Extend Inventory Forecast AI

Develop by Shopify

/ Month

3 Days Free Trial

Forecast inventory to avoid overstocking/understocking

Dashboard analytics

Demand forecasting

Intuitive reports

Ai sales predictions

Inventory calculation

About Extend Inventory Forecast AI

Launched Oct 10, 2024

Built by Shopify

Address

114 W. 17th Street, New York, NY, 10011, US

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Description

Get insights from historical sales data with AI powered monthly sales predictions for each product.

Inventory Forecast AI generates intuitive reports and future sales predictions based on the historical sales data of each product in your store. It enables merchants to accurately forecast demand and prevent the costly issues of over-stocking and under-stocking. With an easy-to-navigate dashboard, the app delivers valuable insights that help retailers, manufacturers, and wholesalers make data-driven inventory stocking decisions with confidence.

Predict future sales using historical product sales data with the help of AI
Calculate how much inventory you need based on AI-powered sales predictions
Analyze your sales and forecasts in an intuitive dashboard

Pros

Generates intuitive reports and future sales predictions based on historical sales data
Helps prevent overstocking and understocking by accurately forecasting demand
Easy-to-navigate dashboard provides valuable insights for decision-making
Enables retailers, manufacturers, and wholesalers to make data-driven inventory decisions
AI-powered predictions help calculate how much inventory is needed
Allows for analyzing sales and forecasts in an intuitive manner

Cons

Accuracy heavily reliant on quality and comprehensiveness of historical sales data
Potential learning curve for users unfamiliar with AI-based analytics
Requires continual data input and updates for best results