Name: Inventory Planner Overview | Demand Planning | Sales Forecasting | Replenish Stock and Inventory
Uploaded: 2022-09-15T15:14:41.000Z
Duration: 3 min 44 s
Description: Inventory Planner Overview

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Inventory Planner, from Sage since their January 2022 acquisition of Brightpearl (Brightpearl acquired Inventory Planner in 2021) helps eCommerce merchants forecast customer demand to have the right amount of stock on hand.

DEAR Systems is now part of Cin7 since the early 2021 acquisition. They offer a multi-channel order and inventory management oriented around the needs of retailers, that scales to support warehouse operations, point of sale solutions, as well as accounting and ecommerce integrations.

Standard

Manufacturing

Retailing

SAP S/4HANA Cloud

Inventory Planner by Sage

Inventory management systems are built to handle every stage of the inventory process lifecycle. There are several essential components to most inventory management solutions, starting with order entry capabilities to handle purchase automation. Another standard feature: inventory control and warehouse management to track products and manage workflows through warehouse management. Inventory management systems also typically include distribution capabilities for supply chain management. Fully-featured inventory management systems may also include integrations with customer lifecycle service management, enterprise resource planning software, and robust financial analysis and insights.

Inventory Management

Sage provides business software, services and support to small and medium sized businesses. Whilst our heritage is in the small business market we also have the experience and expertise to meet the needs of specific industries and larger organisations.

Sage is a global company with more than 6 million customers, 13,600 employees and 30 years of experience working with small and medium sized businesses. However, despite our global reach we have built our success on understanding and meeting the needs of customers in their local markets. Therefore the majority of our products and services are developed and supported locally. This ensures we provide a choice of high quality products and services which are relevant to our customers, use the most appropriate technology and are supported by local experts.

Sage

Inventory Planner Overview | Demand Planning | Sales Forecasting | Replenish Stock and Inventory

Learn about how forecasting customer demand with Inventory Planner can improve cash flow, profitability, and save time on purchasing for your eCommerce business. 

▶ Try Inventory Planner for free for 14 days: https://www.inventory-planner.com/ 

⭐ Get started with demand planning and Inventory Planner: https://youtu.be/RM7oMkARM9A 

🎥 Other Resources To Watch: 
➡️ Inventory and Demand Forecasting Metrics and Reporting: https://youtu.be/qPhyxbbgUr0 
➡️ Advanced Forecasting & Inventory Control: https://youtu.be/kNBViNIHG8A 
➡️ Quick tip: Dynamic Safety Stock: https://youtu.be/cZc9nE03-cM 

💻 Additional resources on our blog: 
➡️ Ultimate Guide to Forecasting: https://www.inventory-planner.com/post/ultimate-guide-to-inventory-forecasting 
➡️ 8 Sales Forecast Tips You Need To Learn Now: https://www.inventory-planner.com/post/8-sales-forecast-tips-you-need-to-learn-now 
➡️ Inventory Control and Replenishment for Multiple Warehouses: https://www.inventory-planner.com/post/inventory-control-for-multiple-warehouses 
#inventory #ecommerce #demandplanning

The ability to track and manage the flow of goods or materials into and out of an inventory.

Inventory tracking

The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.

Automatic reordering

The software can be set up to automatically reorder a good when it falls below a certain threshold.

Location management

The software can track multiple goods across multiple locations.

Serial number and batch tracking

Track individual items via serial number or batches of items made or purchased at the same time in addition to total stock of item types.

Barcode scanning

The software offers UPC creation and scanning capabilities or integrations for tracking inventory.

Automation rules

Rules can be established to automate reordering items, applying tags to organize inventory, creating production orders, shipping items via specific carriers or methods, and more.

Reporting and analytics

Reports about historic and current inventory and order trends are available.

Fulfillment

When orders are received, pick orders are sent to the ideal location and fulfillment status can be tracked.

Backorder management

Backorders are prioritized and fulfilled as new stock arrives.

Returns management

Returns are processed and accounted for among orders and inventory.

Bill of materials management

The software can create and manage BOMs based on orders.

Item kitting

Items can be bundled and sold together in a kit, and the software will automate the necessary tracking and fulfillment steps to manage each individual item.

Invoicing

Invoices for orders can be created and sent, and invoices from suppliers can be managed.

Forecasting

The software predicts future inventory and order trends, and may offer reordering and production suggestions based on these predictions.

Accounting integration

The software integrates with accounting software for more comprehensive bookkeeping.

Point of sale integration

The software integrates with a point of sale system for payment processing.

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