What is Genie: Inventory Management?

Genie is an intuitive inventory management tool built for Shopify brands that want to scale efficiently. It provides real-time tracking of stock levels, simplifies purchase order creation, and offers data-driven insights for better inventory planning. Genie’s user-friendly interface helps eCommerce brands streamline their operations and reduce costly errors associated with manual inventory management.

What does Genie solve for brands?

Genie tackles the complexity of inventory management that often slows down growth for Shopify brands. It automates tasks like stock level monitoring, purchase order creation, and forecasting, allowing brands to optimize inventory without spreadsheets or outdated ERP systems. With Genie, brands can prevent stockouts, minimize excess inventory, and make well-informed purchasing decisions based on actionable insights.

Real-Time Inventory Tracking

Genie provides up-to-the-minute data on inventory status, including items that are out of stock, running low, or overstocked. This visibility helps brands proactively manage their inventory levels and reduces the risk of revenue loss from stockouts or holding excess stock. Tracking includes details for multiple locations and integrates seamlessly with Shopify.

Automated Purchase Orders

Creating purchase orders is effortless with Genie’s smart suggestions for reorder quantities based on sales data and lead times. Brands can manage supplier details, track order statuses, and even split shipments as needed. With options to export POs in multiple formats (CSV or PDF), managing supplier relationships becomes streamlined and efficient.

Easy Demand Forecasting

Forecasting demand is crucial for avoiding costly inventory mistakes. Genie uses AI to analyze historical sales data, seasonality, and current trends to suggest the right amount of inventory to order. This feature empowers brands to optimize their cash flow and ensures they are always prepared for future demand without over-investing in stock.

Insightful Reporting and Analytics

Genie’s robust reporting tools allow brands to monitor key metrics such as inventory turnover, stock asset value, and sales velocity. Customizable reports can be scheduled to deliver critical data directly to your inbox, making it easy to stay on top of inventory health and expenses. With Genie's analytics, you can easily identify slow-moving products or items at risk of stockouts.

Supplier Management

Manage and store all supplier information in one place, including lead times, contact details, and order history. This feature simplifies the procurement process and keeps critical details organized for easy access. Upcoming features like tracking conversations with suppliers will further enhance communication and operational efficiency.