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7thLite ‑ Inventory Manager logo

7thLite ‑ Inventory Manager

Develop by Shopify
Free plan available

Premier inventory and forecasting solution for your business

Reorder recommendations
Test buy module
Sales trend analysis
Automated order execution
Graphical reports

About 7thLite ‑ Inventory Manager

Launched Jan 12, 2023

Categories

Built by Shopify

Address

Unit 1-2 Phoenix Workshops, Station Road, Mochdre, Colwyn Bay, WLS, LL28 5EF, GB

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Description

Manage inventory and optimize cash flow using sophisticated algorithms allowing for better sales.

With 7thLite you will have the ability to better react and proactively respond to your customer's preferences. 7thLite automatically analyzes your business and makes reorder recommendations to have the right product when your customer wants it. 7thLite's Test Buy module allows you to test products and reorder quantities within two days of selling to prepare for future demand trends. 7thLite's Report module uses graphs and charts with drill down capabilities to place data at your fingertips.

With 7thLite you will have the ability to better react and proactively respond to your customer's preferences. 7thLite automatically analyzes your business and makes reorder recommendations to have the right product when your customer wants it. 7thLite's Test Buy module allows you to test products and reorder quantities within two days of selling to prepare for future demand trends. 7thLite's Report module uses graphs and charts with drill down capabilities to place data at your fingertips. more
  • Proprietary algorithms analyzing sales trends and inventory productivity
  • AI and Machine Learning algorithms to determine inventory overages & shortages
  • User entered projections to manage inventory productivity and Open to Buy (OTB)
  • Automated order execution based on projections
  • Pre-made reports based on best practices with graphs, charts and drill down

Pros

  • Premier inventory and forecasting solution using AI and machine learning
  • Automatically analyzes sales trends and makes reorder recommendations
  • Includes Test Buy module for testing products and adjusting reorder quantities quickly
  • Uses proprietary algorithms to determine inventory overages and shortages
  • Features automated order execution based on projections
  • Offers user-friendly reports with graphs, charts, and drill-down capabilities
  • Allows user-entered projections for better inventory management
  • Facilitates proactive response to customer preferences

Cons

  • Potential complexity in setup due to advanced algorithms and AI usage
  • May require initial learning curve for users unfamiliar with inventory management software
  • Limited flexibility if proprietary algorithms do not align perfectly with user needs
  • Dependency on accurate input data for effective analysis and recommendations
  • Potential for over-reliance on automated recommendations without manual oversight

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