Did you know that Zentail’s Inventory Planning Suite has powerful tools to help you automate and streamline your inventory related activities? Whether you need help with demand forecasting or efficiently creating purchase orders, our tools can help you optimize these processes and enforce them with data. What’s more, you already have access to these tools with your current Zentail plan. Read on to learn more!
No one wants to stock out of a hot-selling item, but it can be incredibly tough to judge when to reorder a product and how much of it to reorder. Zentail’s Demand Forecasting tool alleviates this pain by taking into account your company’s historical sales data, lead times, holding costs and more to calculate demand for every SKU in your catalog. On this page, you can check out the recommended reorder frequency, order quantities, days to stock out and opportunity cost—as well as many other important indicators on a per-SKU basis. For more information, read the Demand Forecasting Overview.
Zentail makes it easy to leverage the demand forecasting data when you create your purchase orders - plus you can eliminate disparate systems and additional costs! After you identify the vendor for a new PO, you’ll see the opportunity cost as well as the optimal reorder quantity for each SKU associated with that vendor. These suggestions save you time and speed up the overall time it takes to create POs in Zentail.
Go to the Shipments page to create and manage FBA shipments, initiate a warehouse transfer, and manage your purchase orders once they’re marked “Accepted.” Inbound shipments keep inventory up-to-date across the board and keep Amazon informed about en route inventory. Furthermore, having all of your shipments in one location ensures that you never lose sight of inventory moving in and out of your warehouses. To find out more, check out the Shipments Overview.