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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.
Description
As a wholesaler or distributor, you're likely equipped with an inventory management system that tracks aspects like current stock levels and historical sales data, and may even include some reordering suggestions. However, to thrive in a competitive landscape, you need more than just basic metrics; you require critical insights to effectively minimize inventory while still achieving high fill rates. The Mars system evaluates purchasing patterns at both the vendor and product group levels, enabling you to reduce stock levels while capitalizing on vendor promotions and discounts. For example, in the case that a truckload is required, Mars assesses the complete order size by taking into account various factors such as units, weight, volume, and monetary value, offering recommendations on how to optimize the load—potentially including items that were not part of the initial request. With the ability to quickly and intelligently craft an ideal purchase order, the Mars system synthesizes extensive inventory, sales, and vendor data into actionable purchasing insights, ensuring that you stay ahead of the competition while efficiently managing your resources. This comprehensive approach not only streamlines the ordering process but also enhances overall operational efficiency.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Integrations
Amazon
Notion
QuickBooks Online
Shopify
Xero
Pricing Details
$19.99/month
Free Trial
Free Version
Pricing Details
No price information available.
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
Forthcast
Founded
2025
Country
Netherlands
Website
www.forthcast.io
Vendor Details
Company Name
National Business Data Systems
Founded
1972
Country
United States
Website
www.nbds.com/mars-benefits.html
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
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