Inventory Planner vs Cin7 and Best Alternative to both - Prediko

By Youri Moskovic
Last Updated:
June 2, 2024
time

Here is a comparison between Inventory Planner and Cin7 and learn why Prediko is the best alternative to both these apps.

Inventory Planner and Cin7 are two of the most widely used tools in the Shopify D2C (Direct-to-Customer) brand ecosystem. 

Both tools cater to the specific needs of eCommerce businesses, aiding them in their inventory management, a crucial aspect of the eCommerce workflow.

Inventory Planner is a popular solution for predicting customer demand. It notifies you about restocking, ensuring that you consistently have the right products available when your customers need them.

The process of creating purchase orders is made seamless with this tool, saving valuable time and reducing the risk of errors.

Cin7 Core provides businesses with access to advanced inventory management, manufacturing, sales integration, reporting, and automation capabilities.

This multi-module inventory management software consolidates various aspects of your business, enabling you to handle all operations from a single location.

Automation of laborious tasks is made possible, catering to the needs of retail, wholesale, or manufacturing sectors.

Cin7 Core allows you to monitor customer orders from initial quotation to ultimate fulfilment, ensuring comprehensive visibility throughout all sales channels.‚Äć

2. Main features of Inventory Planner

Shopify D2C brands utilize Inventory Planner due to its ability to accurately predict future sales trends, thereby optimizing stock levels.
It helps automate the creation of purchase orders based on forecasted demand, facilitating efficient restocking.

Inventory Planner can balance inventory across numerous locations, minimizing the risk of stockouts.
It simplifies the management of purchase orders via automated workflows, reducing potential errors.

Finally, it offers detailed reports providing valuable insights into inventory performance.

3. Why is Prediko the best alternative to Inventory Planner

While Inventory Planner does have its strengths, Prediko emerges as a superior alternative due to several additional features.

Prediko leverages AI-driven insights to make smarter inventory decisions. Its advanced forecasting algorithm, trained on 25 million+ SKUs across 15+ industries, provides a more accurate and detailed forecast compared to Inventory Planner.

Prediko also offers unique features like a dynamic buying table with restocking recommendations, forecasted inventory cash spend, and auto SKU mapping. These features not only help businesses manage their inventory better but also help in saving costs and time.

Here is a quick overview of why Prediko is a better alternative to Inventory Planner

Feature Prediko Inventory Planner
AI Insights AI driven insights about your most important inventory decisions No
Forecasting Algorithm Algorithm trained on 25 million+ SKUs across 15+ industries on modern D2C brands Good forecasting capabilities
Bottom-up and Top-down Edit Plan capabilities Yes No
Dynamic Buying Table with restocking recommendations Yes No
Raw Material Needs - Planning Yes Yes
Forecasted Inventory Cash Spend Yes No
Insights Yes No
Reporting: Customer and Stockout data (smart info) Yes No
WMS Integration for Orders Yes Yes
Sync Inventory to Shopify Yes Yes
Auto SKU mapping Yes No
Onboarding time >2 weeks 2 weeks +
UI / UX Modern Functional
Dynamic Inventory health Bar Yes No
Financing Yes No
Reports 50+ filters for customization 30+ filters for customization

3. Main features of Cin7

Cin7 is used by Shopify D2C Brands because it provides comprehensive features for order tracking and fulfillment.

  • Cin7 Core offers a complete overview of sales across all channels, contributing to its popularity.
  • It offers a complete view of production costs and inventory status, simplifying inventory management with real-time updates.
  • Additionally, it streamlines warehouse productivity and fulfilment processes, making it more efficient.
  • Cin7's ability to manage sales across multiple channels into one platform makes it a beneficial tool for Shopify D2C Brands.

4. Why is Prediko the best alternative to Cin7

When compared with Cin7, Prediko outshines in multiple key areas.

Prediko's superior forecasting algorithm and extensive customization options for reports give it an edge over Cin7. It provides accurate forecasts based on a vast amount of data, allowing businesses to plan their inventory efficiently.

In addition to that, Prediko's ability to plan for raw material needs, offer forecasted inventory cash spend, and auto SKU mapping sets it apart. These features not only enhance inventory management but also contribute to overall business efficiency.

Feature Prediko Cin7
AI Insights AI driven insights about your most important inventory decisions No
Forecasting Algorithm Algorithm trained on 25 million+ SKUs across 15+ industries on modern D2C brands No
Bottom-up and Top-down Edit Plan capabilities Yes Requires integration
Dynamic Buying Table with restocking recommendations Yes No
Raw Material Needs - Planning Yes No
Forecasted Inventory Cash Spend Yes No
Insights Yes No
Reporting: Customer and Stockout data (smart info) Yes Yes
WMS Integration for Orders Yes Yes
Sync Inventory to Shopify Yes Yes
Auto SKU mapping Yes No
Onboarding time >2 weeks ?
UI / UX Modern Modern
Dynamic Inventory health Bar Yes No
Financing Yes No
Reports 50+ filters for customization Limited customization

6. Comparing Prediko, Cin7 and Inventory Planner

While both Inventory Planner and Cin7 offer their own strengths, Prediko ultimately presents a more comprehensive solution for Shopify D2C brands.

Prediko's features, such as AI-driven insights, advanced forecasting, and extensive customization, make it a strong contender against both Inventory Planner and Cin7.

Prediko's focus on leveraging AI for insights and making data-driven decisions equips it to aid Shopify D2C brands in optimising their inventory management, reducing costs, and enhancing efficiency.

Ready to manage your inventory
without ripping your hair out ?