ForecastRx is a targeted solution for intelligent inventory reordering. It forecasts future demand for each of your products by feeding historical sales data into proven forecasting algorithms, taking into account growth trends, sales cycles, and seasonality. The software applies custom restocking parameters, such as lead time, order interval, MOQ and service level, letting you know which items to order, in what quantity and at what time. ForecastRx integrates seamlessly with Amazon Seller Central and QuickBooks, bringing the power of data science to businesses easily and affordably.
The team at ForecastRx understands e-commerce and has worked with a team of individuals with over 20 years of experience on the Amazon platform as sellers, both seller fulfilled and Fulfilled by Amazon (FBA). This experience helped us craft the perfect inventory forecasting and reordering solution, making manual reorder point calculations, complicated excel spreadsheets, tied up cash from overstocking, and lost sales from out of stock periods a thing of the past.