Must-Have Inventory Planning System for Furniture Businesses

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Furniture store interior

Stay ahead with smarter furniture inventory management

The combination of unpredictable customer demand and volatile supply chains has been the downfall of many furniture recently. 

But there is a solution.

Inventory Planner reliably predicts customer demand, telling you exactly what to buy and when to buy it, so you can rapidly adjust to market shifts before it’s too late. 

Features furniture retailers need

1

Forecast accurately, buy confidently

Stay ahead of the curve by knowing exactly which products your customers are likely to buy (and in what quantities). Inventory Planner constantly analyzes demand and trends, then offers reliable buying recommendations (down to the last unit).

2

Add in flexibility to supply shifts

Avoid excess inventory that arrives at the wrong time and kills cash flow.Take rapid action when lead times change – at SKU, product category, brand, vendor and warehouse level – and. adjust ideal stock cover days for items in short supply. 

3

Liquidate slow-movers to release cash

The value of a furniture merchant’s inventory is often higher than most, which means bigger risk. See the associated cost of overstock, so you can quickly identify cash-drainers and liquidate them to release cash.

4

Easily plan inventory for assemblies

Get buying recommendations at component level based on reliable demand forecasts. Factor in each component’s stock level and supply time, so you always have everything you need on hand.

5

Optimize your warehouse and shipping container space

When you’re buying bulky inventory like furniture, space is a key consideration. Scale your purchase orders to max out warehouse space or weight available in containers, reducing the unit shipping cost of each item.

6

Cash-boosting metrics

See 200+ meaningful inventory metrics and key marketing data from Google Analytics so you can make profit-boosting decisions (such as when to merchandize items differently).

7

Plan your purchasing budgets

Ensure you have enough buying budget available. Inventory Planner’s Open-to-Buy (OTB) feature lets you plan by month or retail weeks, based on key metrics such as previous years’ revenue, expected margins and units (based on retail price). 

8

Easy multi-location inventory planning

Get forecasts, buying recommendations and warehouse transfer suggestions so you can optimize your inventory levels across multiple locations before ordering new stock.

9

Time-saving PO management

Save time and money by placing purchase orders directly from your buying recommendations. Pre-set all your supplier information such as currency, minimum order quantity and payment terms so they can be automatically applied. 

From SMBs to billion-dollar brands…

Retail, e-commerce, DTC, wholesale and manufacturing brands small and large rely on Inventory Planner

"Inventory Planner analyzes your data and gives you sales forecasting and buying recommendations that you can actually trust. It’s incredible."

James Ewens, Head of E-Commerce at FurnitureBox

See exactly how much excess inventory you have

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Faq

Frequently Asked Questions

1. What is furniture inventory management?

Furniture inventory management refers to the process of tracking, forecasting, and optimising the stock levels of furniture products—whether in-store, in warehouses, or in transit—to meet customer demand and minimise holding costs.

2. Why is inventory planning important for furniture businesses?

Because furniture is bulky and high-value, poor inventory planning can quickly lead to excess stock, cash flow issues, or stockouts. Smart planning ensures operational efficiency and profitability.

3. Can this system be used by small furniture businesses?

Yes, Inventory Planner is suitable for small to large furniture retailers. Its flexible features scale to fit your specific inventory needs and business size.

4. Is it easy for me to implement and configure Inventory Planner on my own?

There are two options:

  1. Implement and learn the system on your own
    Inventory Planner is built to be intuitive, so you can self-implement the system and configure your forecasting strategies if you have experience with forecasting softwares and the bandwidth available.
  2. Faster onboarding, led by us (RECOMMENDED)
    If you’re looking for optimal time-to-value, we recommend our guided onboarding, led by us. This is the faster and hassle-free way to get set up for success. Our forecasting pros will get you and your team up and running on Inventory Planner quickly (on average within 30 days), including system integrations, data migration, bespoke forecasting strategy configurations, tests and intuitive training. It’s the best way to ensure you get the most from Inventory Planner.
5. What's the SKU limit with Inventory Planner?

Inventory Planner is a scalable solution built to work for businesses of any size, from startups to billion-dollar companies – so there is no SKU limit

Plus, with our Data Warehouse Connectors, data from any source can be seamlessly synced with Inventory Planner (which means no siloed data or delayed syncs for businesses with large data sets across various platforms).

Easy integrations

Connect your platforms
in 1, 2, 3…

Seamlessly sync almost any data, from any source, to get customizable, reliable insights that are always up-to-date and all in one place.