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The Working Capital System · four modules that build on each other
01Working Capital Designyour inventory strategy02Integration Accelerator™the ERP connection03Order Steering™ordering rules for your purchasing04Managed Operationsongoing operations
ToolWorking capital calculatoryour potential in numbersKnowledgeInsightshands-on knowledge on inventory and purchasingTechnologyEazyStockthe inventory-optimisation softwareTechnologyEazyERPthe middleware to your ERP
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Working Capital Designyour inventory strategyIntegration Accelerator™the ERP connectionOrder Steering™ordering rules for your purchasingManaged Operationsongoing operations
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Working capital calculatoryour potential in numbersInsightshands-on knowledge on inventory and purchasingEazyStockthe inventory-optimisation softwareEazyERPthe middleware to your ERPweclappEazyStock for weclappSelectLineEazyStock for SelectLineAlphaplanEazyStock for AlphaplanpixiEazyStock for pixiOpaccEazyStock for OpaccSAP Business OneEazyStock for SAP Business OneDynamics NAVEazyStock for Dynamics NAVBusiness CentralEazyStock for Business CentralAcumaticaEazyStock for AcumaticaComarchEazyStock for Comarch
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Purchasing 4.0: digitalising purchasing and procurement.

The key points

  • Digitalisation in purchasing concretely means: clean stock data, automated routine orders, decisions from numbers instead of gut feeling.
  • The biggest lever is in the routine orders. They make up the bulk of order items and need no human.
  • The freed-up time belongs in the cases that need judgement: critical articles, supplier conversations, exceptions.
  • The start isn't a big IT project: check data quality, automate a pilot assortment, then roll out.

What does digitalisation in purchasing concretely mean?

Not robots and not blockchain. In planning practice it means: the master data in the ERP is right (lead times, minimum quantities, reorder points), order proposals emerge automatically from forecast and ordering rules, and purchasing decides based on numbers instead of the experience of individual people. Each of these points is measurable: by shortages, by excess stock, by the time per order item.

Which orders should be automated?

Those with stable, well-forecastable demand: C articles and evenly turning fast movers. Here the ABC/XYZ analysis provides the sorting, and fast movers and slow movers get different ordering rules. What stays manual are the critical and the sporadic articles: there the forecast is uncertain and the consequences of a wrong decision are large.

Where do you start?

An honest self-test: for one week, count how many order items actually needed a decision. The share is usually surprisingly small. The rest is a candidate for automation.

Keep reading

Inventory & Purchasing

ABC/XYZ analysis: a steerable assortment in 4 steps.

Inventory & Purchasing

Never out of stock again: automatic demand forecasts in EazyStock.

Inventory & Purchasing

From slow movers to fast movers: why you shouldn't procure every article the same way.

Inventory & Purchasing

Inventory forecasting: forecasting with fluctuating demand.

Inventory & Purchasing

Inventory optimisation in 3 steps: forecast, optimisation, procurement.

Inventory & Purchasing

Inventory planning: the second step in inventory management.

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