Simplify commerce operations with our inventory and demand planning features.
Demand planning allows you to use data from different cross functional areas of your organization (ex. marketing, sales, and purchasing) to make effective inventory purchasing decisions.
Our software tools can help to streamline and automate planning.
Inventory & Demand Planning
Main Feature Benefits
Reduce Missed Opportunities – Avoid backorders and make sure you have enough stock on hand to keep order volume steady. Stock-outs can be costly events that decrease revenue opportunities.
Stock Whats Needed – Keeping too much inventory or products that don’t sell ties up your capital and can kill your business financially. We’ve even seen companies go out of business by overstocking inventory.
Sample Industry Use Cases
Free Up Capital
The closer you can match your stock availability with real-world demand the more capital you will have for other things like customer acquisition, new product lines, hiring strong talent, and other important parts of your business.
Demand planning software helps you plan your inventory effectively which helps reduce the opportunity cost of sinking all your available cash flow into inventory that doesn’t sell through very quickly. This process is simplified using our OMS.
Improve Customer Experience
There are two major customer experience issues that many companies with poor demand planning run into.
The first being stock-outs or backorders where you will need to let your customer know what they ordered isn’t actually available. The second is having a customer ready to buy your product but an out of stock on your website.
These problems are both easily solved by effective demand planning.
Overstock not to be confused with the popular website overstock.com is inventory that sits around with no one to buy them.
Overstock.com and Groupon (both of which we integrate with) actually built their businesses initially helping businesses liquidate this inventory.
Of course overstock inventory gets sold off usually at a clearance rate which hurts your profits but is 100% preventable with good demand planning.
SKUs / Products & Users allowed
Yearly value of orders shipped
Innovating in commerce systems
Book time with a solutions engineer to see if our comprehensive commerce platform is a fit.
Simplifying digital commerce with powerful solutions
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Every organization is different, so a solutions engineer will work with you to identify your biggest challenges and the best possible solutions to overcome those challenges.