Top Inventory Planning Solution For Jewelry Brands

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Keep Your Inventory Golden, Even When Markets Shift

Whether you’re selling million-dollar diamonds or affordable, high-volume costume jewelry, buying the right inventory, at the right time, is the secret to healthy cash flow. 

Count on Inventory Planner’s top-rated demand forecasting and reliable buying recommendations to know exactly what to buy and when to buy it to meet demand and your sales goals, while avoiding cash flow killers like overstock and out-of-stocks.

Features for jewelry brands

1

Forecast accurately, buy confidently

Know exactly how much you’ll sell (right down to the last earring) so you can make informed purchasing decisions. Inventory Planner factors in fluctuations like holiday seasons, flash sales, YoY sales shifts for ultimate accuracy. It even reveals key details like how much you’ll lose if you delay ordering.

2

Customized for retail and wholesale items

Inventory Planner separates retail and wholesale goods and uses separate forecasting models, so you get buying recommendations that you can rely on (and you never overstock or run out of stock again!). 

3

Release cash from overstocked items

When you’re dealing in gemstones and gold, the value of your inventory is higher than most – so you’re more at risk of tying up cash in slow-moving inventory, which stops you investing in other things. Inventory Planner shows you which items to liquidate first to release cash. 

4

SKU-level inventory insights

Inventory Planner makes it simple to reorder multiple variants across hundreds or thousands of SKUs. It forecasts sales and provides purchasing recommendations at variant level, saving you hours on tedious, error-prone calculations.

5

Bundle and assembling made simple

Forecast demand by bundle and assembly and get purchasing recommendations for each component, so you know exactly what to buy (and you can stop overbuying some components and underbuying others, which messes up your cash flow). 

6

Forecast for multiple warehouses

Adjust stock coverage days and lead times at every level, from SKU to supplier, so you can handle fast and slow-moving items differently and keep cash flow healthy (and reduce safety stock).

7

Actionable inventory insights

Access 200+ meaningful metrics that help you make cash-boosting decisions. Integrate with Google Analytics to  analyze your inventory performance alongside marketing metrics. 

8

Plan your purchasing budgets

Properly plan how much you’ll invest in jewelry inventory with Inventory Planner’s Open-to-Buy (OTB) feature. Plan your buying budgets by month or retail weeks based on metrics like previous years’ revenue, expected margins and even units. 

9

Buy new styles with confidence

Reduce the risk of selling new products. ‘Borrow’ sales data from similar products as a reference to predict future demand and get buying recommendations for every variant (including size, color, material). 

"We have more than 20,000 SKUs, with up to 5,000 new products added each year, so staying on top of our inventory has previously been a challenge – and overselling was an easy mistake to make. Inventory Planner has changed all that."

Jeff Elvin, President Dakota Stones

Get your customer demand forecasts and inventory buying recommendations

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Faq

Frequently Asked Questions

1. Who is Inventory Planner for?

Inventory Planner is the market-leading inventory planning software that is designed to help retailers, e-commerce brands, wholesalers and manufacturing merchants to make data-driven, profit-boosting inventory purchasing decisions based on reliable customer demand predictions, with different supply patterns factored in.

We support 2,600+ worldwide brands from startups to billion-dollar companies in every industry imaginable – from jewelry and fashion to FMCG. 

If your business holds inventory in your own warehouses, brick and mortar stores, or if you use Amazon FBA or 3PLs, and you want to reduce your excess inventory or safety stock ratio while keeping stockout risk low, Inventory Planner is for you

2. Do I still need Inventory Planner if I already have an Inventory Management System (IMS)?

Short answer: yes! Longer answer: Inventory Management Systems are useful for tracking goods, but they don’t help you forecast demand and plan your inventory purchasing, especially when market trends are rapidly changing and consumer demand is unpredictable. Inventory Planner does.

In a nutshell, if you’re using an IMS, but still experiencing out of stock or excess stock issues, you should try Inventory Planner.

To learn more about the difference between an IMS and Inventory Planner, and pick the right system for your business, take a look at this guide.

3. How is Inventory Planner different from other providers?

We’re proud to stand out from the crowd in a number of ways, including…

  • We’re true leaders in our field: Unlike generic inventory softwares, Inventory Planner is a market-leading specialized solution. We started back in 2012 (when inventory planning wasn’t even a ‘thing’!) and we’ve spent more than a decade fine-tuning our forecasting and inventory planning models so they get results, even in turbulent times.
  • Our forecasting is transparent and customizable: We believe you can only make informed decisions when you fully understand your data. With Inventory Planner, you’ll know exactly how your forecasting has been calculated (and you can tweak it to suit your needs), so you can take our forecasts and purchasing recommendations and use them to help you meet your goals.
  • We’re always evolving, just like the retail market: As part of Sage Group, we’re able to invest heavily and regularly in our innovation, so we’re always a step ahead of our competition when it comes to offering reliable forecasting and intelligent purchasing recommendations, even as markets shift.
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).