Meet demand with inventory planning software
Eliminate the guesswork from demand forecasting with Katana’s inventory planning software. Katana ensures optimal stock levels and on-time order fulfillment while keeping your carrying costs low.
Be prepared with Katana’s inventory planning and forecasting software
Two of the biggest issues product-based businesses deal with are excess inventory and stockouts. Excess inventory incurs unnecessary carrying costs and ties up capital, inventory space, and human resources. Stockouts, on the other hand, make you lose sales, and even customers.
Katana’s inventory forecasting software for optimal stock levels
Katana’s inventory forecasting software leverages historical sales data, allowing you to proactively order and restock items to prevent stockouts, minimize overstock, and enhance supply chain efficiency.
With inventory planning and forecasting software, you can:
- Gather insights across all inventory locations and sales channels
- Forecast future demand based on real-time sales data
- Set SKU-based lead times for accurate restock recommendations
- Issue purchase orders directly from Katana for streamlined order fulfillment
Peace of mind with Katana’s inventory planning software
Katana’s demand and inventory planning software gives you full control of your stock, allowing you to execute your demand plan based on inventory forecast.
Keep your inventory and orders flowing and customers happy with Katana.
Katana gives you the tools to:
- Monitor the weekly planner to spot potential stockouts at a glance
- Set automatic reorder points based on accurate consumption data
- Apply safety stock levels for those unexpected demand fluctuations
- Set minimum order quantities to reduce costs and minimize waste
Advanced features for granular inventory management
Katana’s inventory planning software won’t just help you forecast and plan — it equips you with everything you need to take full control of all your inventory movements. Whether you’re a retailer, distributor, wholesaler, or manufacturer, Katana has got you covered.
Katana’s software enables you to:
- Monitor all 4 types of inventory — finished goods, raw materials, WIP, and MRO
- Effortlessly make stock transfers between your inventory locations
- Track serial numbers, batches, and expiry dates for end-to-end traceability
- Integrate all your sales channels for accurate in-sync inventory levels
Integrating Katana with the tools you need and love
Connect Katana with native integrations or create your own workflows via API
Choose from a range of e-commerce, accounting, CRM, reporting, and automation integrations to streamline inventory management and optimize your entire business. Take a gander at Katana’s growing list of integrations to learn more.
Katana provides us with all the features for manufacturing order management and can track inventory usage and incorporate our sales order tracking into Katana.”
Mikhail MooreChief Executive Office (CEO) at Vitacore Industries
It’s great to be able to see where inventory faults happen and being able to fulfill orders and where the turnaround happens.”
Alaina Oehrlein
Production Lead at Essence One
Katana accurately keeps stock of assemblies and ingredients so that I can plan production and get instant feedback on whether we enough resources in stock.”
Kelly Costello
Chief Executive Officer (CEO) at Puppy Cake
We also wanted an accurate inventory system for batch planning, warehousing, and sales. Katana fulfills all our needs in a simple, easy way, unlike other inventory solutions.”
Irah Vet
Founder and Production Manager at Hornby Organic
Inventory planning software FAQs
Inventory planning and forecasting is a strategic approach used by businesses to predict future inventory requirements and manage stock levels effectively. It involves analyzing past sales data, market trends, and other relevant factors to estimate the demand for products. The goal is to ensure that there is enough inventory to meet customer demand without incurring unnecessary costs associated with overstocking.
Effective inventory planning and forecasting enable businesses to optimize their inventory levels, improve cash flow, and enhance customer satisfaction by ensuring products are available when needed.
To achieve this, businesses often rely on retail inventory software that provides comprehensive features for inventory management, data analysis, and forecasting. Such software helps streamline the planning process, offering insights and recommendations for inventory optimization.
For businesses looking to implement these practices, a solution like Katana offers robust tools for inventory planning and forecasting, integrating seamlessly with sales and production for real-time inventory management.
Inventory forecasting software is a tool designed to help businesses predict future inventory requirements based on historical sales data, market trends, seasonality, and other relevant factors. These tools analyze large volumes of data to provide accurate forecasts, enabling businesses to make informed decisions about stock levels, purchasing, and production planning.
Features often include data visualization, trend analysis, and scenario planning, allowing users to anticipate demand changes and adjust their inventory strategies accordingly.
The right inventory forecasting software can significantly enhance a business’ ability to manage stock levels efficiently, reduce costs associated with overstocking or stockouts, and improve overall customer satisfaction.
Inventory management software, such as Katana, not only offers advanced forecasting capabilities but also integrates with other aspects of business operations for a holistic approach to inventory management.
The best tool for forecasting inventory depends on the specific needs of a business, including the complexity of its supply chain, the volume of data to be analyzed, and the level of precision required. A top-tier forecasting tool should offer comprehensive data analysis capabilities, flexibility to adapt to changing market conditions, and integration with existing business systems for real-time data sharing.
Inventory management software should be able to analyze historical sales data, incorporate market trends, and predict future demand. Moreover, the best tools facilitate scenario planning and offer actionable insights to help businesses optimize their inventory levels.
Katana Cloud Inventory Platform provides robust inventory forecasting and planning capabilities designed for small and medium businesses. It stands out for its intuitive interface, real-time data integration, and the ability to streamline operations, making it an excellent choice for businesses looking to improve their inventory forecasting and overall efficiency.
Get visibility over your sales and stock
Wave goodbye to uncertainty by using Katana Cloud Inventory for total inventory control
