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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/vhosts/operationorganiser.com/httpdocs/wp-includes/functions.php on line 6114Get smart inventory purchasing recommendations based on reliable demand forecasts for all your products, including seasonal, non-seasonal, fast-selling, slow-moving, retail and wholesale products. Brightpearl’s Inventory Planner factors in supply lead times, seasonality, promotions, market shifts, your most recent sales trends and your periodic sales comparisons for predictable accuracy – even in unpredictable times.
As well as giving you reliable buying recommendations, Brightpearl also automates your purchase orders. Place POs directly from your buying recommendations in a couple of clicks. Set automation rules based on your own workflows to make your whole purchase order management hands-free.
Cash is king – now more than ever. But do you know how much of your cash is tied up in any inventory that is not selling, whether it’s your ‘safety stock’ or overstock? There can be millions of dollars at stake! Brightpearl Inventory Planner flags items that aren’t selling fast enough compared to your customer demand, as well as the associated overstock costs, so you can easily see which items to liquidate first and keep your cash flow healthy.
Hold inventory in more than one location? No problem. Brightpearl’s Inventory Planner will provide you with accurate forecasting across all your locations, including your own warehouse, 3PL, brick and mortar stores and Amazon FBA. Plus, it will optimize inventory levels across all your locations by recommending what products would benefit from being moved from one inventory location to another.
Brightpearl Inventory Planner unlocks deeper insight of the inventory impact on your cash flow, thanks to its sales forecasting and inventory planning capability. For instance, you’ll easily know how much revenue you’ll miss out if you delay your replenishment, or the costs associated with your slow-moving products if you don’t liquidate them immediately.
When you have a large volume of product variants, it’s tricky to determine how much is needed to avoid overstock of some variants and stockouts of others. This is where Brightpearl’s Inventory Planner does all the hard work for you. It forecasts sales and provides purchasing recommendations even down to variant level, saving you hours on tedious, error-prone calculations.
Warehouse storage fees and shipping container costs weigh heavily on your total operational costs. With Brightpearl’s Inventory Planner, you can limit the number of units for each warehouse, and your buying recommendations will automatically adjust to your preferences. You can also easily scale your purchase order to fit a container by adding cubic metrics or weight, in order to make the most of capacity limits.
Knowing how much to buy of a new product line can be challenging. With Brightpearl Inventory Planner, you can use similar product categories as a reference to predict sales forecasting and get replenishment recommendations for your new product. Plus, you can narrow it down to variant level such as size, color or pattern, so you’ll know in detail the right assortment and quantity to meet future demand.
Our Open-to-Buy feature allows you to easily plan your purchasing budgets by product category, brand and vendor to meet your sales goals. Still new to OTB? Simply use last year’s sales or forecasted sales to plan budgets for the upcoming months. Need more advanced usage? No problem, OTB lets you analyze actual revenue LLY (Last Last Year), plan purchasing budgets based on expected margins and even forecast the number of units you need to order based on price and revenue goals.
“We have more than 20,000 SKUs, with up to 5,000 new products added each year, so staying on top of our inventory has previously been a challenge – and overselling was an easy mistake to make. Brightpearl has given us accurate predictions that help us avoid stockouts and navigate issues with our supply chain.”
Jeff Elvin, President, Dakota Stones
“The risk of stockouts before was previously huge, but now it’s non-existent. We can accurately forecast demand, even factoring in promotions and peak periods. Thanks to Brightpearl, I’d say we’ve saved two full time members of staff, or 320 hours a month – at the very least.”
Jorge Henriques, COO, Bond Touch
“We do a significant proportion of our sales in the run up to Christmas. Being able to accurately forecast our stock needs using Brightpearl’s Inventory Planner, has been a huge help for us – we no longer have to spend hours on spreadsheets!”
Alvaro Gomis, Co-founder, Jimmy Lion
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