Inventory Optimization

Buy 2 get 1 free tag hanging in a shopping mall why 3 for 2 offers can lead to excess inventory

Blog

Why “3 for 2” isn’t always a good deal

When good deals become bad decisions: How to avoid excess inventory Excess inventory rarely stems from bad intentions; it usually...

Blog

EazyStock partners with Business Central experts NAV24

EazyStock, a leading AI-driven inventory optimization and demand forecasting software provider, has welcomed Nav24 as its latest Microsoft Dynamics 365...

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Choosing the right supplier location strategy

In today’s connected global economy, businesses face numerous challenges in optimizing their supply chains. Suppliers are fundamental to success. If...

Industrial robot arm loading carton on conveyor in a factory. Supplier order calendars

Blog

Managing supplier shutdowns with order calendars

We know it’s stating the obvious, but if suppliers can’t fulfill your orders, you can’t meet customer demand. If you...

Artificial intelligence

How to cut inventory costs efficiently

If you’re a stock-holding business, it’s hard to balance the amount of stock you hold to meet demand with capital...

Different coloured floppy disks on a tables

Blog

Obsolete inventory management: the causes and cures

What is obsolete inventory? Obsolete inventory refers to stock that has seen no demand for a prolonged period of time,...

A dark wooden table with three wooden ABC blocks on their sides. The A is outlined in red, the B is outlines in orange and the C is outlined in blue. Just below them is a wooden abacus lying flat on the table with 1 2 3 4 5 etched into the top and rows of beads in red and yellow partly visible and green and orange rows partly visible.

Blog

How to calculate ABC analysis – a working example

What is ABC analysis/ABC classification? Inventory management teams use ABC classification (also called ABC analysis) to help identify the most...

Piles of coins of different heights on a blue background with light shining on the two of the piles 5 inventory reduction methods to deliver cost savings

Blog

5 cost-saving inventory reduction strategies

For businesses that carry non-perishable goods, it’s tempting to order and carry surplus stock to help meet market demand and...

Ein roter Hintergrund mit Holzblöcken, die mit A, B und C gekennzeichnet sind. Das A ist in Rot mit einem roten Rand, das B ist in Gelb mit einem gelben Rand und das C ist in Blau mit einem blauen Rand ABC-Analyse ABC XYZ

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An explanation of ABC XYZ inventory analysis and why it adds value

In previous posts, we’ve discussed the benefits of ABC classification models and how to use them to improve inventory control...

Closeup of multiple cardboard box packages seamlessly moving along a conveyor belt in a warehouse fulfilment centre using stockturn to optimise your inventory

Blog

Using stock turn rate to optimize your inventory management

For many businesses looking to improve their inventory management, a critical KPI is stock turn rate. Stock turn rate is...

A robot hand placing a circular wooden block into a circular hole in a wooden box

Artificial intelligence

5 Benefits of artificial intelligence in supply chain management

As global supply chains become more complex, disruption in one link can significantly impact other areas. Therefore, it is essential...

chain on a city background building supply chain resilience

Blog

Five steps to building a resilient supply chain

In the face of unprecedented global events that have posed significant challenges to businesses across the supply chain, the importance...