Ten rules for managing stock and improving availability during times of shortage.
In the past 18 months, businesses have faced unprecedented supply chain challenges. First came COVID-19, then Brexit, closely followed by container shortages and now an ongoing lack of over-priced raw materials. Each issue has had a negative effect on stock availability, leading to unhappy customers and super-stressed operational teams. Whilst there is no ‘silver bullet’ solution, this article offers ten ways your business can help deal with stock availability challenges during times of shortage.1.Be extra nice to suppliers With everyone scrambling for stock right now (including