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2 posts from January 2018

The Inventory Planner - An Inventory Forecasting Tool for Your Business

The inventory stock status report in QuickBooks is a good way to keep score on your inventory, and see what items you need to order.

But what if you want more than it provides?

Consider a closer look at the Inventory Planner software package to help with your QuickBooks inventory forecasting needs.

THE INVENTORY PLANNER APPROACH

Designed to help e-commerce businesses with their inventory management, Inventory Planner brings many helpful features to you, including:

  • Automatic forecast and replenishment
  • One click purchase orders
  • Overstock analysis
  • Tracking multiple sales channels in one central place

I really like the forecasting module, as it looks at both the sales history of an item as well as forecasted usage, as shown in the screen shot below:

Inventory Planner Forecasting

The same applies to the overstock module, as Inventory Planner identifies slowly moving inventory and helps to take action on it. You will see if product is overstocked according to its current sales velocity. It can also analyze some common reasons why a product might not be selling well, for example the most popular sizes or colors are sold out.

Inventory planner overstock

CONNECTIVITY TO QUICKBOOKS ONLINE AND E-COMMERCE PLATFORMS

Currently, Inventory Planner connects to QuickBooks Online, as well as e-commerce platforms such as: Shopify, Amazon, WooCommerce and many others.

You can use Inventory Planner with the desktop versions of QuickBooks, but you'd have to use their CSV import tool in order to accomplish that. They currently do not offer a direct integration with QuickBooks desktop products (Pro, Premier or Enterprise).

FREE TRIAL AND PRICING

Inventory Planner provides a free 14 day trial of their software. At the conclusion of the trial, pricing starts at $99/month for tracking up to 1000 skus, and then scales from there based on the number of stores and number of skus being tracked.

I have found their support team to be exceptionally responsive and helpful as questions have popped up in working with their software.

If you've been looking for a tool to help you plan and manage your inventory more effectively, I encourage you to take a closer look at the Inventory Planner package.

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Improve Your Profits and Cash Flow in 2018!

You're invited to my Crankin' Up Your Cash Flow! webinar series that starts in just a few weeks!

Crankin' Up Your Cash Flow! will show you how to manage and improve the cash flow that runs through your small business.

This webinar series provides you with tools, tips, and ideas on how to make this new year the best it can be when it comes to profits and cash flowing through your bank account.

The webinars will be offered over a three week period (each will be recorded of course!). Also, I'll be setting up a private forum for participants to interact with me as well as other small business owners taking part in the Crankin' Up Your Cash Flow! sessions (participation here is completely optional).

There are a very limited number of slots available so we can have a nice small group!

Learn more about how Crankin' Up Your Cash Flow will help your business...

Crankin Up the Cash Flow Button

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