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What is optoinventory?

Efficient management of supply chains, marked by accuracy and speed, is crucial for improving operational productivity, increasing profit margins, and achieving a competitive edge in the market. Opto Inventory Software offers an affordable and real-time approach aimed at simplifying the processes of inventory management and distribution oversight. Utilizing proven inventory management strategies, this software helps users synchronize customer needs with supplier delivery times, create quotes, monitor sales conversions, handle over-the-counter transactions, issue invoices swiftly, and ensure efficient dispatching. To assist businesses in maintaining ideal stock levels, the system automatically refreshes inventory counts with each sale made. Additionally, users are promptly notified when inventory levels fall below a certain threshold, which minimizes the risk of losing sales due to items being out of stock. This efficient method enables organizations to function smoothly and adapt quickly to fluctuations in inventory. Moreover, the integrated features work together in real-time, significantly boosting overall operational effectiveness and enabling better decision-making for future inventory planning.

What is Inventory Planner by Sage?

To keep your best-selling products in high demand, it’s essential to manage inventory levels that meet customer expectations. Release cash tied up in slow-moving or surplus stock to reinvest in your top items. Accurately track what needs to be restocked and determine the best moments for reordering by considering crucial factors such as lead times, out-of-stock periods, and seasonality. Having a centralized view of all your sales channels and inventory locations enables you to ensure timely restocking of essential products, regardless of your business's operational scope. Employ seasonal forecasting methods to enhance your ability to anticipate demand for seasonal items effectively. For products that sell consistently every month, use non-seasonal forecasting, adjusting your analysis timeframe to capture sales trends accurately. Additionally, analyze historical stockout data to refine demand forecasts, as this approach accounts for availability while ignoring times when items are out of stock. By integrating these strategies, you can improve your inventory management, leading to a significant increase in sales performance, while also adapting to market changes more swiftly. Ultimately, a proactive inventory strategy not only maximizes efficiency but also enhances customer satisfaction by ensuring product availability.

Media

Media

Integrations Supported

Ordoro
QuickBooks Commerce
ShipBob
Unleashed

Integrations Supported

Ordoro
QuickBooks Commerce
ShipBob
Unleashed

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$99 per 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

Opto Software

Date Founded

1996

Company Location

Australia

Company Website

www.optosoftware.com.au

Company Facts

Organization Name

Inventory Planner by Sage

Date Founded

2014

Company Location

France

Company Website

inventory-planner.com

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

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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