IMS
Inventory Planner + Linnworks Integration for Smarter Inventory Planning
Integrate Inventory Planner with Linnworks to further reduce your excess inventory and out-of-stock rates and boost your cash flow. Inventory Planner automatically pulls your product and sales data from Linnworks to predict customer demand and translates all the complex, tedious forecasting calculations into intuitive inventory planning recommendations. With data-led support, you’ll know what to buy, how much to buy and when to buy it.
How it works
How Inventory Planner works with Linnworks
Step 1
Connect your Linnworks account to Inventory Planner
Create an account in Inventory Planner in just a few clicks and click on Linnworks integration. Retrieve your Linnworks Access token here and enter it in Inventory Planner’s “Application token” field. Simply click on “Connect” to start syncing your sales history, product information and purchase orders to Inventory Planner. The first sync may take a short while as Inventory Planner does all the initial forecasting calculations for all your products.
Step 2
Set up forecasting strategies in Inventory Planner
Customize your forecasting models in Inventory Planner to best suit your needs and get the insights that really matter to your business. As forecasting settings are critical to ensuring high accuracy, we have a knowledgeable team to accompany you throughout the whole onboarding process – including system connections, data migrations, forecasting model configurations, testing and bespoke training. Start releasing cash from excess inventory and reducing stockout rates to boost revenue, right from the word ‘Go’.
Step 3
Start hassle-free inventory planning with Linnworks data
Get always up-to-date demand forecasts and reliable inventory replenishment or liquidation recommendations for all your products, even in the most turbulent marketplace. Plus, harness your inventory and sales data in a way that works best for your business, and get real, data-driven insights.
Instant interactive tour
Key inventory planning features for Linnworks users
1
Get reliable demand forecasting from Linnworks data
Inventory Planner offers different forecasting models for products that sell differently, such as seasonal, non-seasonal, retail and wholesale products. It also factors in holiday seasons, YoY sales fluctuations, unusual spikes, promotions and most recent sales trends for ultimate forecasting accuracy.
2
Get smarter SKU-level purchasing recommendations
Inventory Planner tells you exactly how much inventory you need and when to order it by analyzing your forecasted demand, supply patterns and optimal purchasing frequency. Get recommendations at the level you want such as SKU, assemblies, bundles, product categories, supplier and warehouse as well as new products – saving you hours on tedious, error-prone calculations.
3
Reduce excess inventory and free up working capital
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 appeal and drain cash flow.
4
Simplify inventory planning across multiple locations
Inventory Planner automatically forecasts demand for each of your inventory locations including your own warehouse, Amazon FBA, and 3PLs, so you can easily know what to buy and when to order for each location. Plus, it offers warehouse transfer suggestions to perfectly balance items from one location to another.
5
Plan and optimize 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.
6
Create clear, actionable reports with Linnworks data
Inventory Planner automatically turns your inventory and sales date into 200+ meaningful metrics with the level of detail you prefer (from warehouse highlights to granular SKU-by-SKU analysis). Easily see the forecasted lost revenue or profit if you delay purchasing, your most expensive overstocked items, as well as your Google Analytics metrics.
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