding models and stock policy

In what way are these helpful? These terms are often used in conjunction with one another.  Let’s explore the relationship between them.  In the process, we’ll look at how and why Policy impacts on your... Read More