What is Yosoku?
Yosoku is an inventory optimization platform designed specifically for Shopify users. It leverages artificial intelligence to determine optimal inventory order quantities, reorder timing, and strategies for negotiating favorable terms and discounts with suppliers.
By integrating directly with your Shopify store, Yosoku analyzes historical sales data to build a unique machine learning model for each SKU and variant. This allows for accurate predictions of future sales and demand. The platform identifies overstocked and understocked items, providing precise recommendations for reorder quantities and directing stock to the appropriate locations. Yosoku automates purchase order creation and optimizes supplier negotiations to maximize discounts.
Features
- Demand Forecasting: Predicts future sales and demand for each SKU and variant.
- Auto Replenishment & Buying Recommendations: Advises on reorder quantities and directs stock to the right locations.
- Supplier Negotiation: Helps negotiate the best discounts and payment terms from your suppliers.
- Purchase Order Automation: Automates the creation of purchase orders.
- Overstock/Understock Identification: Pinpoints SKUs that are overstocked or understocked.
- Real-time profit analytics: Provides insight for profit.
- Cashflow forecasting: Predict & Forecast cashflow
Use Cases
- Optimizing inventory levels to reduce holding costs.
- Improving cash flow by avoiding overstocking.
- Increasing customer retention by preventing stockouts.
- Maximizing profit margins through supplier negotiations.
- Gaining data-driven insights for peak sales periods.
- Enhancing supply chain resilience.
