Stockouts vs overstocks: Finding your stock sweet spot
Striking the right balance with stock is a constant challenge for wholesalers.
Too little stock and you risk disappointing customers and missing sales. Too much and you're tying up valuable cash flow and possibly dealing with excess stock that's difficult to move. Finding that perfect balance - the inventory sweet spot - is crucial but often feels impossible.
At Orderwise, we believe effective stock management doesn't have to be guesswork. With the right tools and insights, you can consistently keep stock levels just right.
The cost of getting stock levels wrong
Stock mistakes cost more than just the price of the goods sitting idle or lost sales from empty shelves. They affect your entire business, from customer satisfaction to profitability. Overstocking ties up critical working capital, adds storage costs and risks product expiring before use. Stockouts drive customers straight to your competitors.
Why it's so challenging
Managing stock effectively is challenging for wholesalers because demand isn't static. Customer preferences change, seasonal trends fluctuate and unexpected market conditions arise. Many midmarket wholesalers rely on manual processes, intuition or outdated systems - none of which provide the real-time visibility or accuracy needed to balance stock effectively.
Achieving the perfect balance with Orderwise
Orderwise turns stock management into a precise, strategic process:
Real-time stock visibilityInstant, end-to-end visibility of stock across warehouses, sites, sales channels and product lines. | Automated replenishmentPurchase orders automatically generated based on real-time stock insights ensure critical items remain stocked. |
Smart demand forecastingAdvanced forecasting considers seasonal trends, sales orders, minimum and maximum stock levels, supplier lead times and more. | Expiry and batch traceabilityFull batch and serial traceability with expiry-date management meets stringent industry standards, reduces wastage, |
Barcode scanningIntuitive mobile technology combined with barcode scanning ensures accuracy in stock takes, stock adjustments and movements. | Stock transfer managementEffortlessly move stock between multiple locations with full visibility, true valuation and accurate stock levels across every site, |
“Orderwise has transformed the management of stock levels and contract production to ensure maximum possible shelf life is maintained. Our contract products have a 12 month shelf life and require a minimum of 11 months at the time of receipt by the customer. Batch traceability means any product falling below 6 months to be provided to customers with a fast turnover thus minimising wastage.”
Mal Pattison, Operations Manager at Hart Biologicals Limited
A stock system you can trust
Great stock management isn't just about getting more orders out the door - it’s about having a system in place you can truly rely on. Orderwise handles your stock control behind the scenes, giving your team the clarity and control without drama or disruption. You’ll spend less time firefighting and more time running your business, confident your stock levels are accurate and reliable.
Ready to hit your stock sweet spot?
Managing stock effectively can be simple, accurate, and profitable with the right tools. With Orderwise, you'll balance your stock levels confidently, keeping customers satisfied and cash flowing smoothly.
Ready to discover your inventory sweet spot? Let's talk.