Automated Inventory Demand Planning Software
Have confidence knowing you have the right products at the right time with demand driven forecasting. With Brightpearl, take the guesswork out of what needs to be ordered and gain control of your inventory so you can focus on growing your business.
“Being able to streamline our business and plan properly means we’ve seen a 25% increase in turnover. As a seasonal business, forecasting is really important for us and a fantastic feature of Brightpearl.”
Key Inventory Planning Features
With Brightpearl’s integrated inventory demand planning solution, understand exactly how your inventory is performing so you can put your time and money into the most impactful areas of your business. Identify trends to ensure you have the right products at the right time.
Inventory demand planning
Tap into readily available product data such as seasonality, out of stock periods, average sales, trends, and product lead times to compute accurate stock order forecasting and ensure your inventory levels and purchase orders are aligned to customer demand.
Automatic reorders
Save time using automatic replenishment suggestions for each individual product. Compute your sales forecast for thousands of products in minutes and see an estimation of potentially lost revenue due to out of stocks.
Identify overstocked SKUs
Free up cash that’s held up in slow moving inventory by easily identifying overstocked SKUs. Apply discounts, move items up in the product category listing, or increase sales by gaining more traffic.
Open-to-buy reporting
Measure your performance against a set of predetermined criteria. Understand how much inventory you need to buy on a monthly basis and allocate corresponding budget for vendors, categories and brands to meet your sales projections.
Inventory dashboards
Keep track of inventory KPIs - revenue, profit, turnover, gross margin, and others - to see how fast your inventory is moving and the impact of those changes. Compare sales by date ranges to detect trends and adjust your strategy.
Benefits of automated inventory planning and control software
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Release the money tied up in overstock
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Invest in the right products
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Release money tied up in overstock
Don't miss out on the lost opportunity that comes with over and understocking your inventory. Know what’s not selling, what is selling and when with real-time replenishment suggestions so you feel confident about your inventory based on true needs and sales predictions.
Invest in the right products
Minimize the time you spend manually predicting what's going to sell and when with a simplified approach to optimizing inventory. Know exactly why some products aren't selling, order enough of the right product to meet demand and know what the best price is to generate more sales.
“We really took advantage of the Inventory Planner app too. Inventory Planner is an affordable, elegant solution that has helped improve our inventory and purchasing. We were doing our predictive order patterns modelling on spreadsheets before. Inventory planner takes that to another level, with elegance.”
- Wave McFarland, The Woolery
Invest in the right products
Minimize the time you spend manually predicting what's going to sell and when with a simplified approach to optimizing inventory. Know exactly why some products aren't selling, order enough of the right product to meet demand and know what the best price is to generate more sales.
“We really took advantage of the Inventory Planner app too. Inventory Planner is an affordable, elegant solution that has helped improve our inventory and purchasing. We were doing our predictive order patterns modelling on spreadsheets before. Inventory planner takes that to another level, with elegance.”
- Wave McFarland, The Woolery
“With Brightpearl we’re not just saving time and gaining efficiency, but also gaining real insight into our business.”
A powerful all-in-one retail operations platform for retailers and wholesalers
Make data-driven inventory forecasting decisions with a powerful inventory demand planning tool that’s fully integrated with vital parts of your business including sales, inventory, purchasing, CRM, POS and accounting.
See the benefits of Brightpearl’s inventory planning in action
With Brightpearl, you will have a retail and wholesale management platform that can scale with your business growth. Learn more about why Brightpearl is the best solution for your business and how it can improve your inventory demand planning with a personalized demo from our business experts.