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What is Retalon?

A financial plan, typically developed at a category level, serves as a crucial reference point and foundation for the creation of other strategic initiatives. This all-encompassing plan includes vital components necessary for establishing a long-term budget, along with projections related to sales, gross margin, inventory turnover, and various important key performance indicators (KPIs). Stakeholders can assess and endorse figures at different management tiers, which aids in setting financial targets for the upcoming year or several seasons ahead. The plan is based on a long-term demand forecast and utilizes insights from Retalon's predictive analytics engine, which scrutinizes historical sales data alongside factors like lost sales, promotional efforts, pricing adjustments, seasonality, and market dynamics to guide users in forecasting future sales, inventory levels, and receipts. Furthermore, this tool allows users to identify the best initial pre-allocation quantities while taking into account individual location requirements, plan-o-gram constraints, desired product assortments, inventory availability, and pertinent business guidelines. Consequently, this methodical approach to financial planning not only simplifies the decision-making process but also significantly boosts overall organizational productivity and responsiveness to market changes. By adopting such a structured framework, businesses can better navigate the complexities of financial management in a rapidly evolving landscape.

What is Forthcast?

Forthcast is a cutting-edge application tailored for Shopify merchants that leverages artificial intelligence to improve demand forecasting and inventory management. By analyzing the historical sales data of your store, it can forecast SKU-level demand for up to a year ahead, enabling you to make informed purchasing choices that help prevent both stock shortages and surplus inventory. Notable features include comprehensive demand forecasts that factor in seasonal trends; smart reorder alerts along with calculations for reorder thresholds; automatic purchase order creation; monitoring of lost sales to evaluate revenue impacts from stock shortages; identification of unusual demand patterns; support for bundles and kits without duplicating stock; adjustable safety stock configurations; management of inventory across multiple locations; and insights on forecast accuracy. Forthcast integrates in real-time with Shopify, and it also works seamlessly with other platforms like Amazon, QuickBooks, Xero, and Notion. It is specifically crafted to support expanding retailers with large and dynamic product catalogs that have outgrown the limitations of conventional spreadsheet-based planning tools, providing a more effective and precise approach to inventory management. Furthermore, this application enables merchants to fine-tune their stock levels efficiently, which ultimately contributes to improved profitability and enhanced customer satisfaction, making it an indispensable tool for modern retail operations.

Media

Media

No images available

Integrations Supported

Amazon
Notion
QuickBooks Online
Shopify
Xero

Integrations Supported

Amazon
Notion
QuickBooks Online
Shopify
Xero

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$19.99/month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Retalon

Date Founded

2002

Company Location

Canada

Company Website

retalon.com/solutions

Company Facts

Organization Name

Forthcast

Date Founded

2025

Company Location

Netherlands

Company Website

www.forthcast.io

Categories and Features

Automatic Replenishment Systems

Counting by Exception
Customer Management
Financial Management
Inventory Management
Nice Shelf Stocks
On-order Information
Sales Anticipation
Store Order Leveling
Zero Turnover Checks

Predictive Analytics

AI / Machine Learning
Benchmarking
Data Blending
Data Mining
Demand Forecasting
For Education
For Healthcare
Modeling & Simulation
Sentiment Analysis

Categories and 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

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