[New!] Introducing our new game-changing planning features
Today, we’re introducing two features that have the power to revolutionize your brand's planning functions. 🚀
We've been hard at work trying to re-imagine how to make your demand planning smarter—yet easier—than ever.
So you can reach your revenue goals with more confidence and less stress.
Ditch the spreadsheets and start creating proactive models and operational plans to proactively get ahead of your inventory needs to set your brand up for massive growth.
Spoiler alert: these features are live and available for you to use now within Cogsy.
New feature: Planning
This new feature equips your team to create operational plans without touching a spreadsheet. With our new Planning feature, you can move different growth levers to view how they affect your inventory levels and your expected revenue.
You'll be able to:
- Input your month-over-month growth rate.
- View how seasonality affects your revenue.
- Factor in your marketing plan (but more on that later!)
Without touching a spreadsheet, you can easily analyze the spectrum of plans and where the potential pitfalls are.
Here's what it looks like:
In the graph at the top, you can move your expected growth rate. In turn, this is instantly reflected in terms of predicted revenue in the bottom graph.
By mapping out different growth scenarios, your team can then determine whether or not your plan's predicted revenue fits your intended business goals.
So you can prepare accordingly.
New feature: Marketing Events
Does your operational plan take your marketing initiatives into consideration? If not, you risk running out of stock during your biggest sales of the year.
Our new Marketing Events feature solves that problem for good.
We've created a Marketing Events calendar where you can input your promotions and sales into your brand's operational plan. This way, you can be sure to make good on the promises you make to customers.
When you want to add a new marketing event to the calendar, you'll fill in:
- The marketing event's title
- Dates the event will run
- The expected sales increase for the products included
- Which SKUs are affected
That process looks like this:
Once you've added your marketing event, your updated growth plan will ensure your updated product forecast account for the extra stock you'll need to support these promotions and grow your brand's revenue.
You work hard on your marketing plan. Bake it right into your operational plan to avoid stockouts during your planned sales and promotions.
Updates and improvements coming soon!
While we've deployed these new features for you to use, we're hard at work at improving them to serve you better. So, if you have any ideas on how these features could be more helpful to you, drop us a line. We're all ears and always open to your ideas. After all, you know your business best.
Stay tuned for more tools to empower your brand in the coming weeks!
👋 from the Cogsy team