Internet Customer Solutions, Inc

Summary

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The EazyStock inventory management does the following:

• Forecasting demand using different forecasting methods depending on your past demand trends/pattern

• Calculates:

  • The ABC analysis of your inventory​

    • For instance: 20% of your items contribute to 80% of your sales​. Such an analysis will advise you which items you should phase out. This alone can save you $ xx,xxx,xxx ! On the other hand, it tells you which items your should stock more so that you will deliver on time the right quantity of an item to a customer. Just watch the video below over and over again, and you will realize the great value that this application can bring to your company. 

  • The safety stock level​

  • The re-order point

  • The optimal order quantity

• Determines the SKU demand patterns​

• Help you with your Purchase Order proposals: It tells you when to order an item and how much.

• Reporting

• KPIs

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The calculations mentioned above are complex, and optimize your inventory. This is not done in the Acumatica Cloud ERP. 

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This application is straightforward when your demand volume has a steady demand pattern or a certain repeating pattern. This is the case when your company sells consumer items or commercial items with a regular large demand. Especially when you have always a large stock on hand, this application can save you a lot of money, and improve customer satisfaction. 

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When you have a seasonal demand, and/or when promotions may impact the demand, more market segmentation and product segmentation needs to be done. For instance in the distribution of foods and beverages, a lot more wine is consumed during Christmas time, a lot more turkeys are eaten on Thanksgiving, a lot more blueberries are eaten when the blueberries are ripe, etc. Eazystock provides for forecasting demand per market segment.