Say hello to Cloudsharks! Founded in 2022 by Rayan Mroue, Cloudsharks is a growing eCom brand specialising in shark shaped slides, boasting over 500 SKUs. With a diverse product catalog and a growing customer base, Cloudsharks faced inventory management challenges that hindered its ability to meet demand and optimize stock levels efficiently.
Before partnering with Prediko, Cloudsharks faced significant challenges in inventory management. The main problem, as voiced by founder Rayan Mroue, revolved around the calculation of stock quantities to order:
Moreover, the support and resources from the previous software (Cogsy) were limited, often resulting in delayed assistance, impacting operational efficiency (Read: How Kate Hewko improved operational efficiency by 40%)
How Cloudsharks Solved this with Prediko
Cloudsharks decided to jump onboard with Prediko's Planning and Purchasing platform to overcome these inventory management challenges. Prediko’s set up took less than a day and the solution solution incorporates not only current sales volume but also forecasts expected sales over the next 12 months, providing Cloudsharks with an average order quantity that aligns with their growth projections.
Rayan Mroue, the founder of Cloudsharks, shared his experience:
Prediko's Planning and Purchasing platform has had a profound impact on Cloudsharks:
- Optimized Inventory: Prediko's advanced forecasting considers expected sales growth, allowing Cloudsharks to order inventory more accurately and efficiently.
- Reduced Stockouts: By leveraging Prediko, Cloudsharks has significantly diminished instances of stockouts, preventing potential revenue loss and enhancing customer satisfaction.
- Enhanced Support: Cloudsharks greatly values Prediko's exceptional customer support, which plays a pivotal role in ensuring their success