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Description
We transform your data into precise predictions tailored for your business. By enabling you to make informed decisions about inventory, we help you optimize your capital and accelerate your growth. Relying on spreadsheets for inventory management is inefficient; they are often outdated and consume valuable time from your team. Furthermore, these spreadsheets are susceptible to human mistakes, which can lead to financial losses for your company. This often results in a reactive approach to purchasing, leaving little room for strategic planning. Eliminate the uncertainty surrounding your purchase orders. Without a clear view of when stock will deplete, you may struggle to accurately forecast future demand based on past sales. Over-purchasing unnecessary products can tie up funds that could be better utilized for your business's expansion. This mismanagement can lead to lost revenue opportunities. Additionally, if you do not offer backordering options, customers may be unable to purchase desired items, leading to negative experiences that can damage brand loyalty over time. A more efficient inventory strategy can greatly enhance customer satisfaction and ensure smoother operations.
Description
Forthcast is an innovative application designed for Shopify merchants, utilizing AI to enhance demand forecasting and inventory management. By examining the sales history of your store, it predicts SKU-level demand for up to twelve months in advance, ensuring you can make informed purchasing decisions that help avoid both stockouts and excess inventory.
Key functionalities include detailed demand forecasts that incorporate seasonal and trend analyses; intelligent reorder notifications alongside calculations for reorder points; automatic generation of purchase orders; tracking of lost sales to assess revenue losses due to stockouts; detection of demand anomalies; support for bundles and kits without duplicating stock; customizable safety stock settings; management of multi-location inventory; and reporting on forecast accuracy.
Forthcast connects seamlessly in real-time with Shopify and also integrates with platforms such as Amazon, QuickBooks, Xero, and Notion. It is specifically designed to assist growing retailers with extensive and active product catalogs that have surpassed the capabilities of traditional spreadsheet-based planning systems, providing a more efficient and accurate way to manage their inventory needs. Additionally, this tool empowers merchants to optimize their stock levels effectively, ultimately leading to enhanced profitability and customer satisfaction.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Pricing Details
$69 per month
Free Trial
Free Version
Pricing Details
$19.99/month
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Cogsy
Founded
2020
Country
United Kingdom
Website
cogsy.com
Vendor Details
Company Name
Forthcast
Founded
2025
Country
Netherlands
Website
www.forthcast.io
Product Features
Inventory Management
Alerts/Notifications
Barcoding / RFID
Forecasting
Inventory Optimization
Kitting
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management
Warehouse Management
Predictive Analytics
AI / Machine Learning
Benchmarking
Data Blending
Data Mining
Demand Forecasting
For Education
For Healthcare
Modeling & Simulation
Sentiment Analysis
Product Features
Inventory Management
Alerts/Notifications
Barcoding / RFID
Forecasting
Inventory Optimization
Kitting
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management
Warehouse Management