Tag Archives: stock loss

What can be done to prevent stockpiling in the future?

Stockpiling, panic buying, stocking up – is this what to expect from your customers? We’ve seen the empty shelves and the pleas to shop responsibly and the concerns over the availability of food, but retailers are likely wondering if this is exclusive to coronavirus, or if the panic pandemic will strike again. Our founder and[…]

Warehouse woes

Warehousing is facing new challenges due to political issues such as Brexit. Customer expectations for new, speed and the ability to return products put pressure on the supply chain, meaning warehousing becomes more complex. Brexit is causing havoc for keeping stock – tariffs and duties remain unclear as the Brexit deadline has extended. Brands now[…]

Is Stock Loss Important?

Well, it is – I just wanted a compelling headline, however from an operational perspective awareness and management of Stock Accuracy should be the dominant concern. When I raised the issue of Stock Accuracy several years ago, at the beginning of the multi / omni channel journey, I often had to explain the difference between accuracy[…]

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