EOQ = √(2 × annual demand × order cost ÷ holding cost per unit). The sweet spot between ordering too often and holding too much.
Order cost includes transport and admin to place an order. Holding cost includes capital, space and obsolescence.
EOQ works best with stable demand and consistent supplier pricing. For volatile SKUs, use a min-max policy or service-level target instead.
Pair EOQ with the reorder point: EOQ tells you HOW MUCH, ROP tells you WHEN.
Finally a tool that gets Kenyan tax rules right. Zero KRA rejections since using this.
Accurate and saves me hours every month. The breakdown is clear and my staff finally understand their deductions.
Exactly what I needed. Calculated costs before ordering and saved a fortune on import duties.
Very helpful. Only thing missing is export to CSV but overall excellent.
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