SkuBrain Pricing, Features, Reviews & Comparison of Alternatives

SkuBrain

Demand forecasting & inventory optimization

4.67/5 (3 reviews)

SkuBrain overview

SkuBrain is a cloud-based demand forecasting and inventory optimization software which uses sales history data to predict future demand and generates recommendations based on current stock levels to allow users to plan their purchasing and manage promotions for any overstocked products. The system is designed for small and mid-size retailers, distributors, and suppliers.

SkuBrain compares more than 30 forecasting algorithms in a tournament to identify the model which most accurately predicts sales trends for the historic sales data, and automatically selects the optimal algorithm to create each forecast. Seasonal patterns and individual product trends, such as year-on-year logarithmic sales increases, are automatically detected by the algorithms. Any data in CSV format can be imported and used to create forecasts, and eCommerce integrations with Shopify, Brightpearl, and Vend allow for automatic data sync and real-time reporting on forecasts vs actual performance. Users can also manually adjust forecasts by brand, region, or product to account for upcoming changes, such as promotions or product discontinuations.

The replenishment plans which are automatically produced by SkuBrain can be used to generate purchase orders. Users can specify the lead times for each of their suppliers, and define multiple replenishment policies with custom service levels and overstock warning thresholds. SkuBrain can be accessed on any device, and users can collaborate in real time on demand forecasting and inventory planning, and share analysis reports with shareholders.
www.skubrain.com

Pricing

Starting from
$150/month
Pricing options
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Asia, Australia, Brazil, Canada and 9 other markets, China, Europe, Germany, India, Japan, Latin America, Mexico, Middle-East and Africa, United Kingdom

Supported languages

English
SkuBrain screenshot: SkuBrain forecasts demand based on historical sales dataskuBrain Conceptual OverviewSkuBrain screenshot: Users can create stock plans using SkuBrain's forecastsSkuBrain screenshot: SkuBrain allows users to manually adjust baseline forecasts to account for upcoming promotions or other changesSkuBrain screenshot: Users can track all forecast adjustments and the reasons for eachSkuBrain screenshot: Multiple suppliers can be added to inventory plansSkuBrain screenshot: Users can then specify the lead time for each supplierSkuBrain screenshot: SkuBrain allows users to create multiple replenishment policies in addition to supporting universal policiesSkuBrain screenshot: Actual sales can be plotted against forecasts in SkuBrainSkuBrain screenshot: SkuBrain allows users to break down monthly sales by SKUSkuBrain screenshot: Sales can also be broken down by product level

SkuBrain reviews

Excellent
2

Very good
1

Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  4.5
  4.5
  4.7
  5.0
Kaitlyn McKendry

Forecasting - Right Tools, Right Price.

Reviewed 2017-01-24
Review Source: Capterra

We have been working with SkuBrain for over a year and continue to be impressed. Most forecasting tools are far too expensive for small beverage manufacturers, SkuBrain offers the right set of functionality at a reasonable cost. The learning algorithms help breweries optimize projected production, and can to easily push or pull data through live integrations or a .CSV files. By connecting complimentary systems and sources such as VIP users can automatically import historical depletion and streamline data review without having to save multiple versions through an import export process. SkuBrain is an easy to use tool that we highly recommend to all our clients and friends throughout the craft beer community.Easy to use, responsive team and customer service.

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Stuart Johnson

Great value

Reviewed 2017-01-26
Review Source: Capterra

Highly sophisticated forecasting for a simple heirarchy of products, means a great value. SkuBrain is easy to use, with a simple user interface. And continual evolution of the product means the team is behind the product and we can expect more from it over time.

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Matt McComish

Quick and easy forecast

Reviewed 2016-04-05
Review Source: Capterra

I just compared our high and low forecast for Gaelic that we did and the SKU Brain forecast was right in the middle. So I feel very comfortable with the data it's giving. Plus those forecasts took a couple people many hours, and SKU brain took me 5 minutes.

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SkuBrain pricing

Starting from
$150/month
Pricing options
Free trial
Subscription
View Pricing Plans

7-day free trial, no credit card required.

Pricing is based on the number of unique products (SKUs) to be managed.

Prices start at $150 per month for 50 SKUs, and 50000 SKUs can be managed for $3000 per month.

SkuBrain features

API (439 other apps)
Activity Dashboard (346 other apps)
Activity Tracking (218 other apps)
Audit Trail (182 other apps)
Auditing (265 other apps)
Automatic Notifications (354 other apps)
Compliance Management (213 other apps)
Custom Fields (202 other apps)
Customizable Reporting (269 other apps)
Data Import/Export (262 other apps)
Document Storage (198 other apps)
Electronic Signature Capture (181 other apps)
Inventory Management (212 other apps)
Inventory Tracking (208 other apps)
Invoice Management (197 other apps)
Monitoring (200 other apps)
Real Time Data (236 other apps)
Reporting & Statistics (267 other apps)
Third Party Integration (251 other apps)
Workflow Management (232 other apps)

Additional information for SkuBrain

Key features of SkuBrain

  • Demand forecasting
  • Inventory optimization
  • Over 30 forecasting algorithms
  • Automatic best fit algorithm selection
  • Trend detection
  • Seasonal pattern identification
  • Hierarchical forecasting
  • CSV data import
  • Manual forecast adjustments
  • eCommerce integration
  • Real-time reporting
  • Actual performance vs forecasts
  • Real-time collaboration
  • Collaboration invites
  • Automatically-generated replenishment plans
  • Purchase order creation
  • Inventory planning
  • Data visualization
View All Features

Benefits

More than 30 algorithms are run and compared in a tournament, and SkuBrain automatically selects the model which best predicts demand trends for the data, and uses this to create the baseline forecast.

Seasonal patterns and trends are automatically detected by the built-in algorithms, both for the business as a whole and for individual product lines.

Hierarchical forecasts can be generated, with SkuBrain ensuring that forecasts are automatically reconciled across all forecasting hierarchy levels.

Users can manually adjust the baseline forecasts created by SkuBrain to account for promotions, product discontinuations, and other unpredictable circumstances.

Analysis reports can be shared with stakeholders, and users can collaborate in real time on demand forecasts and inventory planning.