EazyStock’s enterprise-class optimization tools help companies reduce inventory and working capital costs to free up cash flow to accelerate business growth.
The global trading landscape is becoming increasingly uncertain, with almost daily economic, political and social change. So how do you ensure you can stay competitive? You could enhance your online customer experience or upgrade your ERP system.
However, it’s vital to ensure you can continue to meet demand by having the right products when needed without unnecessarily tying up excess capital. Also known as inventory optimization.
Inventory optimization balances high service levels with the lowest possible inventory investment. It allows you to ensure product availability while reducing inventory costs and minimizing the risk of excess stock.
This is done by forecasting demand and managing supply variables while adjusting stock rules and inventory parameters dynamically.
Undertaking inventory optimization methodology without the right tools can prove complex and time-consuming. While most ERP platforms and warehouse management systems (WMS) offer good inventory management functionality, few provide inventory optimization capabilities – and they’re basic at best.
More and more stock-holding businesses are turning to inventory optimization software like EazyStock, which can be easily integrated with their existing ERP to offer a more advanced solution.
Forget complex and manual calculations; let automation change your inventory management world. EazyStock will calculate your minimum and maximum stock levels, reorder points, optimal order quantities, safety stock levels and more. Who doesn’t want to improve stock availability, delight customers and avoid lost sales?