Native Inventory Planning Integration For Magento
Data-driven demand forecasting for Magento businesses
Inventory Planner seamlessly syncs with your Magento account to give inventory purchasing recommendations based on your product and sales history, factoring in new sales trends, seasonality and other fluctuations.
Know exactly what to buy and when to order
Always know what you'll sell
Inventory Planner predicts customer demand for all your products including seasonal, non-seasonal, retail and wholesale products. It also factors in promotions, holiday periods, YoY sales fluctuations, unusual spikes and most recent sales trends for ultimate forecasting accuracy.
Make data-driven purchasing decisions
Inventory Planner tells you how much inventory you need and when is best to order it based on accurate customer demand forecasts. As it considers all your items including bundles, assemblies and new products, it saves hours on tedious, error-prone calculations. Plus, it speeds up making purchase orders.
Release cash from overstocked items
Inventory Planner flags up all items that aren’t selling in line with forecasted demand and offers key insights like overstocked costs, last sold date and overstocked units, so you can liquidate the most costly items first before they completely lose their appeal and drain your cash flow.
Multi-warehouse inventory planning
Inventory Planner offers reliable, intuitive inventory purchasing recommendations for each of your inventory locations including Amazon FBA, your own warehouses, brick and mortar stores and 3PLs. It even tells you whether inventory should be transferred from one warehouse to another, so you can better meet customer demand without ordering new inventory.
Plan your purchasing budgets
Inventory Planner’s Open-to-Buy (OTB) lets you plan your buying budgets by month or retail week. Plan at the level that works for you and include metrics like your previous years’ revenue, expected margins and even the exact number of units you need to order based on retail price.
Powerful yet intuitive reporting
Inventory Planner consolidates your data in one place and translates it into 200+ meaningful metrics. You can run the reports at any level you want – from warehouse level to SKU level. Plus, when integrating with Google Analytics, Inventory Planner allows you to couple your inventory data with marketing metrics for extra-detailed insights.
How it works
High-performance, native Magento integration
Connect your Magento store
Create an account in Inventory Planner and choose Magento integration to start syncing your product and sales data. This first sync may take longer as Inventory Planner will analyse your data and calculate forecasting and inventory planning suggestions for all your products.
Configure your forecasting strategies
Customize your forecasting models in Inventory Planner to best suit your needs and get the insights that really matter to your business. New to inventory forecasting and planning? No problem -we offer guided onboarding including system connections, data migrations, forecasting model configurations, testing and bespoke training, so you can get the most out of Inventory Planner fast.
Start smart, hassle-free inventory planning
Get reliable inventory purchasing recommendations as well as overstock reports based on always up-to-date sales forecasts – even in the most turbulent marketplace. Easily create purchase orders in Inventory Planner and update stock in Magento when new inventory is received in Inventory Planner. Plus, read your inventory and sales data in the way that works best for your business and get real, data-driven insights.