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6 Inventory Control Techniques for Stock Optimization

EazyStock

Firstly, let’s get a few definitions: What is inventory control? Many ERP and WMS systems will use one of these approaches. Many businesses (WMS and ERP systems) still use a basic stock days model to calculate safety stock e.g Schedule a Demo. Both approaches, however, have their limitations in terms of functionality.

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How to Calculate Inventory Holding Cost or Carrying Cost

Ship Monk

Holding cost (or carrying cost) by definition, is the cost of holding inventory in a warehouse until it is sold or removed. Integrate fulfillment operations with inventory management systems, accounting, and ERP systems in real time for more accurate inventory management. carrying costs, and needed to learn what those are.

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How to Improve Inventory Turnover with Inventory Optimization

EazyStock

This post will explain how, but first, let’s deal with a few simple definitions. A warehouse management system (WMS) or an inventory module of an enterprise resource planning (ERP) system can do this for you. If you’d like to know more about EazyStock speak to our team on +1 (844) 416-5000 or request a demo.