Inventory Planner vs Fabrikator and Best Alternative to both - Prediko

By Youri Moskovic
Last Updated:
June 17, 2024
time

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

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 utilises forecasting to predict customer needs and signals when to replenish, ensuring optimal product availability. It simplifies the creation of purchase orders and equilibrates inventory across various locations.

Fabrikatör is a great tool for inventory planning, procurement, and backorder automation. With this tool, you swiftly generate purchase orders and keep inventory levels updated.

Fabrikatör's accurate inventory forecasting guides you towards insightful decision-making. And it is able to  handle pre-orders and backorders that turn potential out-of-stock losses into profits.

It works in harmony with Klaviyo, ShipHero, and Shopify storefront, facilitating the creation of bespoke reports and dashboards for data-driven decisions.

‚Äć2. Main features of Inventory Planner¬†

Inventory Planner accurately predicts customer demand, providing timely notifications for restocking to ensure product availability.

  • It simplifies the process of creating purchase orders and effectively balances inventory across multiple locations.
  • By offering detailed reports and analytics, it provides crucial insights into your inventory performance, enabling strategic decision-making and profit optimization.
  • Inventory Planner helps prevent revenue loss from stockouts, frees up capital invested in underperforming items, and aids in cash flow management.

3. Why is Prediko the best alternative to Inventory Planner

Inventory Planner has its merits, but Prediko stands out as a more effective substitute due to an array of unique attributes.

Prediko capitalizes on AI-powered insights to drive intelligent inventory decisions. It uses a sophisticated forecasting algorithm, honed by data from over 25 million SKUs across more than 15 industries, delivering a more detailed and precise forecast than Inventory Planner.

Prediko's exclusive features, such as a dynamic buying table with restocking suggestions, projected inventory cash expenditure, and automatic SKU mapping, differentiate it from competitors.

These elements don't just enhance inventory management, they also contribute to cost savings and time efficiency. 


W have covered the entire list of inventory plannter alternatives

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

4. Main features of Fabrikator 

Fabrikator is utilized by Shopify D2C brands due to its robust feature set. It offers advanced inventory management capabilities, enabling brands to optimize their stocks and receive timely alerts about inventory levels.

  • With its sophisticated inventory forecasting, it assists in preventing out-of-stock situations, ensuring continuity in sales.
  • Fabrikator also simplifies the process of creating professional purchase orders and managing incoming inventory, streamlining operational efficiency.¬†
  • The tool turns potential losses from out-of-stock products into a revenue stream by effectively handling preorders and backorders.¬†
  • It empowers brands with the capability to create custom analytics reports, facilitating data-driven decision-making.

5. Why is Prediko the best alternative to Fabrikator

Compared to Fabrikator, Prediko excels in several significant areas. Prediko's advanced forecasting algorithm and abundant report customization options offer a competitive advantage.

It delivers precise forecasts using a wealth of data, enabling businesses to plan their inventory effectively.

Moreover, Prediko's capabilities in planning for raw material needs, projecting inventory cash spend, and automatic SKU mapping distinguish it further.
These features not only improve inventory management but also contribute to enhancing overall operational efficiency.

Feature Prediko Fabrikator
AI Insights AI-driven insights about your most important inventory decisions No Insights page
Forecasting Algorithm Trained on 25 million+ SKUs across 15+ industries on modern D2C brands
Bottom-up and Top-down Edit Plan capabilities Yes No
Dynamic Buying Table with restocking recommendations Yes No
Raw Material Needs - Planning Yes No
Forecasted Inventory Cash Spend Yes No
Insights Yes Yes
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 ?
UI / UX Modern Modern
Dynamic Inventory health Bar
Financing
Reports 50+ filters for customization Limited Customisation

6. Comparing Prediko, Fabrikator and Inventory Planner

In the end, while both Inventory Planner and Fabrikator have their own strengths, Prediko provides a more comprehensive solution for Shopify D2C brands.

Prediko's AI insights, advanced forecasting, and extensive customization options make it a compelling alternative to both Inventory Planner and Fabrikator.

Prediko's emphasis on AI-driven insights and data-driven decisions make it a powerful tool that can help Shopify D2C brands streamline their inventory management, reduce costs, and improve efficiency.Inventory Planner and Fabrikator are two of the most widely used tools in the Shopify D2C (Direct-to-Customer) brand ecosystem. 

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