BUSINESS INTELLIGENCE
Units of toner cartridges sold by brand (2019-2023)
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businesses
should take a holistic approach to stock management, keeping an eye on the global currency market while also considering other factors that could affect stock holdings.
As seen in this chart, one of their best-selling products in the channel experienced its best quarter of sales when the exchange rate was the lowest it has been since the pandemic struck. This is perhaps where HP finds some of their success – being able to navigate the FX rate volatility and thus maintaining their position as leaders in the market.
But while 2023’s trends are still unfolding, let’s look at how this correlation with FX rates affected the products being sold in the channel over the past few years. If we look at HP, the current market leader, which holds a strong grip on the UK’s toner supply chain, when we investigate one of their products, we can see that they aren’t immune to the FX effect either.
HP CF259A|59A Toner Cartridge. 3K pages ISO/IEC 19752 for HP LaserJet Pro M 304
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Quarter
1
2 3 4
Product Price
2019
2020
2021
2022
an eye on the global currency market while also considering other factors that could affect stock holdings. This will help them navigate the volatility of the market and make strategic purchasing decisions that will ultimately benefit their bottom line. For more information go to: www.stockinthechannel.com
Finally, it’s important to note that FX rates are not the only factor that affects stock holdings. Other considerations such as supply and demand and ensuring adequate stock levels are also important. Additionally, predicting FX rates is not an exact science and can be subject to many variables. Therefore, businesses should take a holistic approach to stock management, keeping
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