StockTrim
1 Review 4/5 ★ ★ ★ ★ ★An inventory planning and forecasting software for small to midsize businesses.
Product Overview
StockTrim is an inventory planning and demand forecasting software. Its machine learning algorithm adjusts demand models in real-time, providing intuitive order plans and detailed demand analysis. The software helps predict demand for new products and automate purchase orders based on these predictions. Additionally, it integrates with popular inventory management, accounting, POS, and eCommerce platforms.Pros
- Integrates with QuickBooks, Shopify, etc.
- Handles multi-level bill of materials
- Can forecast demand for new products without sales history
Cons
- Some users desired more customization options
- Limited integrations compared to Netstock
- Limited ability to sync work orders or transfers
Target Market
Small to midsize businesses in manufacturing, retail, wholesale, and eCommerce. Suited to companies managing inventory across various SKUs and locations.About StockTrim
StockTrim is a demand planning software designed for inventory planning and forecasting, aiming to predict future stock needs. It reduces reliance on spreadsheets and decreases stock-outs and over-stocking while also saving time in inventory management processes. The software aids in optimizing inventory levels, calculating safety stocks, and creating efficient purchase order plans.
StockTrim Key Features
- Intuitive Order Plan: Simplifies the order planning process by allowing users to determine necessary order quantities. It eliminates complex calculations by considering forecasts, current stock levels, and supplier lead times.
- Detailed Demand Analysis: Provides in-depth insights into demand patterns and order quantity calculations, enhancing confidence in inventory predictions and order quantities.
- Manufacturing Features: Offers capabilities to view forecasted demand for finished products and determine required orders for components or ingredients, including handling multi-level bills of materials.
- Variable Lead Times: Allows for the adjustment of supplier lead times and updates forecasts in real time to maintain adequate stock during the order and delivery process.
- Multiple Locations: Enables planning for inventory needs across different stores or warehouses.
- Ability to Forecast New Products: Distinguishes itself by predicting demand for new products, even without previous sales data.
- Customer Forecasts: Generates forecasts for future customer requirements and suggests appropriate order quantities.
- Automated Purchasing: Facilitates the creation of purchase orders based on intelligent system suggestions, which can be sent directly to suppliers or integrated into existing inventory systems for streamlined workflow.
StockTrim Target Market
- Manufacturing
- Retail
- Wholesale
- eCommerce
StockTrim Pricing
The cost of StockTrim starts at $99/month, billed annually. Monthly pricing is available at an increased cost. The pricing model is dependent on the SKU count, number of locations, and number of users. There is a 14-day free trial available. There is no free version available.
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User Reviews of StockTrim
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We are beginning a 3 month paid trial of the system and from there we will evaluate long term use. The support and follow up with StockTrim was constant and in the end they were able to meet nearly 100% of our needs, with just a 20% work around. We also found the overall system very user friendly.
