How to Calculate Safety Stock (Without a Statistics Degree)
Safety stock doesn't have to be complicated. Here's how to calculate the right buffer inventory for your business using straightforward formulas that actually work.
· 5 min read
Blog
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Min/Max Inventory Planning: Simple but Effective
Min/max replenishment orders back up to a maximum whenever stock falls to a minimum. The min and max formulas, a worked example, when the method works, and where fixed levels stop working.
· 7 min read
Building a Vendor Scorecard: Measuring Supplier Performance
How to create a vendor scorecard that measures what matters—and use it to improve supplier relationships and performance.
· 5 min read
What Is Place-by Date and Why Does It Matter?
Understanding place-by dates—the often-overlooked planning concept that keeps your inventory arriving on time.
· 6 min read
Purchase Order Management: From Creation to Receipt
A complete guide to managing purchase orders effectively—from knowing when to order through tracking delivery and resolving discrepancies.
· 6 min read
Economic Order Quantity (EOQ): When It Works and When It Doesn't
A practical guide to the EOQ formula—how to calculate it, when to use it, and when to throw it out the window.
· 6 min read
Handling Supplier Delays: Contingency Planning That Works
Build a supplier delay response plan that minimizes disruption when things go wrong—because they will go wrong.
· 6 min read
Lead Time Optimization: Reducing the Wait Without Breaking the Bank
Practical strategies for reducing supplier lead times and improving inventory flow without massive capital investments or premium shipping costs.
· 6 min read
How to Set Reorder Points That Actually Prevent Stockouts
Learn the reorder point formula and practical strategies for setting ROP levels that keep inventory flowing without tying up excess capital.
· 5 min read
How to Avoid Retail Chargebacks: Compliance Planning
Retail chargebacks can eat 5-15% of your invoice value if you're not careful. Here's how to build compliance into your operations and protect your margins.
· 7 min read
Door Count Planning: Forecasting for Retail Expansion
Growing your retail distribution is exciting—but it wreaks havoc on your demand forecast if you're not prepared. Here's how to plan inventory for retail expansion.
· 7 min read
Understanding Retail Velocity: Units Per Store Per Week
Retail velocity is the metric that determines whether you're winning or losing on the shelf. Here's how to calculate, interpret, and improve your units per store per week.
· 7 min read