Shopify App : PlanAI

Sales forecasting, Stockout prediction & Demand analytics tool

About PlanAI

No Stockouts with less Stocks : Purchasing right amount of stocks based on sales forecasts provided by PlanAI enables you to hold the optimum amount of inventory.

Spend less time prioritizing : With PlanAI you don't have to worry about prioritizing orders. Use our dashboards to view your SKU sales momentum.

Enhance your Supply Network : Enhance your decision making abilities by combining all different stream of data into one Action Taking solution.

Description

PlanAI is an action-taking Supply Chain Management solution that powers the operations of multiple clients with an annual turnover of over 5 million USD servicing 1000+ SKUs in different locations.

About PlanAI

PlanAI is a smart Supply Chain Management tool developed by the AI Systems Pvt. Ltd. that allows you to make informed decisions before ordering inventory. It brings inventory control and Supply Chain into the foreground and turns it into your competitive advantage by giving merchants like you, greater agility, control and allows you to avoid stock out scenarios for your products.

Use the PlanAI Supply Chain Management tool to get insights and empower your company to take the actions that will continue to fuel your growth whilst optimizing your working capital.

How PlanAI Works

PlanAI connects with your Enterprise Resource Planning (ERP) database and Shopify data to model your supply chain network. The insights gained by these descriptive analytics allows PlanAI to leverage the powerful capabilities provided by deep learning and machine learning models to solve supply chain issues and accurately provide you with:

  1. Forecasting: Based on the analysis of sales, trends, vendor lead time and other exogenous and endogenous features, PlanAI can forecast future sales, required inventory and safety stock levels etc.

  2. Stockout Analysis: PlanAI provides Stockout Predictions that enables merchants like you to order optimum inventory at the required time.

  3. Supply Chain Analytics: Use PlanAI's data-driven dashboards to analyze and prioritize your supply chain.

  4. Demand analytics: Using PlanAI you can perform analytics on your demand at SKU level.

  5. Smart ERP Integrations: PlanAI combines your off premise stock, purchase and other data in a single data source for AI based predictions and deep analytics.

How to use PlanAI

PlanAI is intuitive and an easy to use Application, simply:

  1. Install the app and allow requested permissions

  2. Navigate to the setup tab

  3. Enter the details of where your historical Stock purchase and Inventory data is held

and you're Done!

Important Note:

To effectively use of this tool, you will be REQUIRED to provide PlanAI access to your Inventory Data and Stock Purchase History. This is essential for the machine learning algorithms to predict accurate numbers which can be translated into actionable insights.

For any queries or assistance, please feel free to reach out to us using the details provided in the Support tab

App Images
Launch date
February 25, 2022
Latest Blog Posts on theaisystems.com

Factors Effecting Demand Forecast

[2022/06/06 12:59:04]

Overview In this article we will discuss mainly how discount schemes influence sales along with other contributory factors. The information discussed in this post is of an FMCG company for...

Enabling Ecommerce Retailers in the world of Artificial Intelligence

[2022/06/06 07:43:16]

In today’s fast evolving world of ecommerce, it has become imperative for businesses to keep up with changes in consumer trends to efficiently scale and survive. Using traditional methods for...

About the Author

Matej Kontros

Matej Kontros is an E-Commerce expert and app developer with over a decade of professional experience in IT.

Matej has worked for organisations of all types and sizes, including global players, startups, and agencies. He designed, developed, and maintained complex projects.

Matej's expertise includes e-commerce, software engineering, web development, systems administration, internet security, managing projects, and building teams.

Visit his website at [ Web Linkedin ] or contact him at [email protected].