Getting stock levels right
In today’s turbulent market, ensuring your stock levels are constantly kept accurate and up to date is at the core of operational efficiency and profitability.
Yet, 69% of companies admit they lack full visibility over their supply chains. Without a clear view, fluctuating stock levels and mismanaged inventory can become one of your biggest financial drains.
Securing stock and storage
With warehouse space in short supply, businesses in 2025 will face increasing pressure—not just to sell stock, but to secure and store it in the first place. Rising costs, economic uncertainty, and global supply chain disruptions mean longer lead times and, in some cases, suppliers simply disappearing overnight.
At the same time, consumer shopping habits are shifting. With more options than ever, customers can quickly take their business elsewhere. That’s why consistency in stock availability is critical. Yet, despite this, 73% of retailers still struggle with inventory forecasting.
Assess demand before you supply
It’s more than likely that the different items you stock follow different sales patterns. Ultimately, you need to ensure you’re using different forecasting methods for different items and their different demands.
For example, you could simply stock to a constant minimum requirement; therefore, if something sells relatively consistently throughout the year, you could set a certain minimum quantity you always want to have in stock.
If certain stock and variants are seasonal, only looking at its demand over a few months won’t offer a true reflection of annual sales and orders. You’ll need to monitor peaks over the last few years to more accurately forecast.
Within Orderwise, you can set a forecasting method for each individual variant at each stock location.
It’s straightforward to stipulate:
- Minimum or maximum requirements
- Any usage periods to ignore
- Any one-off spikes in demand that might throw off your future figures
Best of all, Orderwise works out all of these numbers for you, allowing you to focus on boosting sales.
Automation and accuracy
62% of warehouses report human error from manual processes. When your stock data is scattered across multiple systems, it’s not just time-consuming, it’s a risk.
Rekeying data between platforms or relying on spreadsheets leads to errors, delays, and outdated information. This is especially problematic when purchasing stock or managing orders across multiple marketplaces.
Orderwise eliminates these issues by integrating your sales, warehouse, and logistics operations. No matter where you sell, online or in-store, your stock is in the right place at the right time. Plus, supplier lead times and minimum order quantities are recorded automatically, so your replenishment process is always one step ahead.
Orderwise To Purchase Report
Managing stock levels can be complex, but the Orderwise To Purchase Report simplifies the process, helping you keep your warehouse stocked with exactly what you need to meet customer demand.
Using real-time sales data and forecasting insights, it calculates the stock you need to purchase by considering:
✅ Your current stock levels
✅ Forecasting data stored against each item
✅ Sales information across all sales channels
With this report, you'll see:
- How much stock you need
- How the quantity was calculated
- Who you’re purchasing from
- Minimum order quantities
- Total cost
You can easily adjust quantities, switch suppliers, and update costs—all from a single screen. Plus, access purchase history, usage charts, and supplier details for smarter buying decisions.
Forecasting functionality and best practices
With the right forecasting tools, you can prevent stock shortages and excess inventory - ensuring your business stays efficient and profitable.
Download the brochure or get in touch to discover how Orderwise helps you master stock control with powerful automation and forecasting tools.