Inventory Planning Software
EazyStock classifies all items in your warehouse into categories based on volume, value of annual usage, product value and pick frequency. Depending on your required service levels, it then calculates which items you should have in stock and in what quantities. Over time your product mix is dynamically optimised, adjusting to changes in market conditions.
Products are controlled by the inventory parameters set in the system, which drive the optimisation of stock levels. The forecasting functionality adds information about demand patterns and together with replenishment parameters ensures the right inventory is requested for order. This information can then be pushed directly into any Enterprise Resource Planning (ERP) system, for optimal inventory planning capabilities. With EazyStock you can always be sure of the right balance between working capital and service levels.
What would be the consequences if you aimed for higher service levels? With EazyStock you don’t have to guess.The inventory planning simulation engine enables you to predict the effects of strategic and tactical changes, by testing different parameter settings.
Different scenarios for inventory policies and service levels can be tested in real time and the “what-if” simulation shows what will happen with the inventory, in terms of future capital invested and target service levels.
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