Inventory is the biggest entry in the balance sheet of many distribution companies and fast deliveries are becoming increasingly important in today’s digital world – especially as an increasing number of people are working remotely. Failing to stock the right items doesn’t only result in lost sales. Unhappy customers can...Read more

The HVAC industry is unforgiving to distributors who are not on top of their game. HVAC has a constantly growing market – especially a growing global market as emerging economies ramp up construction and additional end-users emerge (such as data centers who need to keep their machines cool and ventilated)....Read more

The global marketplace is constantly evolving due to political, economic, technological and social factors. As small- and mid-sized businesses (SMBs) try to remain competitive, many are coming up against inventory management challenges. In this three-part blog series we’re looking at three of the most common inventory management issues faced by...Read more

Economic order quantity (EOQ) concerns the most cost-efficient method of ordering stock. The objective is to find the order quantity that minimizes the total inventory holding costs and ordering costs. Holding costs (otherwise known as carrying costs) are the costs to store the inventory and include the storage space, rent,...Read more

At EazyStock we talk to a lot of small- and mid-sized businesses (SMBs) who are struggling to effectively manage their inventory. Three common causes for this are: Complex supply chains as businesses rely on a vast network of manufacturers, distributors and retailers Expanding product portfolios due to business growth and...Read more

Enterprise Resource Planning (ERP) platforms are a big investment for any organization. They also take a lot of time and resources to design, customize and implement. But once they’re up and running, there’s no doubt they offer a wealth of benefits, including streamlined processes, improved productivity, centralized data and better...Read more