Take the guesswork out of inventory forecasting and take control of your inventory! Optimize your cash flow and time with an inventory forecast based on sales trends, vendor lead time, and targeted stock levels. Easily see what, how much, and when to order with Inventory Planner’s data-driven forecast.
Avoid lost revenue due to stockouts. Move out overstocked inventory. Identify where to put your resources for the best return on investment.
Inventory Planner will not control or coordinate inventory levels on or between sales channels. Optionally, Inventory Planner can push received inventory to certain sales channels.
You can see a full list of platforms that integrate with Inventory Planner. If you don't see the integration you need listed here, please let us know.
Yes, you can connect multiple platforms, as well as multiple stores from one platform (for example, two Shopify stores).
Inventory Planner supports several Amazon selling regions. You can connect multiple regions to the same Inventory Planner account.
Inventory Planner can track stock history from the date you've connected your store to Inventory Planner. The past stock history is not available API connections to platforms, and therefore cannot be seen prior to the moment of connection. Your first sync with Inventory Planner will pull in sales history and product information.
Billing to Inventory Planner is month-to-month. Charges are based on the number of connected platforms and warehouse, as well as the number of active variants. Pricing details are available here.
Inactive variants (discontinued or drop-shipped SKUs), can be marked as non-replenishable and will not count toward billing.
The count of warehouses for billing purposes includes enabled warehouses shown in the account warehouse settings. For billing, the platform or warehouse count does not include combined or IP (Inventory Planner, or manual) warehouses created in Inventory Planner.
Inventory Planner allows an unlimited number of users to be added to a single account.
The demand forecast is generated using historical sales information and is informed by settings such as seasonal/non-seasonal forecast, sales history reference, stockouts, and upcoming business events such as promotions. To learn more about the forecast calculation, read more about how forecasts are calculated.
Replenishment recommendations are made based on the forecasted demand by customers. Factors such as stock on hand, on order quantities, variant lead time, and desired days of stock (ideal stock cover) are reflected in the replenishment recommendation shown in Inventory Planner. Learn more about how replenishment recommendations are made.
Inventory Planner can forecast sales of finished goods as well as their components. Likewise, bundles and components are included in replenishment recommendations. Setting up bundles in Inventory Planner ensures that sales demand of the bundle are accounted for in the components of that bundle. Bundles need to be configured so that you are ordering enough to meet demand of both individual sales and sales of bundles where the item is a component. Learn more about bundles and forecasting component/finished goods here.
The first data sync with your connected platform can take anywhere from several minutes to several hours, depending on the number of variants and sales orders on your connected platforms.
After the first sync completes, check out our Launch Guide to start forecasting customer demand as quickly as possible. It is feasible to be operational for some accounts within the first day of sign up. Other accounts will have additional considerations to account for during sign up. Please contact us to discuss set-up and to talk through sign-up.
Inventory Planner uses historical data to forecast demand. While data about specific customer subscriptions is not part of the forecast, demand trends will be reflected in Inventory Planner recommendations for purchasing products.