Phitch determines inventory alerts, reorder points,  safety stocks, and order quantities at your point of maximum economic value added (also known as economic profit) in order to optimize your company's investment in inventory.

Phitch tells you when to order

with easy to understand with color coded alerts

• In one screen, Phitch tells you what is overstocked, understocked, and what to reorder
• If an item is blue - it is surplus or overstocked
• If an item is red - it is short or understocked

Phitch makes it easy to place orders and take action to have the right amount of inventory

• Place orders back through QuickBooks with the click of a mouse
• Send email alerts to colleagues

Phitch puts cash in your pocket by keeping inventory at your optimum level

• Phitch meaures your results for each item

-Learn more how Phitch sets reorder points-

Inventory optimization is all about having just the right amount. When it comes to optimizing inventory, the key factor to consider is "what is optimum - how is this determined?"  The market is full of many methods and claims. Not all solutions are the same.

For most small businesses, this has been just a guessing game. QuickBooks, as well as the many QuickBook addons, use manual settings to set inventory levels. Some solutions, such as EZ Analytics, set inventory levels to a set number of days of supply. This is a very common approach - in fact 28% of businesses order monthly just because it is easy. The problem with this approach is that lead times vary and you could easily get into an overstock or understock situation. This is still a manual setting and is especially dangerous for businesses that import or export goods.

Fortune 500 companies have been optimizing inventory at the lowest possible cost for many years. In fact their expensive and complex systems are using an approach developed in 1913. The problem with this approach is that it does not factor in cash flow. Cash flow is especially important for small businesses.

It is for this reason that Excel is the number one solution on the market - for businesses of all sizes all over the world. The world is profilerated with home grown custom solutions to set inventory levels. The problem with this approach is that this is time consuming and complex. This is why we created Phitch. To make it easy to optimize inventory at the point of maximum financal performance.

Phitch optimizes inventory at your maximum economic profit using patent pending technology. Phitch is the only software on the market that can optimize inventory to maximize your economic profit. Phitch seamlessly integrates with QuickBooks to improve the financial performance of small and medium businesses by optimizing inventory at maximum economic profit.  

Inventory is the single largest capital investment made by most manufacturers, wholesalers, and retailers. Given today's global financial crisis, the importance of treating inventory as an investment could not be more crucial. In order to thrive in today's tough competitive environment, best-in-class companies need to not only manage inventory but to optimize it relative to economic profit using Phitch's patent-pending technology.

-Learn more about economic profit-

Do not be fooled by imitators such as EZ Analytics that claim to optimize inventory while still using manual settings for days of supply to determine reorder points. Days of supply should depend on your leadtime from your suppliers. Since leadtimes vary, you could easily get into understock and overstock situtations. This is among the reasons the bottom 30% performing businesses have nine times more inventory than their top 20% peers while being seven times more likely to be in a stock-out.

• Only Phitch uses patent pending technology
• Only Phitch analyzes your demand and leadtime
• Only Phitch maximizes your economic value added
• Only Phitch uses easy to understand color coded alerts
• Only Phitch analyzes your variability in demand
• Only Phitch establishes safety stocks to avoid stock-outs
• Only Phitch permits you to place orders back through QuickBooks
• Only Phitch permits you to send email alerts
• Only Phitch measures your return on investment

It is a competitive business environment. Why be average, when you can be the best!

To see how  the top products compare, click on the following link: Inventory Optimization Product Comparison