Product Overview of Cogsy
Cogsy is a robust inventory management solution designed specifically for ecommerce businesses, particularly those operating on platforms like Shopify and Amazon. Here’s a detailed look at what Cogsy does and its key features:
What Cogsy Does
Cogsy is engineered to streamline and optimize the inventory management process, bridging the gap between insights and actionable strategies. It aims to liberate ecommerce brands from the tedious and time-consuming tasks associated with manual inventory management, allowing them to focus on building their brand and driving growth.
Key Features and Functionality
Real-Time Inventory Reports
Cogsy provides real-time inventory reports for all warehousing locations, giving users total visibility into their retail operations. This feature ensures that you have up-to-date information on your inventory levels across multiple locations.
Demand Planning and Forecasting
The platform offers accurate 12-month demand planning for both existing and new products. This forecasting capability helps in making informed purchasing decisions and ensures that you are well-prepared for future demand, avoiding stockouts and overstocks.
Cash-Flow Conscious Operational Plans
Cogsy generates operational plans that are mindful of cash flow, taking into account upcoming marketing events and other financial considerations. This helps in maintaining a healthy cash flow while optimizing inventory levels.
Automated Purchase Orders
Cogsy automates the purchase order process, eliminating the need for static spreadsheets and endless email threads. It drafts optimized purchase orders based on historical and real-time inventory data, complete with restock recommendations. Users can bulk-add these recommendations to build out their next purchase order quickly and accurately.
Replenishment Alerts
The platform sends automatic replenishment alerts when it is time to restock, considering the vendor’s lead time to ensure timely placement of purchase orders. This feature helps in avoiding stockouts and maintaining optimal inventory levels.
Multi-Location Support
Cogsy supports inventory management across multiple warehousing locations, providing real-time insights into inventory levels and the status of each unit. This includes tracking how long each unit has been in stock and the procurement costs associated with each unit.
Integration with Ecommerce Tools
Cogsy seamlessly integrates with existing ecommerce tools, such as Shopify and Cin7, to synchronize sales history, purchase orders, and product information. This integration enhances the accuracy and efficiency of the purchase order process.
Actionable Dashboard
The Cogsy dashboard serves as a centralized location for all past, present, and future inventory data and purchase order documentation. This makes record-keeping more secure and accessible, saving time and reducing the risk of errors.
Pre-Orders and Backorders
Cogsy allows users to sell on backorder or offer pre-orders, providing flexibility in managing inventory and fulfilling customer orders even when stock levels are low.
In summary, Cogsy is a powerful inventory management solution that offers comprehensive tools for ecommerce businesses to optimize their inventory management, streamline operations, and make data-driven decisions to drive growth and efficiency.