EazyStock, a division within Syncron, today announced that Bufab, a world leading full service Supply Chain Partner for sourcing, quality control and logistics for C-Parts (screws, nuts, etc), chose EazyStock to deliver the highest possible service level for their customers.
Bufab needed to harmonize working practices, create more accurate demand forecasts and get a better view of the expected demand in all markets. The goal was to streamline the company’s supply chain and significantly increase productivity in inventory control process and reduce inventory levels and increase availability.
Bufab customers have high expectations of service levels. To meet these expectations Bufab implements EazyStock giving them a fully automated system support that calculates the optimal safety stock, reorder points and order quantities. Updated parameters and the greater precision of the demand forecasts results in higher service levels and additionally better return on capital invested in the stock.
“Home grown systems often lack the functionality to manage the complexity required to dynamically follow the product life cycle automatically. This is an important factor that maximizes the accuracy of planning. EazyStock centralizes and automates processes that were previously manual, thereby increasing efficiency and productivity significantly,” says Daniel Martinsson, EazyStock Business Unit Manager at Syncron.
Bufab is an international trading company with operations in 23 countries. Bufab offers its customers a full service solution as Supply Chain Partner for sourcing, quality control and logistics for C-Parts (screws, nuts, etc). For more information visit www.bufab.com
Syncron’s EazyStock solution is a sophisticated and easy-to-use inventory optimization solution, ERP independent, provided in the cloud. It enables small and medium sized enterprises to optimize their supply chain planning, forecasting and replenishment processes to reduce inventory costs, increase profitability and to gain a competitive advantage.