Economic Order Quantity Calculator

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  • Order Release - Ordering the right amount of raw materials from a supplier is essential to balance improved pricing from economies of scale and limiting inventory on the balance sheet.
  • Order Cost - Each order has an internal transaction cost for placing the order, receiving shipments, and warehousing.
  • Inventory Costs & Risks - Carrying inventory increases working capital on the balance sheet as well as obsolescence risk.
  • Data Visibility - Auditing usage provides visibility into performance against contracts and is critical to secure the best value during a RFQ.
  • Total Cost of Ownership - The Cost & Capital EoQ Optimizer tool helps procurement professionals determine the best order release to maximize return on invested capital.