Shopify Apps Weekly - new Shopify apps delivered to you every week

Shopify Apps Weekly / Best Shopify Apps / Inventory forecasting

Best Inventory forecasting Shopify Apps in 2024

Inventory forecasting apps for Shopify help merchants to predict and plan their inventory needs. These apps use historical sales data, current inventory levels, and other variables to forecast future demand and suggest optimal reorder points. This allows merchants to avoid stockouts and overstocking, which can lead to lost sales and excess inventory costs. With accurate inventory forecasting, merchants can streamline their supply chain, reduce waste, and improve profitability. Additionally, some inventory forecasting apps offer advanced features such as automated purchase orders, product demand insights, and inventory optimization algorithms, which can further help merchants to grow their business by increasing efficiency and reducing the time and resources needed to manage inventory.