Inventory analysis EOQ and ABC

Learn more about advanced features in Maintenance, Repair and Operations (MRO) Inventory Management. Managing inventory is a science by itself, and there are methodologies within Infor EAM to reduce expenses and prioritize high usage or high cost parts.

Your PM can include calibrations

In this webinar we discuss the Economic Order Quantity (EOQ) analysis, which helps determine the most appropriate ordering quantity to optimize the inventory cost. Also, we talk about the ABC categorizing methodology which helps rank materials by usage or cost to determine what is required at all times, and what may be overstocked in your warehouse(s).