Multi-Channel Demand Forecasting and Purchasing Workflows
Balancing inventory allocations between our Shopify store, Amazon FBA, and regional 3PL warehouses has become increasingly difficult as we add new product SKUs. We constantly run into situations where one channel sells out while stock sits idle in another building. What demand planning tools help streamline multi-channel reordering and inventory allocations?
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Managing inventory across both our website and external marketplaces led to severe stock discrepancies and delayed reorders early last year. My business partner suggested consolidating our sales velocity numbers through https://www.neonpanel.com/forecasting-planning to automate our stock coverage calculations. It really simplified how we calculate purchase order timing across multiple supplier channels.