diff --git a/docs/releases/0.2.5.md b/docs/releases/0.3.0.md
similarity index 100%
rename from docs/releases/0.2.5.md
rename to docs/releases/0.3.0.md
diff --git a/docs/releases/new.md b/docs/releases/new.md
index 3abc460..314360a 100644
--- a/docs/releases/new.md
+++ b/docs/releases/new.md
@@ -2,13 +2,31 @@
 title: What's New
 ---
 
-## What's New
+## Releases
+
+### Version Numbering
+
+The InvenTree project follows the formalized release numbering scheme, according to the [semantic versioning specification](https://semver.org/). Each release will be numbered `MAJOR.MINOR.PATCH`:
+
+#### MAJOR
+
+Major release number will be incremented for large, incompatible changes to the API or other features.
+
+#### MINOR
+
+Minor release number will be incremented when new features are added in a backwards compatible manner
+
+#### PATCH
+
+Patch release number will be incremented when making bug fixes or small changes to existing features.
+
+### Release Notes
 
 For information on the latest and greatest InvenTree features, refer to the release documentation below:
 
 | Release | Date |
 | ------- | ---- |
-| [0.2.5](./0.2.5.md) | *In development* |
+| [0.3.0](./0.3.0.md) | *In development* |
 | [0.2.4](./0.2.4.md) | June 2021 |
 | [0.2.3](./0.2.3.md) | June 2021 |
 | [0.2.2](./0.2.2.md) | May 2021 |