Blog Posts
Top 4 Inventory Costing Methods and How They Work
You need to know the right inventory costing methods for your business so you can stay on top of your accounting. Discover the top four and see how they work.
How to Choose the Best inventory Optimization Software
How do you choose the best inventory optimization software for your business and how do you implement it? Read this article to find out.
Reorder Point Formula; the Right Calculation For Your Business
Learn what the reorder point formula is and how to calculate it for your business. Use the right software to avoid stockouts and minimize overstocks.
Inventory Risk: 7 Examples and Solutions
nventory risk is something that every retailer has to deal with. Read on for 7 examples and solutions from inaccurate forecasting to product life cycles.
Purchase Order Tracking: How to Automate PO Tracking
What is purchase order tracking and why is it important to automate it? Benefit from automated PO tracking with Singuli’s inventory optimization software.
Inventory Carrying Costs: How to Calculate and Reduce Them
Inventory carrying costs can stack up if you’re not careful. Learn what they are, how to calculate them and most importantly, how to reduce them.
27 Important Inventory Formulas to Improve Your Planning
Inventory formulas combined with the right inventory optimization software can help you keep the right inventory levels and maintain a steady cash flow. Use this article as your guide.
Inventory Optimization: Your Essential Guide
If you want to avoid stockouts and reduce overstocks, you need an inventory optimization strategy. Find out what it is, how it can help your business and why software plays such an important role.
What is Safety Stock? (+ How to Calculate It)
Safety stock acts as a safety net when stock is running low and you’re waiting for new inventory. Read on to see why it matters, the different formulas you can use to calculate it and how inventory optimization software can help.
What is Overstocking? (Causes & How to Avoid It)
Ordering more inventory that you’re able to sell is referred to as overstocking. It seems simple, but understanding what causes overstocking inventory and how to avoid it is crucial to improving your bottom line.
Stockout Costs: How to Calculate and Avoid Them
What are stockout costs and how do they affect your business? Learn what causes them, how to calculate stockout costs, and how to avoid running out of stock by reading this guide.
What is an Inventory ABC Analysis? (+ How to Do It)
What is an inventory ABC analysis? How do you implement it and what are the best practices to get it right? Read on to find out ››
What are Size Curves and How to Accurately Calculate Them
A size curve tells you the correct ratio for each color and style category, but how do you calculate them and what difference do accurate size curves make to your inventory? Read on to find out.
Demand Forecasting: Your Guide to the Future
How does demand forecasting help your business? Use the right software, understand the best methods and types for your business and be ready for any influences on demand to optimize your inventory and keep your customers happy.
New Product Forecasting: 8 Steps to Success
Getting new product forecasting right can help you reduce overstocks, avoids stockouts and boost customer satisfaction and retention. Read on for your 8 steps to success.
14 Steps to Launch a New Product
Launching a new product is exciting, but also overwhelming. Take some of the pressure off by reading these 14 steps to launch a new product.
Inventory Forecasting: Methods, Benefits, & Best Practices
Seeing into the future isn’t easy but inventory forecasting makes it possible to accurately predict what’s going to happen with your stock, so you can take the right steps to keep your customers happy. Read on to see what inventory forecasting is, what the benefits are and which method is best for your business.
What is Retail Demand Planning and Why Do You Need It?
Retail demand planning is vital to optimize inventory for any e-commerce or brick-and-mortar business. Without it, you can miss out on sales and hurt your cash flow. Read on to find out what it is and why you need it.
Weeks of Supply Formula: Is it Right For Your Business?
Is the weeks of supply formula right for your business? Read on to find out what weeks of supply (WOS) is, how to calculate it, its benefits, its pitfalls and the recommended alternatives.
What is Inventory Planning? The E-commerce and Retail Guide
A productive and profitable e-commerce or retail business is one that focuses on inventory planning. How you plan depends on your business type and the products you sell so read this guide to find the best model for you.
Forecast demand, issue and track POs, reorder on autopilot, and step up your reporting game across multiple channels and locations. Get in touch to see how Singuli can help you optimize your inventory.