Flywheel calculates the Rate of Sale for all your FBA / WFS products: we combine historical sales data with seasonality to anticipate a Demand Forecast model. This data married with your current FBA/WFS inventory levels results in anticipated stockout dates using expected Days of Inventory remaining.
Customized Inventory Insight cards let you set when you want to be alerted about a stockout or reorder point.
Insights: Stockout & Reorder - Watch Video
Reorder calculation:
Flywheel will identify and alert for when products should be reordered prior to a projected stockout date defined as a Product has less than X days of stock in the next Y days
For example:
A blue shirt has a current inventory level of 35; using the calculated rate of sale, the estimated out of stock date is Aug 5th.
You want to know in the next 14 (Y) days, which products will have less than 5 (X) days of stock available.
The card will return results and trigger an alert on Jul 17th that as of Jul 31st, the shirt will have less than 5 days of stock available.
Reorder calculations serve as the reminder notification that you’ve set for your specific timing needs for a buffer before the warning that stockout is imminent.
Stockout calculation:
Similar to reorder point calculation, but without the warning window. Flywheel will identify and alert for when products meet a specified number of days prior to its projected stockout date defined as a Product has less than X days of stock
For example:
A blue shirt has a current inventory level of 35; using the calculated rate of sale, estimated out of stock date is Aug 5th.
You want to know 30 (X) days prior to out of stock.
The card will return results and trigger an alert starting Jul 6th, 30 days before the estimated stock out date.
Both of these models are built with flexibility in mind - you set the timeline for when you want to be reminded about inventory levels.