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“Say you hold $1 million in inventory and, at a very conservative estimate, Inventory Planner improves your inventory ordering and investments by 10% a year (for us, it’s actually higher than 10%). That would result in a saving of $100,000 a year. That completely dwarfs the subscription fee – it pays for itself many times over!”
– Michael Tomchin, Founder and CEO, Cycology
Core Features
What could you do with Inventory Planner?
Forecasting
Accurately forecast customer demand
- Customizable forecasting methods to suit your needs
- Forecast for multiple inventory locations or warehouses
- Make smarter replenishment decisions based on forecasted demand
- Optimize accuracy by factoring in variants like supply lead time, stock-out periods and seasonality
Purchasing
Make data-driven replenishment decisions
- Replenish the right products at the right time
- Get alerted when it’s time to reorder to avoid losing sales
- Save time on PO creation
- Plan purchasing budgets to meet your revenue goals
Reporting
Gain an instant overview of your inventory performance
- Automatically turn all your inventory and sales data into 200+ meaningful metrics with the level of detail you prefer
- Reveal which items need to be reordered first to boost sales or profit
- See the forecasted lost revenue or forecasted lost profit if you delay purchasing
- Identify trends with flexible periodic comparisons