A Better Inventory Forecasting/Automated Purchase Order System for QuickBooks – The Inventory Planner Solution
Do you use QuickBooks to manage your inventory?
If so, how many times do you wish it could provide you with these features:
- Lead time tracking
- The ability to directly sync with your e-commerce channels (think Amazon and Shopify!) without the need for intermediate software?
- The calculation of potentially overstocked items?
- An automatic forecast for inventory replenishment?
- An inventory aging report?
- The ability to segment information by variant, vendor, or category?
- Forecasting of sales and potential stock out situations?
QuickBooks does not provide any of the tools and reports listed above. These can be critical to helping you manage and forecast your inventory.
Enter the Inventory Planner solution!
THE INVENTORY PLANNER SOLUTION FOR QUICKBOOKS (DESKTOP OR ONLINE)
Here’s some interesting backstory on the Inventory Planner team…
“Inventory Planner’s founders, Oleg Smirnov and Elena Smironva, worked with local artisans where they lived in Nice, France to create online stores to complement their storefronts selling pottery. As mathematicians and developers, Oleg and Elena created the Inventory Planner to forecast customer demand. The first version forecasted total store revenue, but they quickly saw that the real need was to predict how many of each item was needed. The very first sale that processed online ran into a problem – there was no inventory available for that vase!
In 2012, Inventory Planner launched on the Shopify app store, quickly connecting with growing eCommerce brands to make better purchasing decisions. Today, Inventory Planner integrates with nearly 30 platforms. Merchants can connect multiple sales channels to see product demand in one place.”
And some big news for the Inventory Planner team this year…
On August 16, 2021 –
“Brightpearl Acquires Inventory Planner, Giving Savvy Merchants Better Ways to Accurately Predict Demand…
This evolution of our relationship with Brightpearl will allow Inventory Planner to better serve its current and future clients as we tap into the full potential of our integrated solution and offer a cutting edge demand forecasting technology to fast-growing merchants,” said Inventory Planner co-founder, Oleg Smirnov
KEY FEATURES OF INVENTORY PLANNER COMPARED TO QUICKBOOKS
To help you visualize how Inventory Planner helps inventory-based businesses with their planning and forecasting, here is a handy comparison chart:
INVENTORY PLANNER INTEGRATES WITH OVER 30 DIFFERENT PLATFORMS
In addition to the integration with both QuickBooks desktop (Pro/Premier/Enterprise) and QuickBooks Online (QBO), Inventory Planner also connects with these platforms to help manage multiple inventory data sources:
- Cin7 Inventory Management
- DEAR Inventory Management
- Locate Inventory Management
- Many others…
and of course, you can upload CSV/Excel files into Inventory Planner too.
SEE INVENTORY PLANNER IN ACTION
The Inventory Planner team was kind enough to provide a “show and tell” of their platform to my clients and friends, and here is the complete session so you can see it in action:
GET A 14 DAY FREE TRIAL OF INVENTORY PLANNER
Whether you are an e-commerce merchant, distributor, field service business, or manufacturer tracking inventory, a closer look at Inventory Planner is well worth your time.
Inventory Planner offers a fully functional 14 day free trial so you can work directly with your inventory data and see how it works.
If you prefer, work directly with their demo data to see just how effective it can be in helping you manage your inventory.
Their extensive library of help and support articles will get you going in no time.