Fine-Tune Forecasts for Promotions and Discounts
Refine forecasts and replenishment to mirror planned promotions and maximize sales.
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Promotions and discounts are a great way to boost sales, but how do you ensure there’s enough inventory in the warehouse to cover a surge in demand without having too much left over when the promotion ends? EazyStock’s sales promotion functionality allows you to add campaigns to your demand forecasts for optimum forecasting accuracy.
Ensure the right stock is available in the right quantities for your next sales promotion. Simply find the forecast, create an override and EazyStock does the rest.
For multiple items, overrides can be applied to groups of SKUs as mass updates in the system, or larger-scale changes can be uploaded via a dedicated interface file.
It’s then possible to track your amendments and measure forecast accuracy against both the total (adjusted) and base (not adjusted) forecasts.
EazyStock in Action
STOCK LOCATIONS MANAGED
INVENTORY REDUCTION
MONTHS TO ROI
FEWER GREY HAIRS
In our old ERP, the demand type was static until we went in and manually changed it. With EazyStock, it's now automatically updating demand type based on transactional history, so we don't have to worry if the correct demand type is applied to one of our thousands of items.
Having EazyStock as part of our value-add has given us a lot more confidence. We've always wanted to handle the supply chain for our customers. We've always done a pretty good job, but now EazyStock allows us to do a great job and do it with far more detail and specifics around how we're going to accomplish the goals that our customers put in front of us.
Previously, we were reviewing and classifying our inventory using an ABC analysis framework on a quarterly basis. Now EazyStock automatically adjusts stocking policies in a much more sophisticated way - on a daily basis.
EazyStock has improved our ability to print the right quantities of the right titles to suit market demand. At the same time, we’ve optimized our stock levels and inventory investment, and ensured stockouts are now few and far between.
EazyStock is the solution we needed to streamline our operations and keep up with the fast-moving healthcare industry.
EazyStock is a very advanced tool that provides a high level of service in terms of delivery, while also ensuring that we only have the stock levels that demand requires. As an EazyStock customer, you get a whole new view of inventory and can proactively act to changes in demand for individual items.
How to Optimize Inventory Management for eCommerce
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Automating your Inventory Management
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Egmont Reduces Stock Levels by 15% and Improves Forecasting with EazyStock
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