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Inventory optimisation software

Balance the right inventory levels to meet demand without tying up too much cash.

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Results our users see from optimising their inventory

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Average cash flow improvement
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Average reduction in stockouts
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Stock level or value reduction
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Average reduction in excess inventory

Inventory optimisation features

High service levels don’t have to mean high stock costs. With EazyStock, you can keep customers happy and reduce working capital tied up in excess inventory. Smarter optimisation ensures you have the right products, in the right place, at the right time. 

  • AI-powered demand forecasting
    EazyStock uses machine learning to analyse demand patterns, seasonality, and product lifecycles to select the best forecasting algorithm for each item.
  • Automated inventory classification
    Using factors such as demand type, annual usage value, pick frequency, and demand volatility, EazyStock classifies items into ABC/XYZ categories based on their importance to your business.
  • Dynamic inventory level calculations
    Inventory optimisation isn’t a one-off calculation; it’s a continuous process. EazyStock monitors demand changes, supplier lead-time shifts, and other stock-level fluctuations, and constantly updates forecasts and replenishment calculations. This ensures purchasing decisions are based on the most recent data.

Additional inventory optimisation features:

EazyStock automated inventory replenishment suggestions and recommendations

Automated replenishment and order proposals

Using forecasts and dynamic calculations, EazyStock generates daily order proposals for checking or automated approval. It also automates safety stock and reorder points to manage stock levels and cash flow.
EazyStock multi-location inventory planning icon

Multi-location

If you operate multiple locations, whether stores or warehouses, EazyStock will tell you when you can redistribute stock between locations with more stock instead of placing a new order. This avoids unnecessary orders, improving efficiency and saving money.
Key performance indicators

Inventory KPIs and dashboards

Clear KPIs and dashboards provide an easy-to-understand overview of your inventory that links to detailed, shareable reports.
Collaboration and integration puzzle icon

ERP Integration

EazyStock easily connects to ERP, WMS, and other business systems to enhance inventory management and optimise inventory levels.

Inventory planning

Plan the right stock levels to meet demand while reducing excess inventory, stockouts and unnecessary costs.
Inventory planning software

Supplier management

Use accurate supplier and lead time data to improve purchasing decisions and help ensure stock arrives when it’s needed.
Supplier management software
Multi location icon

Multi-echelon/location

Optimise inventory distribution across multiple warehouses, branches, or locations to improve availability without holding unnecessary stock.
Multi-location management software

Inventory policy

Set smarter stocking policies based on demand, item importance, and service-level goals, so you invest in the stock that matters most.
Inventory policy software
Our stock holding has reduced by around 10-15%, and this reduction in stock hasn’t impacted availability. We’re tying up less cash, and our offsite storage needs have also come down.
Callum Belshaw, Lead Buyer, Henry Colbeck

Benefits of inventory optimisation

inventory optimisation
  • Reduce excess stock and free up working capital by investing in the inventory you actually need rather than tying cash up in slow-moving or unnecessary stock
  • Prevent stockouts and improve product availability by balancing inventory investment with the stock needed to meet customer demand
  • Improve customer service levels by making sure the right products are available when customers want them, without simply increasing overall stockholding
  • Lower inventory costs without compromising availability by maintaining leaner, more efficient stock levels and reducing excess inventory
  • Reduce the risk of obsolete stock by dynamically adjusting stock rules and inventory parameters as supply and demand change

EazyStock’s inventory optimisation automates key inventory calculations

EazyStock calculates the inventory parameters needed to balance availability and cost, including reorder points, optimal order quantities, safety stock levels and service-level-driven stock policies.

Safety stock

Safety stock is used to ensure demand can always be met. Guessing safety levels can lead to excess stock or stockouts, but inventory optimisation continually calculates safety stock levels based on multiple inventory factors to reduce risk.

Service levels

By classifying inventory by value to your business, EazyStock recommends service levels. For example, low-volume, high-cost items will have lower service levels than high-volume, low-cost items to improve cash flow and prevent excess stock.

Lead times

EazyStock incorporates lead times into replenishment recommendations to ensure stock arrives when it’s needed. Order calendars can account for supplier shutdowns, holidays, and order dates to maintain supply.

Stock turn

Stock turn is a useful KPI that shows whether you’re stocking the right items to meet demand. Low turnover could mean you’re overstocking, leading to excess and obsolete stock. High turnover could mean you need to invest more in bestselling items to avoid stockouts.

Inventory health

Your stock levels influence cash flow and indicate your company’s overall health. Balancing stock levels with capital expenditure is critical to ensure operational efficiency and deliver excellent customer service. EazyStock identifies healthy, excess and obsolete stock levels and adapts replenishment and inventory management policies to improve overall inventory health.

Reorder points

Static reorder points or those based on a rolling monthly average can lead to unbalanced stock levels. Dynamic reorder points that respond to volatile demand and other replenishment factors maintain healthy stock levels.

How EazyStock’s inventory optimisation works

  • 1. Connect to your ERP
    Import inventory, supplier and sales data
  • 2. Analyse demand
    Forecast future inventory requirements
  • 3. Optimise inventory policies
    Set ideal stock levels and service targets
  • 4. Automate replenishment decisions
    Generate smarter purchasing recommendations

EazyStock integrates seamlessly with any ERP

Enhance your inventory operations and unlock the full potential of your ERP sales and inventory management. With pre-built ERP connectors, our team can get you started instantly.

  • Go live in one week
  • Pre-built connectors to leading ERPs
  • Data migration support
  • Dedicated customer success manager
  • Full onboarding

Already trusted by 100s of SMEs

See how we’ve helped our customers

View all case studies

Henry Colbeck cut excess inventory and gained control

Supplying fish and chip shops for over a century, Henry Colbeck knew tradition but needed control. They cut excess stock, freed up cash, and took charge of their supply chain.

Read More
Forgefix logo over background image

ForgeFix hits record stock availability with lower stock value

ForgeFix has been a specialist supplier of fixings and fastenings to the trade since 1991. As one of the UK’s…

Read More

Deligo cut excess stock by £300,000 and reduced air freight costs by 80-90%

In their first year with EazyStock, Deligo cut excess stock by 300,000, significantly reduced air freight costs and maintained service levels above 90%

Read More
View all case studies
FAQs about inventory optimisation software

Inventory optimisation software helps businesses balance product availability with inventory investment. It uses demand forecasts, inventory policies and replenishment calculations to determine how much stock to hold, where to hold it and when to reorder. This helps businesses meet demand while reducing excess stock, stockouts and unnecessary inventory costs.

 

Inventory management, ERP and WMS systems typically support the day-to-day tracking, ordering and movement of stock. Inventory optimisation software builds on this data to determine what stock should be held and when it should be replenished. It continually analyses factors such as demand patterns, product classifications, lead times and service-level targets to update forecasts and purchasing recommendations.
EazyStock uses AI and machine learning to analyse demand and select an appropriate forecasting method for each item. It dynamically calculates safety stock, reorder points, service levels and order quantities, then generates recommended purchase orders based on the latest demand, stock and supplier data.
Inventory optimisation can reduce excess and obsolete stock, free up working capital, and lower inventory costs while maintaining product availability. More accurate forecasting and replenishment also help prevent stockouts, improve service levels and support more confident purchasing decisions.

Inventory optimisation replaces static safety stock levels and reorder points with calculations that respond to changes in demand, lead times and service-level targets. EazyStock continually updates these settings to help maintain availability without holding more inventory than necessary.

Yes. EazyStock is a cloud-based solution that integrates with ERP and other business systems. Ready-made connectors are available for many major platforms, with custom integration options available where needed. Inventory, sales, supplier and purchasing data can then be used to support forecasting, inventory planning and replenishment.
Yes. EazyStock provides visibility into inventory and replenishment needs across warehouses, branches, and other locations. It can identify opportunities to redistribute available stock between locations before placing a new order, helping businesses improve availability and avoid unnecessary purchasing.

Inventory optimisation typically uses historical demand, current stock levels, open orders, supplier information and lead times. EazyStock imports relevant data from your ERP or other business systems and uses it to generate forecasts, calculate inventory parameters and produce replenishment recommendations.

See EazyStock in action

Get a live demo from one of our inventory experts!

 

See how EazyStock enhances ERP capabilities to help your team:

  • Boost forecasting accuracy – make smarter, data-driven decisions.
  • Prevent stock-outs and cut surplus – right stock, right place, right time.
  • Save time and lower costs – automate the busywork and free up capital.

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