The hottest Inventory Management Substack posts right now

The challenge of food waste was addressed by creating a Wall of Leftovers and a Fridge List.
The Wall of Leftovers helped track leftovers and reduce food waste awareness.
The Fridge List aided in managing inventory, reducing over-buying, and enhancing kitchen organization.

In June, home sales increased slightly by 0.9% compared to the same month last year, which is a good sign after previous declines.
There were more new home listings this June, showing an increase of 7.7% year-over-year, but still lower than the activity in 2019.
Inventory levels rose significantly by 39.3% year-over-year, indicating that more homes are available for buyers now compared to last year.

Existing home sales went up by 1.2% in October, reaching a rate of 4.10 million homes sold per year. This shows a steady trend in the housing market over the last few years.
The median price of homes increased by 2.1% from last year, reaching around $415,200. This suggests that home values are continuing to rise despite changes in sales.
Inventory levels of unsold homes slightly decreased, showing only a small drop compared to typical seasonal trends. This could mean there's still a decent supply of homes available for buyers.

A 'good enough' inventory formula is a solid starting point for most companies.
Focus on key inventory drivers like expected demand, lead time, and desired fill rate.
Some features like order cost and normal distribution can be ignored without major impact.

Deep criticism of games may not always engage a wide audience.
Critiquing games can help keep design skills fresh and provide valuable design exercises.
Large games like Zelda: Tears of the Kingdom may have flaws, such as excessive encounter reuse and key plot elements revealed too early.

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In June, home sales were up 4.7% compared to last year, marking a recovery from the previous month's drop. More working days in June helped boost these numbers.
New listings have increased by 5.0% year-over-year, but they are still lower than levels from June 2019. This indicates a mixed trend in the market.
Inventory levels rose by 26.2% compared to last year, suggesting that more homes are becoming available. This change is happening more than usually expected for this time of year.

Inventory data can have multiple demand streams to consider.
Watch out for the bullwhip effect that can inflate demand and lead to excess inventory.
Be mindful of calendars and time buckets to avoid unexpected spikes in inventory.

Setting lower safety stock targets can lead to higher actual inventory.
To reduce inventory successfully, address root causes like forecast errors and batch sizes.
Directly controlling inventory isn't as simple as it seems; it requires managing orders and production effectively.