Economic order quantity problems

The problem with the Economic Order Quantity (EOQ) model

4 min read

The economic order quantity (EOQ) model is a fairly popular means of calculating inventory reorder quantities and working out how many orders to place per annum. However, EOQ is often criticised for being over-simplistic and relying on consistent data inputs which don’t really reflect reality. In this post we take...Read more

How EazyStock Enhances Acumatica ERP Inventory Management

How EazyStock enhances Acumatica’s inventory management capabilities

4 min read

Inventory management is crucial to ensuring businesses have agile and efficient supply chain operations. However, having control over every inventory item often ends up being a time-consuming and frustrating endeavor for most inventory teams, as they rarely have the right tools in place to get the job done well. This...Read more

EOQ for wholesale distribution

Using the Economic Order Quantity formula in inventory management

4 min read

The economic order quantity model is used in inventory management to support replenishment activity. But just how useful is it in reality? Can such a simple formula really be applied to today’s complex supply chains? In this post we find out more… In inventory management, economic order quantity (EOQ) is...Read more

Inventory optimisation during the coronavirus epidemy

Tips for EazyStock customers during the coronavirus epidemic

6 min read

The world is facing unprecedented times as the effects and consequences of COVID-19 make their mark on businesses large and small. Many organisations are working hard to make the right decisions under extreme pressure right now. The situation can seem overwhelming, but there are some things you can do to...Read more

EazyStock’s commitment to customers and partners during the COVID-19 crisis

EazyStock’s commitment to customers and partners during the COVID-19…

< 1 min read

While everyone across the world continues to navigate the uncertainty of COVID-19, EazyStock is committed to supporting your business throughout the course of this pandemic and to ensure continuity of service at all times. We are fortunate to be part of a larger organisation, Syncron, with a broad customer portfolio that consists...Read more

Inventory Purchasing Optimizing Guide

A guide to using reorder points in inventory purchasing

5 min read

“Sorry, that product is out of stock” is a phrase that no one wants to hear – whether you’re the customer or the seller!  A few years ago it might have been okay for customers to wait a few days for their goods to come back into stock, but in...Read more