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

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

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

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

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

“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