Ensure Stock Availability Without Over-Investment
Delight your customers, achieve order fulfillment targets and avoid lost sales while reducing inventory levels and freeing up working capital.
Book a Demo
How do you manage the balance between ensuring stock availability while minimizing inventory levels?
With EazyStock inventory planning software you can achieve the most ambitious order fulfillment (or service level) targets with the minimum amount of stock. The software’s powerful algorithms work in the background to ensure the right inventory is ordered in the right quantities. Its aim is to meet demand requirements without tying up unnecessary cash.
Take ABC analysis to another level! EazyStock dynamically classifies stock items using a number of key properties, including demand type, value of annual usage, pick frequency and demand volatility.
Items are automatically grouped into matrixes and service level (stock availability) targets are set for each group.
The result? A much more granular level of inventory control – automated for optimum efficiency.
The days of manually updating stocking policies are gone. Every day EazyStock calculates the optimum stock levels of each item in each matrix. The aim is to achieve your target service levels with the minimum amount of inventory.
With items dynamically re-classified based on the latest forecast and cost information, EazyStock gives you total control over your inventory levels and investment – without a spreadsheet in sight.
Get a daily snapshot of the health of your inventory and drill-down for the detail on each item. EazyStock inventory planning software makes it easy to identify healthy, excess and obsolete stock. You can then pinpoint areas that require action, such as removing costly obsolete items, reducing surplus stock, and ultimately improving inventory turnover.
What would happen to availability if you cut back on stock investment? Or how would cashflow be impacted if you wanted to improve order fulfillment?
EazyStock lets you simulate such scenarios in real time, removing any financial risk and helping you make informed inventory planning decisions, before implementing the changes.
Our Customer Success Team is here to give you personalized support from system set-up until you become a fully-fledged EazyStocker. We start by sharing the basics that deliver ROI from the outset. We then add system capabilities as users gain in confidence and ability.
We live and breathe EazyStock, and we get our kicks from helping you succeed.
Let’s talk >
5 Inventory Reduction Strategies to Drive Savings
Using Inventory Classification to Reduce Stock and Improve Service Levels
How to Use ABC Analysis for Inventory Management