Hey Sam! Yep, we tried out RestockPro, Teikametrics and a number of other solutions. We also asked around to see what others in the industry were using and recommending. Forecastly was a clear winner for us. The forecasting predictions are the most accurate, the user interface is the easiest to use and it includes a number of other bells and whistles that were a nice bonus.

Jeremy, thanks for your post. nice meeting you here!

What about a promotion for Greg’s team? we are a huge group following Greg, and we will all grab it!

One of the main areas where Forecastly shines is the prediction of ‘when’ to replenish inventory. Many sellers are focused on ‘how much’ to replenish, but it is actually more important to accurately predict ‘when’ you should be making that replenishment order accurately. We don’t need to talk about what specifically makes our algorithm different, but it is important to note that our system has been developed by professional inventory managers and statisticians to make an incredibly accurate prediction of future demand.

There are some other tools that do a great job at automation in the replenishment process. Forecastly is tightening that up now, but it is important to remember that automation doesn’t prevent stock-outs. Accurate replenishment timing prevents stock-outs. With Jungle Stix, Greg just needed an accurately timed warning of when to place a new order with his supplier, and he would have prevented a stock-out. An automated ordering process wouldn’t have helped in this case.

I hope this info is helpful. Cheers!

Did you checked out RestockPro for inventory management? If yes, can you please give some details what Forecastly is better?

Thanks in advance
One of your many followers