Katana's planning tools help with anticipating and managing stock levels effectively. The system calculates anticipated stock levels based on sales orders, purchase orders, and production schedules, providing a comprehensive view of future inventory needs.
By leveraging these tools, businesses can avoid stockouts, reduce excess inventory, and improve operational efficiency. Understanding how to plan and forecast stock levels is essential for maintaining a balanced and responsive inventory system.
Note: Katana's Planning and Forecasting is an add-on available for everyone on Standard, Professional & Professional Plus.
Forecasting and Visualizing Anticipated stock
The planning aspect of Katana's Planning and Forecasting add-on lets you forecast future inventory needs and visualize anticipated inventory levels across different locations — all based on sales, purchase, manufacturing, and outsourcing orders. This tool helps you anticipate inventory requirements and ensure you have adequate stock levels to meet demand.
Location-based Inventory Planning: Monitor and plan inventory by location.
Future Inventory Levels: View projections of inventory levels for upcoming weekly or monthly periods to aid in the prevention of stockouts or excess inventory.
Order Tracking: Track sales, manufacturing, and outsourced orders (OPO) to manage upcoming commitments.
Advanced Filtering: Provides detailed filtering options to focus on specific items, SKUs, or issues within the inventory.
Forecast Demand
Using demand forecasting, within the included forecast, leverages historical sales data to predict future demand, allowing you to adjust inventory planning and procurement strategies accordingly.
Just turn on the Activate forecast demand toggle to try it out.
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