Knowing how much stock to order for your online store can save you a significant amount of money. Thus, it is essential that store owners can predict the shopping trend and import best-sellers to meet purchasers’ demand and maximize profits. However, this task is deemed to be a big challenge for any e-shop which may take a lot of time and effort to collect and analyze the sales figures. Thankfully, Shopify Stock Forecast apps can help you with that. Specifically, these tools assist you in managing inventories as well as reporting the tendency of the market. This gives you a data background so that you can make more accurate decisions on which inventory to purchase and save time on creating purchase orders. No more spreadsheets and manual calculations needed when placing orders as long as you set up these superb apps.
Now let’s dig into some of the best Stock Forecast apps for Shopify!
Shopify Stock Forecast App by Inventory Planner
Inventory Planner
Inventory Planner is a great assistance which helps you optimize your cash flow and time with an inventory forecast based on sales trends, vendor lead time, and targeted stock levels. Especially, this app provides you with graphs and charts that illustrate your sales performance during a week or a month. In other words, it puts powerful insights into your inventory status so that you can know which goods are being sold quickly. As a result, you are able to order the right number of needed items and ultimately improve cash flow by promoting your products. Besides, you will receive warning emails about items which are being low in stock. You can also set the alert levels for your whole store or for each product as wish. Moreover, Inventory Planner integrates with much other software to push your online marketing.
Reviews and rating:
- 4.9/5
Pricing and trial days:
- 14 trial days
- Basic plan: $99.99 per month
Demo Store
Key features:
- Forecast inventory given sales trends
- Determine which products to be ordered first
- Provide forecasts corresponding to seasons
- Prepare promotions for later uses
- View ordered and received items across multiple sales channels and warehouses from one dashboard
- Make high level financial plan for business with Open-to-Buy
- Work well with Google Analytics, StitchLabs, Ordoro, Quickbooks Online, Brightpearl, and TradeGecko
Shopify Stocky Inventory Management App by Shopify
The time you spend on calculating how many new stock orders to place can be now reduced to the minimum with the aid of Stocky Inventory Management. This app provides accurate forecasts based on seasonal trends. For instance, it looks at last season sales to recommend the order quantity of products in real time.
Besides, Stocky Inventory Management states projections given recent sales performance of each variant over a given period of time. This works specifically for non-seasonal products and items that were not in stock last season. Additionally, you can then easily make a purchase order which can be downloaded as a PDF or CSV for emailing to your suppliers. One thing to keep in mind is that, to get the best out of Stocky, your shop should be running for 3 months and have at least 10 SKUs and over 50 orders per month. In case your store meets these requirements, you can then enjoy tons of benefits that this app offers.
Reviews and rating:
- 4.9/5
Pricing and trial days:
- 30 trial days
- Small plan: $29 per month
- Medium plan: $59 per month
- Large plan: $79 per month
- Shopify Plus Store plan: from $99 to $249 per month
Demo Store
- Not available
Key features:
- Suggest purchase orders based on seasonal and non-seasonal sales performance of each variant
- Enable downloading purchase orders in PDF or CSV
- Synchronize and update orders with Shopify automatically
- Adjust log stock with reason code and employee names
- Transfer stock between warehouse or store locations
- Attach product images to purchase orders
- Allow printing labels using a Dymo printer
- Run stock takes on a computer and iPad
Shopify Smart Inventory App by atomdot
atomdot
As the name implies, Smart Inventory is a smart tool which helps you understand your inventory status thus to drive your business growth. In particular, it visualizes the speed at which your products are selling. For example, Smart Inventory displays items that are not moving or moving slowly from your warehouse. Therefore, you can take timely actions to save cash out of overstocked products, which in turn can be reinvested into more good sellers that bring about more profits.
Besides, this app is integrated with the best technology applications these days – AI and machine learning – in order to help you forecast the trends of multiple product sale speed at a glance. In addition, Smart Inventory prevents the out-of-stock status of any item by giving suggestions on the quantity to be reordered in the real time. As a result, your best sellers will never run out but generate dramatic sales for your store.
Reviews and rating:
- 5.0/5
Pricing and trial days:
- 14 trial days
- Free plan: free
- Growing plan: $19.99 per month
- Scaling plan: $29.99 per month
- Large plan: $49.99 per month
Demo Store
- Not available
Key features:
- Give suggestions on reordering products using AI analysis and machine learning
- Detect products and variants that sell slow and fast
- Provide detailed charts illustrating the changes of various products’ inventory
- Execute reorder quantity calculation of each product
- Make history inventory changes collection and analysis
- Identify the total stock value of variants in retail price with “Stock Value”
- Set the time length for a product to last in stock with “Safety Stock Days”
- Filter products supplied by the vendor
Shopify Stock Forecast App by TradeGecko
TradeGecko
If you are looking for an efficient way to manage multiple stores and multi-channel inventory from one hub, TradeGecko is a wonderful solution. This versatile app is equipped with a wealth of features, among them is the stock forecast function. Specifically, by updating accounting ledgers, sales channels and stock levels automatically on a regular basis, this app helps you draw up sales, profit and cost reports in perfect details. Hence, based on these figures, TradeGecko gives you a reliable demand forecasting. As a result, you will have a better idea of when to procure stock and fulfill orders to keep inventory to whichever levels that you want. Furthermore, the app supports all of the features to be doable for multiple warehouse locations simultaneously. On top of that, in addition to the inventory forecast, there are much more helpful features listed below.
Reviews and rating:
- 4.3/5
Pricing and trial days:
- 14 trial days
- Founder plan: $39 per month
- Lite plan: $99 per month
- Small Business: $249 per month
- Business plan: $699 per month
Demo Store
- Not available
Key features:
- Synchronize all revenue and costs
- Automate order routing and logic
- Join orders from multiple sources with inventory and accounting apps
- Provide detailed sales, profit and cost reporting, and demand forecasting
- Analyze the performance of sales channels, products and purchasers
- Offer digital payments in multiple currencies and countries
- Provide stock takes, pick pack and ship along with a barcode scanner, and print barcode labels
- Work well with Xero, Amazon, eBay, QuickBooks Online, ShipStation, and FBA
Shopify Stock Forecast apps suggested above are excellent tools for any online store owner. Find out more about helpful stuff at top Shopify apps and Best Free and Premium Shopify Back In Stock Apps.
