Cin7 ForesightAI overview
Overview
Retailers need enough stock on hand to meet sales demand and at the same time, avoid overstocking. It is challenging to maintain the right stock balance. Seasonal changes, sale spikes, long-term trends, and product range all impact your purchasing.
Cin7 ForesightAI can help you stay competitive with algorithmic sales forecasting and automatic inventory replenishment. ForesightAI reviews your sales history and suggests inventory improvements that reduce the risk of stockouts and overstocking.
Sales data is analyzed by Cin7 ForesightAI every 12 hours. We recommend at least 6 months of sales history in Cin7 Omni.
Setting up ForesightAI
Add ForesightAI to your subscription, choose your strategy, and refine your forecasts.
Using ForesightAI
Use Smart Reorder to optimize your inventory. Access insights, widgets, and reports to identify top performers, uncover dead stock, and guide your next move.
Refine forecasts
Get more accurate forecasts by adjusting your product, branch, and supplier settings or creating manual forecast adjustments.