article thumbnail

The Backorder, April 10 2024

Unleashed

Inventory and marketing costs can be insidious parasites, gnawing at your margins. If dead stock is consuming vital inventory space in your warehouse try bundling your slowest-moving items with best-sellers. Seaweed is an emerging industry in New Zealand, so finding local seaweeds at food grade quality is an ongoing challenge.”

article thumbnail

Barcoding and Inventory Management – the Ultimate Guide

Unleashed

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Backorder, March 20 2024

Unleashed

Avoid having too much capital tied up in inventory; use stock optimisation software to set optimal min and max levels based on historical data and sales trends. This will help you slash your inventory and storage costs in one fell swoop. Optimise your reorder points. Lease big ticket items.

article thumbnail

Pet Food Manufacturing and the Pandemic: Inside an Industry Boom

Unleashed

The new standing of pets in the family has led to a move away from?table higher quality?manufactured?pet New Zealand industry sources report that pet food suppliers sold?three?months’ The importance of pets to their owners has boosted demand for premium pet food – New Zealanders, like many others, also turned?to

article thumbnail

How To Start Your Brewery On The Path To Success

Unleashed

How many raw materials/ingredients issues/returns to suppliers were there – are you monitoring inbound quality? How many stock-outs, an event that caused inventory to be exhausted? Product quality. Stock & Inventory Control. Connect your sales people with your live inventory system wherever they are.

article thumbnail

Food Industry Trends for 2021

Unleashed

For example, food quality and safety, particularly when it comes to perishables. A significant growth in the use of food manufacturing software that allows for real-time inventory, batch tracking and rapid order fulfilment. Australia and New Zealand. Sustainable food packaging is still a priority for customers.

Food 93
article thumbnail

o9 and Google’s AI/ML Solution to Accelerate and Improve CPG and Retail Forecasting

o9 Solutions

New Zealand has the highest per capita consumption of ice cream of any nation on the planet at 28.4 This gut feel method of forecasting often resulted in stock-outs and excess inventory, both wasteful scenarios no company can afford. I scream, you scream, we all scream for ice cream. But how much? liters per person per year.