Stock coverage: What is it and how do you calculate it?
20 Oct 2022Stock coverage is a logistics and inventory management metric that shows how long a company can cover demand with the goods currently in its warehouse.
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Stock coverage is a logistics and inventory management metric that shows how long a company can cover demand with the goods currently in its warehouse.
Prescriptive analytics uses technologies like big data and artificial intelligence to discover how to achieve the company’s desired results.
Supply chain inflation directly affects logistics and manufacturing costs, e.g., spending on raw materials, energy, and goods transportation.
Cycle stock should be counted regularly so that your company knows how much inventory the warehouse needs at any given time to meet product demand.
A supply chain control tower is a digital tool that enhances companies’ performance, improves product traceability, and fosters better products and service.
Cluster picking is a strategy generally employed using a picking cart with different containers (one per order).
Task interleaving is the process whereby an operator combines two or more tasks on a single run through the warehouse.
WCS software manages and coordinates product flows in automated warehouses, directing the movements of automatic equipment like stacker cranes.