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Fine-tune forecasts for promotions and discounts
Refine forecasts and replenishment to mirror planned promotions and maximise sales.
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Promotions and discounts are a great way to boost sales, but how do you ensure there’s enough inventory in the warehouse to cover a surge in demand without having too much left over when the promotion ends? EazyStock’s sales promotion functionality allows you to add campaigns to your demand forecasts for optimum forecasting accuracy.
Ensure the right stock is available, in the right quantities, for your next sales promotion. Simply find the forecast, create an override and EazyStock does the rest.
For multiple items, overrides can be applied to groups of SKUs as mass updates in the system, or larger-scale changes can be uploaded via a dedicated interface file.
It’s then possible to track your amends and measure forecast accuracy against both the total (adjusted) and base (not adjusted) forecasts.
EazyStock in action
STOCK LOCATIONS MANAGED
INVENTORY REDUCTION
MONTHS TO ROI
FEWER GREY HAIRS
Previously we were reviewing and classifying our inventory using an ABC analysis framework on a quarterly basis, now EazyStock automatically adjusts stocking policies in a much more sophisticated way – on a daily basis.
EazyStock is the solution we needed to streamline our operations and keep up with the fast-moving healthcare industry
Using EazyStock has given us immediate insights to make informed decisions and we’ve significantly improved our demand forecasting. Our service levels have gone up and we’ve seen positive results after only a few months.
EazyStock is a very advanced tool that provides a high level of service in terms of delivery, whilst also ensuring that we only have the stock levels that demand requires. As a customer you get a whole new view of inventory and can act proactively to changes in demand for individual items.
8 proven inventory demand forecasting techniques
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Causes of demand volatility and how inventory optimisation software can help
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Egmont reduces stock levels by 15% and improves forecasting with EazyStock
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