All Posts
Calculate Safety Stock to Prevent Overselling in Singapore
Here’s a quick look at the main formulas we’ll be covering. Think of this as your cheat sheet for later.
Key Safety Stock Formulas At a Glance
| Formula Type | Best For | Key Inputs Required |
|---|---|---|
| Basic Rule-of-Thumb | Sellers who are new to safety stock or have relatively stable sales and reliable suppliers. A great starting point. | Max/Average Daily Sales, Max/Average Supplier Lead Time |
| Demand Variance (Z-Score) | Businesses with unpredictable customer demand but consistent supplier lead times. Perfect for trending products. | Standard Deviation of Sales, Average Lead Time, Desired Service Level (Z-score) |
| Lead Time Variability | Sellers who face unreliable supplier delivery times but have steady customer demand. Essential for managing import delays. | Average Daily Sales, Standard Deviation of Lead Time, Desired Service Level (Z-score) |
| Periodic Review Adjustments | Anyone not using a perpetual inventory system; those who review and order stock at fixed intervals (e.g., weekly). | All of the above, plus the time between your inventory reviews. |
Each of these methods solves a slightly different problem, from basic protection to fine-tuning for specific supply chain headaches. We’ll walk through exactly how to use them.
Master Advanced Shipping Notification to Boost Efficiency and Visibility
An Advanced Shipping Notification (ASN) is a digital heads-up from your supplier. It details exactly what’s in a shipment, the precise quantities, and when it’s scheduled to arrive. Think of it as a detailed tracking update for an entire B2B shipment, giving you the complete picture before the delivery truck even pulls up.
A Practical Guide to ERP Systems Singapore for E-commerce Growth
For any Singapore-based e-commerce business, ERP systems are the central nervous system that connects everything. They pull all your core operations—from inventory and orders to your accounts—into one single, unified platform. This move gets you away from messy spreadsheets and creates a single source of truth, which is crucial for making smarter, data-driven decisions.
Mastering E-commerce Warehousing and Logistics in Singapore
Picture your e-commerce business as a popular café. Warehousing is the perfectly organised kitchen pantry where every ingredient is fresh and easy to grab. Logistics is the seamless dance between the cooks and the waiters, making sure every dish gets to the right table, piping hot and right on time.
A Concise Guide to Choosing the Right POS System for Your Retail Store
Gone are the days when a retail stores pos system was just a cash register with a drawer. Today, it’s the nerve centre of your entire operation, tying together your sales, inventory, and customer data into one cohesive whole. For any retailer serious about growth, it’s the essential tool for managing both your physical store and online channels without the operational headaches.
What Are Backorders and How to Manage Them
When a customer places an order for an item that’s temporarily out of stock but you know is on its way, that’s a backorder. You are selling a product you don’t physically have in your warehouse yet, with the promise to send it out the moment your new shipment arrives. This allows you to capture sales you might otherwise lose.