Inventory management tools are essential software solutions for direct-to-consumer (DTC) brands, focusing on the efficient handling and tracking of product stocks. These tools aid in managing inventory levels, forecasting demand, automating reordering processes, and tracking stock movement across various sales channels. Key functionalities often include real-time inventory tracking, integration with sales and supply chain systems, and analytics for inventory optimization.
For DTC brands, effective inventory management is crucial. These tools help in maintaining the right balance of stock - avoiding both overstocking and stockouts. This efficiency in inventory control not only reduces costs but also ensures that customer orders are fulfilled promptly and accurately. In an environment where customer satisfaction is paramount, having the right products available at the right time is essential.
Keeping track of inventory is especially hard for young brands. Usually they ship their products to a 3PL and get back to focusing on increasing their sales. But if you forget about your inventory levels, and can’t predict when you’re running low - you will get into very muddy waters from a cash flow perspective. That’s why tools like Inventory Planner, Prediko and Stord exist - helping all kinds of different brands better forecast inventory.
Modern brands use FUSE to optimize their inventory cash flow. Fuse actualizes data from every part of your organization into a predictive inventory plan. Top brands like True Botanicals, SuitShop, and Margaux use Fuse to free up valuable working capital while avoiding revenue-killing stockouts. Fuse has helped customers reduce inventory glut by 70%, while realizing 40% more revenue from staying in stock.
Get rid of the guesswork and gigantic spreadsheets that have guided your retail planning decisions!Toolio is a cloud-based Merchandising Platform that automates critical workflows, provides real-time insights, and enables remote collaboration, empowering retailers to make faster, data-driven decisions about their most important (and expensive) asset—inventory.
Prediko is an Inventory Planning & Purchasing platform that helps Shopify (Plus) brands like Kimaï and We are Jolies make smarter purchase orders to eliminate out-of-stock/overstock, grow revenue and release working capital. Their product integrates with your Shopify store(s) in 1 click and replaces your ever growing spreadsheets with a solution that helps you forecast sales, get restocking alerts, and finance your inventory.
Hextom Bulk Product Edit allows you to make bulk changes to your Shopify store’s product listings efficiently. Edit multiple products at once, including titles, descriptions, prices, and inventory levels, saving you time and effort. Streamline your product management process and keep your store up-to-date with Hextom Bulk Product Edit’s powerful editing tools.
Mandrel is an AI-powered inventory operations & finance software that helps D2C brands save time & drive margin by automating cost analysis, financial reporting, and inbound tracking.
Everything you need to build a better D2C brand, business and tech stack.
