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6 Inventory Control Techniques for Stock Optimization

EazyStock

ABC analysis is a good inventory control technique to segment your warehouse stock based on the value it brings to the company. ABC analysis, will help with this. Fine-tune your stock replenishment strategies. Many ERP and WMS systems will use one of these approaches. Know your star products! Supplier lead times.

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The fundamentals of demand planning and forecasting

EazyStock

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. They could also use just-in-time or just-in-case inventory management strategies to help them to balance their stock levels. What is demand planning? How can EazyStock help?

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The fundamentals of demand planning and forecasting

EazyStock

Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. They could also use just-in-time or just-in-case inventory management strategies to help them to balance their stock levels. What is demand planning? How can EazyStock help?

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Data-Driven Transportation Management and Its Role in Driving Stronger Tech Stack ROI

FreightWaves SONAR

This remains key to the overall success of investments within supply chain analysis. And pre-emptive strategies that help isolate and address real-time problems will inevitably rely on real-time freight data and easy-to-access systems. Request a SONAR Demo.

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How to Improve Inventory Turnover with Inventory Optimization

EazyStock

Here are six inventory optimization strategies to improve inventory turnover without damaging stock availability: Know your inventory items’ position in their product life cycle. This is so you can monitor their demand more closely and come up with strategies to reduce stock levels before the items become obsolete and have no demand.

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How do rising interest rates and inflation affect global supply chains?

EazyStock

When demand fluctuates, and costs rise, it can be tempting to throw out long-term strategies to react to these changes. While it’s impossible for you to control geopolitical and economic factors, you can control your business strategy. One way to do this is with ABC/XYZ analysis. How will higher prices impact customer demand?

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Why you need a good supply chain strategy

EazyStock

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits.