Accelerate Your FBA Business
One dashboard for all inventory data; actionable decision support; automation tools that save time. Welcome to RestockPro, the easy-to-use cloud-based platform that streamlines your FBA business and helps you grow profits.
How it works
First, RestockPro captures your FBA data and transforms it into inventory intelligence, enabling you to monitor sales velocity, competitive listings, expected margins and more. Then it becomes your in-house supply-chain counsel, making recommendations and sending out alerts on when and how much to reorder. Once you’ve finalized your decisions, RestockPro can drive process automation. It creates POs for your suppliers and inbound shipments to Amazon, captures and organizes shipment plans, and provides visibility into Amazon FBA inbound shipment receiving.
Jamie and Larissa Miralles help eCommerce sellers set themselves up for success through their Seller Success Academy. In this guest post, Jamie shares why they use RestockPro for their own inventory management processes.
Being a high volume seller for Amazon.com, Inc. (“Amazon”) going on eight years now, it surprises me how many other sellers are not using an inventory management system.
“We should get together and compare notes on suppliers. I’d love to learn your secret for sourcing profitable items.”
As you survey the convention hall, you anxiously search for any means of exiting this conversation. After all, you’re not in the business of sharing trade secrets with potential competitors. Thankfully, at that exact moment, an announcement comes across the loud speaker about a free lunch in the event center lobby.
Managing the moving parts of your FBA business can require a lot of effort and coordination.
Restocking inventory, sourcing new products, preparing shipments and generating purchase orders are just a few of the things that fill your team’s busy day. To keep everything organized and avoid out-of-stock situations, many sellers turn to spreadsheets.
The Inventory Performance Index (IPI) is a new metric that was added for FBA sellers. Your IPI is a single number calculated based on excess inventory, sell-through, stranded inventory and in-stock inventory. The higher you score, the better you’re performing. Alerts in your IPI dashboard will give you tips for reducing storage fees and carrying costs as well as when to restock.
Inventory Your Needs
Could you use help with any of the following tasks?
Ways that RestockPro can help you
|Keeping track of profit margins|
|Deciding how much to reorder|
|Monitoring competitive listings|
|Creating inbound shipments|
|Reducing spreadsheet clutter|
|Evaluating sales and inventory|
“RestockPro is arguably our most important tool today. RestockPro allows us to accurately predict what to order from each supplier and how much. It saves time and prevents stagnant inventory.”Andrew Tjernlund
“RestockPro helped us gauge our reorders. The problem was that we would see spike and drop, and we’d run out of products. Now, we’re keeping our products in stock better.”Dan Meadors