Sensible Inventory Forecasting
Inventory planning for small / medium size Shopify stores
# Sales AssistantWhat is Sensible Inventory Forecasting?
Easy-to-use inventory forecasting tool to avoid products running out of stock, lets you know when to reorder products and helps you decide on purchase quantity based on previous sales data and our suggestions.
Problem
Small/medium-sized Shopify stores often struggle with inventory planning, facing issues like overstocking or running out of stock, which can lead to lost sales or wasted resources.
Solution
Sensible Inventory Forecasting is a dashboard tool designed for Shopify stores that helps users with inventory forecasting to avoid running out of stock. The tool analyzes previous sales data and provides suggestions on when to reorder products and the quantity to purchase.
Customers
The primary users are small to medium-sized e-commerce business owners and inventory managers who utilize Shopify as their selling platform.
Unique Features
The tool integrates directly with Shopify to provide tailored forecasting based on specific store data, which simplifies inventory decisions for e-commerce businesses.
User Comments
Users appreciate the ease of setup and integration with Shopify.
Many users found the inventory predictions to be accurate and helpful.
Feedback highlighted the user-friendly interface of the tool.
Several users mentioned how the tool helped them prevent stockouts during peak sales periods.
Some users desired more customization options in forecasting models.
Traction
The product was featured on Product Hunt and has received over 500 upvotes.
It has been adopted by several Shopify stores, although specific user numbers are not disclosed.
Developers release frequent updates to improve functionalities and meet user demands.
Market Size
The global inventory management software market size is valued at $3 billion and is expected to grow as e-commerce continues to expand.
