EazyStock is an AI-powered, cloud-based inventory optimization software designed for small to medium-sized businesses (SMBs) including wholesalers, distributors, retailers, and manufacturers. It integrates seamlessly with existing ERP or business systems to automate and streamline inventory management and purchasing processes.
Key features include:
- ERP Integration: Connects with various ERP systems for quick setup and enhanced functionality.
- AI-Powered Demand Forecasting: Utilizes machine-learning algorithms to provide highly accurate demand forecasts, accounting for seasonal trends and sales promotions.
- Inventory Optimization: Automatically calculates optimal reorder points, order quantities, and safety stock levels to improve stock availability and reduce holding costs.
- Automated Ordering: Generates and schedules supplier orders automatically, allowing users to review and confirm proposals with ease.
- Multi-location Management: Supports inventory management across multiple locations.
- Inventory KPIs: Provides key performance indicators to monitor and improve inventory efficiency.
- AI Help Assistant: Offers additional support for supply chain optimization.
EazyStock aims to boost efficiency, accuracy, and profitability by reducing excess inventory, minimizing rush orders, and reclaiming administrative time. It offers a free ABC classification tool (EazyABC) and an ROI calculator (EazyROI) to help businesses identify profitable stock and potential savings.
