Immediately after the installation of our Shopify app, we synchronize your products, variants, inventory items, locations, and recent sales. Then, based on sales and inventory history, we calculate the estimated sales velocity metric for each product.
Using this data, we can predict demand and provide actionable insights about replenishments, stockouts, and overstock.
Inventory management begins with accurate reporting, which is why we offer a best-in-class reporting solution for Shopify inventory management.
Inventory Replenishment Report is a foundational report that provides a list of products that should be replenished in the nearest time.
Based on sales history, we can detect products that are overstocked. By addressing these products, you can significantly improve the inventory turnover rate.
If a product wasn't replenished in time, it has likely already stockouted in the near future. Identify such products and take action.
Products without recent sales or with a declining sales trend can be classified as dead stock. Offering discounts is the best way to optimize inventory for such products.
ABC Analysis is very common, but still a powerful report to understand which products should be given first priority. Additionally, this report is configurable, allowing adjustments for time and percentages.
Along with built-in reporting solutions, we provide the ability to extend reports by using over 500 different columns and also filter with nested conditions.
Restocking inventory in a timely manner is a crucial task in inventory management. Email alerts enable you to receive instant or scheduled notifications about inventory that requires attention.
The configurable low stock product alert allows you to receive an email containing a list of products with an on-hand quantity below the configurable minimum.
The replenishment email alert is similar to the low stock alert but uses the restock point as the key comparison metric, i.e., alerting based on forecasted demand.
When dealing with Shopify inventory management on your own, reports are the best help you can get. Effective planning and tracking, especially for larger shops, is no work for pen and paper. Today, we offer you a comprehensive article on inve
E-commerce heavily relies on proper inventory management. Failing to account for resupply shipping delays, increased demand, or low stock can halt trading and hinder your revenue. On top of that, many Shopify merchants have a few warehouses f
Inventory management is an essential part of running a store. Knowing how fast your stock gets sold out will help you plan replenishment and assess the effectiveness of your business strategy. Today, we will discuss sales velocity in Shopify