The BigCommerce inventory planner tool offers advanced forecasting tools for predicting demand and accurately planning inventory purchases. The software also contains a purchase planning feature to help businesses determine the optimal quantities to order while ensuring timely restocking using stock replenishment tools. Inventory Planner makes proactive purchasing recommendations based on detailed estimates to help you minimize expenses and optimize profits.
Another aspect of the BigCommerce inventory planner tool includes reporting and analytics to monitor inventory performance in order to make data-driven decisions. By utilizing Inventory Planner, businesses can reduce stockouts and overstock situations leading to more efficient inventory management. Here are the advantages of the tool:
- Forecast demand accurately to optimize inventory.
- Plan purchases and determine optimal order quantities.
- Ensure timely stock replenishment.
- Monitor performance with reporting and analytics.