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A free resource from EazyStock ‘An Introduction to Inventory Optimisation for Ecommerce’ will show you how to improve your current ecommerce inventory management strategies.

Your free ecommerce inventory management eBook

In this eBook we discuss why traditional inventory management strategies are no longer effective at dealing with today’s dynamic marketplaces and supply chains.

We then look at how inventory optimisation techniques could provide the answer.

Get our eBook now!

Download this eBook and discover:

  • Why it’s critical to optimise your ecommerce inventory levels
  • The difference between basic inventory management and inventory optimisation
  • How you can introduce inventory optimisation practices into your business to improve ecommerce competitiveness

Managing ecommerce inventory

Effective ecommerce inventory management techniques ensure the right products are in the right place at the right time – as cost-efficiently as possible.

Every ecommerce business that carries inventory needs effective processes in place to manage and regulate the supply, storage and distribution of stock.

Inventory takes up valuable warehouse space and ties-up capital, so it’s important to invest in the right stock, so you can optimise turnover and prevent surplus amounts building-up.

The best ecommerce inventory management strategies optimise stock levels, so you can achieve high service levels (stock availability), while reducing inventory costs.

Top ecommerce inventory management techniques

Here’s five ways to improve your inventory management practices for ecommerce success:

Understand demand.

Make sure forecasting takes into account product demand patterns, seasonality and trends for optimum accuracy.

Introduce ABC analysis.

Group inventory items based on their value to the business and set different stocking policies to help prevent over and under-stocking.

Set service level targets (or fulfilment rates).

To ensure better availability of your most important stock items.

Fine-tune stock replenishment.

Consider demand forecasts and supplier lead times when setting reorder points and quantities.

Use safety stock.

Carry a buffer of stock to cover delayed deliveries and inaccurate forecasts.

Want to learn more? Get our free eBook on ecommerce inventory management now!

A new approach to ecommerce inventory management

Many businesses are still using spreadsheets or basic inventory management systems to forecast and replenish their stock. These traditional methods cannot deal with fluctuating demand or variable supplier parameters – leading to stock-outs or a build up of inventory.

More and more companies are therefore turning to inventory optimisation tools, such as EazyStock.

EazyStock connects to your current stock system and uses advanced algorithms to bring accuracy and speed to inventory management.

The cloud solution automates demand forecasting, stock classification and reordering calculations, producing optimised order recommendations.

Inventory managers can ditch the spreadsheets, giving them more time for strategic decision-making and looking after suppliers and customers.

Why EazyStock?

Ensure stock availability

Ensure stock availability

Make sure you always have the right products on the shelf to prevent stock-outs and delight your customers.

Optimise demand forecasts

Optimise demand forecasts

Utilise advanced algorithms to track product demand, accounting for life cycle stages, trends and seasonality variances.

Lower inventory levels

Lower inventory levels

Get rid of excess and obsolete stock, freeing-up working capital for investment elsewhere in your business.

Automate re-ordering

Automate re-ordering

Produce automated order proposals to process in EazyStock or send back to your ERP.

Accurate replenishment

Accurate replenishment

Automatically calculate safety stock levels, re-ordering points and order quantities to ensure optimised inventory levels.

Be smarter with suppliers

Be smarter with suppliers

Place orders more cost-effectively by considering suppliers’ delivery schedules, lead times, discounts and costs.

Improve efficiency & save time

Improve efficiency & save time

Ditch the manual spreadsheets and save time that can be spent on strategy and innovation.

Get a fast ROI

Get a fast ROI

Benefit from rapid ERP integration and get up and running fast with a system that’s easy to deploy.

Trusted by growth-driven companies

Get our free eBook on ecommerce inventory management

Product availability is key to ecommerce competitiveness. But how can you fulfil every order without tying up too much capital in surplus stock?

In this eBook we look at how you can improve your inventory management processes – using inventory optimisation techniques.



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