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A close-up of a laptop with the screen showing a bar chart with orange bars, with a blue line chart over the top. The orange block shows an increasing trend, and the blue line is around the middle of the orange block but ends above it. The background is two shades of orange. How to calculate forecast accuracy and forecast error.
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How to calculate forecast accuracy and forecast error

What is forecast accuracy? Forecast accuracy measures how close your demand forecast is to the actual demand value. You can...

eGuides

Supply chain and inventory trends for 2024

With so many external factors that we can’t control affecting supply chains, it’s important to focus on the things that...

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Bamal Fastener selects EazyStock as their inventory optimization tool

Chicago, IL – Bamal Fastener selects EazyStock as their inventory optimization tool. Bamal Fastener has decided to eliminate their time-consuming...

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Supply chain and inventory trends for 2024

While watching the news can be challenging, as we see reports of the impact of war, catastrophic weather events and...

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Case studies

Topa reduces stock while increasing turnover with EazyStock

Topa has been providing a large business network of commercial total bathroom concepts for more than 15 years. Within this...

A yellow background with three red, wooden blocks stacked on top of each other haphazardly the top one has a pink A, the middle one has a pale blue B and the bottom one has a yellow c ABC analysis in stock management
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The importance of ABC analysis in inventory management

ABC analysis in inventory management Managing thousands of stock items from various suppliers and delivering them to an extensive customer...

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Overcoming Black Friday purchasing and warehouse challenges

Black Friday (Nov 24 this year) is one of the year’s biggest shopping days when physical stores and eCommerce tempt...

Close up of a tablet in someone's hand showing inventory data with a warehouse in the background managing inventory in a growing business
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How to manage inventory effectively (2024 guide)

Inventory management, business growth and expanding product ranges There are several reasons you could be expanding your product portfolios. Whether...

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10 inventory management KPIs for effective inventory analysis

Inventory management KPIs for effective stock management Managing inventory is a complex business. Lots of activities, processes and people are...

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4 Inventory Management Challenges to Overcome in 2024

Any organization that holds stock is up against a multitude of inventory management challenges. For starters, the international trading landscape...

Red binoculars at a lookout point looking over the horizon as the sun is rising demand planning and forecasting
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Fundamentals of Demand Planning and Forecasting (2024 Guide)

What is demand planning? Demand planning is part of a company’s planning strategy to allocate resources in the best and...