Inventory optimisation software eliminates the need for time-consuming spreadsheets, empowering users with automated demand forecasting, inventory planning and ordering functionality. It improves stock availability, with the lowest possible inventory investment.
In this eBook ‘The Ultimate Guide to Inventory Optimisation Software’ we explain how inventory optimisation software can improve operational efficiency, reduce supply chain risk and enhance profitability. You’ll get an insight into the three fundamental stages of inventory optimisation: Demand forecasting, stock classification and dynamic replenishment.
Ensuring stock availability is critical to maintaining high levels of customer satisfaction.
But at the same time carrying too much inventory takes up valuable warehouse space and ties-up capital.
It’s therefore important to invest in the right stock to fulfil demand whilst preventing surplus amounts building-up.
Inventory optimisation software optimises stock levels, so you can achieve high service levels (stock availability), while reducing inventory costs.
Many businesses are still using spreadsheets or basic inventory management systems to forecast and replenish their stock. These traditional methods cannot deal with fluctuating demand or variable supplier parameters – leading to stockouts or a build up of inventory.
More and more companies are therefore turning to inventory optimisation tools, such as EazyStock.
EazyStock connects to your current stock system and uses advanced algorithms to bring accuracy and speed to inventory management.
The cloud solution automates demand forecasting, stock classification and reordering calculations, producing optimised order recommendations.
Inventory managers can ditch the spreadsheets, giving them more time for strategic decision-making and looking after suppliers and customers.
Learn how inventory optimisation software can compliment your existing inventory management tools giving you the ability to fulfil every order and keep customers happy.
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