Case Study: Firechief Global cuts inventory value and stockouts with EazyStock

Firechief cuts inventory value by 12% with EazyStock

Firechief, a UK-based provider of fire safety equipment, faced challenges with its inventory management system. The company struggled with frequent stockouts despite maintaining a high inventory value, due to relying solely on historical demand data for forecasting. Seeking to enhance their Orderwise ERP system, Head of Supply Chain Sean Hutchinson turned to the vendor EazyStock for a more advanced inventory optimization solution.

EazyStock implemented its inventory optimization software, which integrated with Firechief's existing ERP system. The solution provided advanced forecasting that considered trends and seasonality, automated replenishment, and was supported by a dedicated customer success team. This resulted in a 12% reduction in inventory value, a near 50% reduction in stockouts (from 8% to 4.5%), and a 33% reduction in stock days. EazyStock also provided greater visibility through its reporting and freed up significant time for the supply chain team.

Firechief