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Demand Forecasting and Inventory Planning for Cin7 – the Best Inventory Management System

Prevent overstocks, avoid stockouts, optimise your ROI, and boost profits

Streamline logo blue + Cin7 logo

  • Forecast, plan, and place orders twice as fast.
  • 90-98% reduction in stockouts.
  • 15-50% reduction in excess inventory.
  • 35% higher inventory turnover.
  • 10-40X ROI in the first year. 100% ROI in the first month.
  • GMDH Streamline already manages over $5 billion in inventory for retailers, wholesalers, distributors, manufacturers, and ecommerce worldwide.

Align supply with future customer demand

GMDH Streamline advises you how much to purchase and when. It utilizes either a periodic replenishment strategy or a min/max replenishment strategy. It generates replenishment proposal and creates a purchase plan based on demand forecast. Purchase plan can be exported into Cin7 as a set of automatically created purchase orders. Learn more about inventory replenishment strategies at the user guide.

Ensure optimal use of capital

GMDH Streamline ensures that you are not overbuying, storing, and tying up capital unnecessarily while also ensuring you have enough inventory to prevent stockouts. Safety stock is calculated based on desired service level (per SKU or per company), forecast error, and lead time variability. This approach maintains optimal safety stock. Streamline highlights issues with low or excess inventory and then provides purchasing recommendations. The projected inventory level also highlight exceptions, such as shortfalls, potential stockouts, and excess stock.

Seamless integration

In order to import your Cin7 data into GMDH Streamline, just enter your Cin7 API Username and API Key. Learn more how to creat Cin7 API Key and how to import data from Cin7 at the user guide.

Key benefits

1. Fast and intuitive user interface

Inventory planning has to be accomplished efficiently and effectively. Therefore you can concentrate on long terms goals and business development.

2. Seamless integration of company data sources

Bidirectional connectivity allows you to pull in data from your sales system into Streamline, as well as automatically export the forecasted order information back to your ERP system.

3. Smooth and fast implementation process

A successful implementation requires the coordination of many variable factors. We are well ware of the the gamut of sales and ERP systems available on the market nowadays. Thus, we will make sure you and your team are ready to go on promptly.

4. Ideal fit of the business process in your company

Your inventory planning solution needs to be aligned with your business goals and with all of the other processes in your company.

There are many factors to consider when choosing an inventory planning software system for your company. These might include the total cost of ownership of the chosen solution, reliability, high quality support, and finally, your ability to evaluate all features before making the decision.

Inventory planning in GMDH Streamline

Let us take a closer look at Streamline features specific to inventory planning:

Download and evaluate GMDH Streamline or contact us to learn how to streamline the inventory replenishment process in your company.

Too much manual work in Excel?

Streamline your planning today:

  • Forecast, plan, and place orders twice as fast.
  • 90-98% reduction in stockouts.
  • 15-50% reduction in excess inventory.
  • 35% higher inventory turnover.
  • 10-40X ROI in the first year. 100% ROI in the first month.
  • GMDH Streamline already manages over $5 billion in inventory for retailers, wholesalers, distributors, manufacturers, and ecommerce worldwide.

Watch the inventory planning capabilities video

Learn and see in action the key features and benefits of GMDH  Streamline software.

Inventory planning capabilities of Streamline [voiced]

Accurate Demand Forecast

Is demand forecast driving your inventory level?

GMDH Streamline looks at your historical sales data and automatically chooses the best statistical model to determine the consumer demand in the future.

You can also manage, re-evaluate, and modify the forecast based on the additional information known internally by management team, or the one provided by your vendors and suppliers.

Projected Inventory Levels

Do you know the most efficient quantity of each item to carry in your inventory? Having too much or too little inventory has an associated cost and is not making the best use of your inventory investment.

The GMDH Streamline Projected Inventory Level feature calculates and displays the inventory level for future periods. These projected inventory levels are based on the current inventory, incoming supply and forecasted demand, determined by your inventory targets and forecast needs.

The periods with future inventory level shortages are marked in red, and overstocks in green. This allows you to ensure you are not overbuying, storing and tying up capital needlessly, while also ensuring you have sufficient inventory to prevent stock outs.

Order Planning

Do you always know when and which products to order based on your demand forecast and the constraints imposed by your suppliers and/or manufacturers?

You can create the perfect order instantly while maintaining your targeted inventory levels and ensuring the most effective use of your inventory investment. GMDH Streamline automatically generates the replenishment suggestions and creates the Order plan. The software calculates and provides your purchasing system (e.g. MRP systems) an optimized order proposal. A reorder point, a min level and a max level are also available for compatibility with MRP systems.

Stockout/Overstock alerts

Do you think a high degree of automation and alert-driven inventory planning important to your business?

The software highlights any issues with short or excess inventory. Additionally, it provides and then provides recommendations on how to optimize your inventory. The projected inventory level settings can also mark exceptions such as shortfall, potential stock outs and excess stock.

Inventory Optimization

How do you define your optimal inventory level?

GMDH Streamline prevents situation of short or excess inventory. Usage of inventory optimization tool will help you to target service levels, reduce inventory, and make the best use of your inventory investment.

New Products Forecasting

Do you have new units that replace discontinued products or any very new commodity with limited market history?

Not a big deal ! GMDH Streamline can link such profiles to the sales history of similar, existing products (substitutions) or set seasonal coefficients. This allows you to get a reliable forecast for those fresh items as well.

What is demand forecasting?

Demand forecasting is a process of understanding and predicting customer demand for a particular product or category. This process is based on the analysis of historical data of sales and market trends, with the following forecast based on the statistical forecast models such as seasonal, linear, or constant trend. The Supply chain management process depends on the future customer’s demand and the accuracy of trends prediction. That’s why demand planners take into account forecast accuracy and forecast error levels when doing demand forecasting. This is easy to get the most efficient levels using Streamline for demand forecasting. Streamline provides accurate demand forecast by using a build-in expert system that automatically analyzes each item for levels, seasonality, trends, and intermittency.

What is demand planning?

Demand planning is a business process of outlining and management of customer demand for products and services. Planning of a customer demand consists of a statistical forecast using the most appropriate model. As a result of demand planning process, a company gets a sales plan which is initiating a service-planning process, production, inventory planning, and revenue planning.

What is revenue planning?

Revenue planning is about the management of the resources in the company. In order to accomplish the expected revenue, the following things should be taken into account: analysis of existing resources, planning expected expenses and/or investments in your business. Streamline warns you about excess or lack of inventory by highlighting these items in the inventory report. It also calculates the turnover of each item and gives the trend in the future based on the forecast.

What is inventory planning & optimization?

Inventory planning means the process of managing on-hand items as well as making timely orders to determine the optimal quantity and to prevent overstocks and stockouts. The process of inventory optimization aims to balance between stock-keeping units (SKUs) and working capital to get the maximal income. Streamline has powerful capabilities for optimizing inventory levels, calculating safety stocks, and generating optimal purchasing plans. It also allows filtering items by supplier and road the order of different products to fit a container capacity the best.

What is material requirements planning?

Material requirements planning (MRP) is a process that includes a production planning, scheduling, and inventory control system used to manage manufacturing processes. In order to calculate what material is required and when an order can go into production, an MRP process takes into account information on the Bill of Materials (BOM), production plan, and material plan. Streamline allows you to generate a plan of material requirements based on the demand forecasts of finished products and a bill of materials (BoM).

What is the timeline for the implementation of Cin7 Integration with Streamline?

Overall, the process takes 1-6 weeks.

Implementation Roadmap

  1. Data Connection – 0-3 weeks
  2. Connecting Streamline to your company’s database to retrieve historical data and push out purchasing suggestions. This is on your company’s IT team, but we support them all the way. 0-3 weeks depending on IT team availability, database complexity and data validation.

  3. Configuration – 0-1 week
  4. Configuring Streamline to split the forecasting and planning tasks across users. Data validation 0-1 week.

  5. Training and Validation – 1 week
    • Overview training
    • Company specific training
    • Forecast validation
    • Purchase recommendations validation

  6. Documenting the Process – 0-1 week

How much does Cin7 Integration with Streamline cost?

Pricing is driven by factors like revenue and number of users. You should expect paying $ 50 per month for every $ 1M of your company’s annual revenue. The software is free for up to US$ 1M in annual revenue.

What our customers say about us

Eric Tewey

Streamline has made a major difference in our forecasting and manufacturing planning. The ease of use, flexibility, and accuracy has far exceeded our expectations. Streamline has helped take our forecasting accuracy from average to world-class; which has a very positive bottom line impact. In addition, to Streamline being a great tool for us, the customer service we receive is second to none: it’s impressive. The time invested in learning our business, our model, and our people has been greatly appreciated and shows in the results.

Vice President of IT at Swisher International
Jacob Shallman

GMDH Streamline is the small business demand forecasting dream come true. If you are too small for a huge ERP and big enough to need to track and forecast demand and reorders this is really the perfect tool. It integrates so nicely into QuickBooks and in one click runs your regular reports. It takes out all the hours and hours of manual updating. I love this tool.

Get started with GMDH Streamline for free

Immediate access. No credit card required. All features included.

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