[New!] Introducing 2 revolutionary planning features
The countdown is over. Our two newest features are now live in your Cogsy account and ready for you to use!
Read on for a full rundown of what these features include.
With supply chains disrupted and so uncertain, working from one PO to the next may lead to stockouts and hurt your customer’s experience. With our Production Orders feature, gain better visibility into your future inventory needs by estimating your purchase orders for the next 12 months.
Planning into the future gives your team time to plan accordingly. Our heatmap will show you which SKUs have good coverage and which don’t, and we’ll recommend which SKUs need a production order.
You can then leverage that information to give your vendors predictability and improve those key relationships to negotiate better terms. That way, your manufacturer can ensure availability in their production schedule and perhaps offer the option to place smaller production runs more frequently. Quality relationships with suppliers provide a massive advantage over competitors.
A fast-growing DTC brand used our Production Orders feature to reduce down payments to their vendors by 50% and negotiate better terms for the upcoming year. The relationships with vendors improved by having the year planned out ahead of time, giving both parties more accuracy and confidence.
New Product Planning
You work hard creating new products for your brand, but how do you know how much product to order for your launch? With our new feature, you can move beyond guesstimates and estimate demand for new product launches with confidence.
Now, you’ll know how much to order of a product you’ve never sold. Just select products with similar characteristics and Cogsy will take the hassle out of calculating predicted sales data for the first 30, 60, and 90 days—for products with or without variants.
Once you choose products with similar characteristics, Cogsy uses their sales history and applies growth factors to generate predictions around new products’ future sales. We also factor in lead times, so you know you’ll place orders for your new product at the right time.
Estimating demand for new product launches isn’t straightforward. Our new features allow you to create various simulations and see how predicted sales changes in each one.
With Cogsy, execute your new product launches with more confidence and less stress.
Reach your revenue goals with confidence
Both of these features are live for you to use in your Cogsy account.
If you'd like a live demo of how these features can empower your brand, just reach out to us. We're here to help you grow your DTC brand with less stress and in less time.
Stay tuned for more game-changing features soon!
👋 from the Cogsy team