The growth of ecommerce in both the B2C and B2B sectors has bought a wealth of opportunities for businesses to expand their reach, use omnichannel sales and target new customers. But at the same time, it also brings intense competition, with new players, both large and small, continually entering the...Read more

Simon Welander, Team Leader of Operations Planning at Blinkfyrar, has streamlined their ordering processes using EazyStock. With the help of inventory optimisation software, he has freed-up time to work on other important areas of the business. That’s why he’s EazyStock’s Automation Hero in September! Name: Simon Welander Title: Team Leader...Read more

Safety stock, sometimes called buffer stock, is important at all stages of the supply chain. Safety stock is the extra level of stock (raw materials or finished goods) that businesses carry to mitigate the risk of run-out, due to uncertainties in supply or demand. For example, manufacturers may carry safety...Read more

For many years, inventory-holding businesses have used stock days to measure their inventory management activities and work out if they’ve got the right amount of stock to fulfill orders. In this blog post we’re going to explain why this methodology is unsuitable for today’s trading environment and share our reasons...Read more

A common way to calculate inventory reorder points is to use a formula that focuses on ordering a specific number stock days. These calculations are done manually, often in excel, and the data is then input into an ERP system, so it has the relevant parameters to create reorder alerts....Read more

For businesses that carry non-perishable goods it’s tempting to order and carry surplus stock to help meet market demand and hit order fulfilment targets. In some circumstances carrying excess stock can be a good thing: having all items in stock helps avoid costly back orders and keeps customers happy. However,...Read more