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
General eCommerce
Subscription Services
Free Up Capital
The closer you can match your stock vailability 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 ExperienceThere 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.
Eliminate Overstock
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.
UNLIMITED
SKUs / PRODUCTS & USERS Allowed
1+ Billion
YEARLY VALUE OF ORDERS
10+ YEARS
INNOVATING IN ECOMMERCE
SYSTEMS
Free Consultation
Book time with a soluions engineer to use if our comprehensive commerce platforms is as fit
GET STARTEDCommon Questions
Inventory and demand planning is an important part of daily operation so we have tried to make it as easy as possible in our order management system (OMS). Here are some common questions that our users have had when getting started.
How do you manage inventory expiration dates?
Perishable products need to be used before their manufacturer expiration date.
You can use a warehouse management system (like Shipedge) that tracks these
dates and uses the data to influence daily operations.
Inventory Allocation – allocating inventory using a first-expire first-out (FEFO)
methodology will ensure that products are not picked at random, which leads
to eventual product waste (due to expiration).
Expired Stock Retrieval – stock that is no longer of good quality should be automatically blocked and unavailable for use.
Expiration Date Outbound Tracking – in the case of a customer service incident related to product expiration/quality, order data should be used to determine if the products that we’re sent to the customer are within quality thresholds.
Why is it important to track expiration dates?
If expiration dates are not tracked in the event of a customer service issue related to product quality, your team should be able to provide additional information related to when the order was shipped and when the products in the order will expire. Advanced warehouse management systems (like Shipedge) are able to track and provide this data.
Is it hard to manage product by expiration dates?
Expiration date management is fairly simple given you are using the correct tools. An advanced warehouse management system (like Shipedge) will take your expiration date data and automatically influence your fulfillment and warehousing workflows to consider product quality.
Simplifying digital commerce with powerful solutions
Book a Free Consultation
with a Solutions Engineer
Check our open calendar after you hit submit to find a time that works for your team.
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.
