Shopify Apps Weekly / Best Shopify Apps / Inventory forecasting
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.
AI Inventory Management & Demand Planner: Easily Forecast Demand, Set Alerts & Reports, Place POs
⭐️ 5.0 (5 reviews)
Bucephalus is an AI-powered inventory management app that can greatly benefit merchants by automating their inventory planning and sales analysis processes. The app offers several key features to help merchants grow their business:
1. AI-Powered Time Series Forecasts: Bucephalus uses advanced AI algorithms to provide accurate demand forecasts, allowing merchants to anticipate future sales trends and plan their inventory accordingly. This feature helps merchants avoid stockouts or overstocking, leading to improved customer satisfaction and increased profits.
2. Inventory Optimization: The app provides recommendations on how much inventory to buy and when to buy it, based on the demand forecasts and other factors. By optimizing inventory levels, merchants can reduce carrying costs and improve cash flow.
3. Custom Email Alerts: Bucephalus sends customized email alerts to merchants when their stock levels are running low or high, along with actionable steps to take. This feature helps merchants stay on top of their inventory and take timely actions to avoid stockouts or excess inventory.
4. Real-Time Reporting: The app offers real-time reporting of inventory levels by location and vendor, allowing merchants to track their stock levels and make informed decisions about replenishment or distribution.
5. Integrations: Bucephalus seamlessly integrates with other sales, operations, and marketing channels, enabling merchants to streamline their workflows and have a holistic view of their business.
With these features, Bucephalus empowers merchants to optimize their inventory management processes, reduce manual efforts, and make data-driven decisions, ultimately leading to improved efficiency, profitability, and business growth.
Individual users highlight that this app has significantly improved their inventory management process. They appreciate its ability to analyze, understand, and organize their inventory, especially for businesses with a large number of SKUs. The team behind the app is praised for being responsive and reliable in addressing any questions or concerns. Some users also mention that the Shopify inventory tracking interface is not user-friendly, requiring them to export files for analysis, but this app provides a simple and visually helpful format for understanding inventory status. However, some users express a desire for more customization options in the app. Overall, merchants find this app to be a valuable tool for managing inventory, with its simplicity, clarity, and effectiveness being highlighted as key strengths.
Cin7 Orderhive helps in automating inventory, order, and shipping processes for multi-channel stores
⭐️ 3.8 (171 reviews)
Cin7 Orderhive is a centralized inventory management software that can greatly benefit multi-channel stores. With its integration capability with over 300 apps, it streamlines and automates inventory, order, and shipping processes for Shopify stores.
The app offers automatic stock level updates in real-time when new orders arrive, ensuring accurate inventory management. It also pushes updated order status and shipping information, providing transparency and efficient communication with customers. Real-time analytics and reports give merchants valuable insights into their inventory, orders, and customer details, helping them make data-driven decisions to optimize their business operations.
Furthermore, Cin7 Orderhive automatically syncs returns, allowing merchants to keep track of available inventory and manage their returns seamlessly.
With its eCommerce automation, order management, and shipping management features, Cin7 Orderhive can save merchants valuable time and effort, enabling them to focus on growing their business. By automating mundane operational processes and providing comprehensive inventory and order management capabilities, this app is a valuable tool for any multi-channel Shopify store.
Based on the user reviews, merchants highlight the excellent customer support provided by the Orderhive team, particularly mentioning specific representatives like Jinesh and Atulya who were responsive, professional, and helpful. Merchants appreciate the onboarding process and the assistance they received in setting up the app and automating their processes. The app is praised for its ability to manage inventory, orders, and shipping across multiple sales channels, as well as its integration with other platforms like Xero. Users find the app to be user-friendly, feature-rich, and capable of improving order management and inventory control. Overall, merchants are pleased with Orderhive, citing its effectiveness in streamlining operations, reasonable pricing compared to alternatives, and its potential to help businesses run smarter.
Make Informed Restocking Decisions - Optimal Stock Forecasting
⭐️ 0.0 (0 reviews)
The most important features of the TLB app are its precise sales and stock forecasting capabilities, the ability to automatically calculate reorder quantities, and the option to set specific lead times for each vendor.
By using AI and analyzing sales history, trends, discounts, and lead times, TLB can generate accurate sales and stock forecasts. This helps merchants make informed restocking choices and avoid both overstocking and understocking situations.
By preventing revenue loss from stock shortages and reducing expenditure on safety stock, TLB frees up money that is tied up in excess stock. This can greatly improve a merchant's cash flow and overall profitability.
Additionally, TLB can handle the forecasting and analysis for multi-location stores, making it a suitable solution for businesses with multiple physical locations.
Overall, TLB can help merchants optimize their inventory management, reduce costs, and make data-driven decisions to grow their business efficiently.
Get insights into sell through on products/suppliers. Manage your product media in one location.
⭐️ 0.0 (0 reviews) Free plan available. 7-day free trial.
The most important features of the shopETell app are its real-time analytics, inventory management, and media storage capabilities.
With shopETell, merchants can gain valuable insights into their sell-through performance on products and suppliers. By connecting directly to the Shopify store and pulling data on inventory, sales, and customer interactions, shopETell provides a real-time analytical view of what products and suppliers are performing best. This allows merchants to make data-driven decisions and optimize their product offerings.
Additionally, shopETell offers an indexable and searchable repository for storing product media such as images and videos. This centralizes the management of product media, making it easier for merchants to organize and access their content.
By leveraging the analytics and media management features of shopETell, merchants can effectively track their sales and returns, identify top-performing products and suppliers, and optimize their product offerings. This can ultimately help them make informed decisions, improve their sales performance, and grow their business.
Subscription order and revenue forecasting.
⭐️ 0.0 (0 reviews)
The Predictive app is essential for merchants with recurring revenue as it offers subscription order and revenue forecasting. By connecting with your subscription app, Predictive provides accurate daily, weekly, or monthly revenue projections, eliminating the need for manual reports and complex spreadsheet work.
Key features include saving views, filtering by warehouse regions, easy data exports, and the ability to factor in churn and growth rates. This app enables merchants to automatically forecast revenue, plan spending, anticipate order volumes to staff warehouse and support teams adequately, and strategize product production based on projected item quantities. By leveraging these features, merchants can make informed decisions, optimize inventory management, and ensure efficient resource allocation, ultimately driving business growth and sustainability.