吃瓜黑料

Like sneaking a peek at your operational “medical records,” so you can prescribe the right care for your brand.

Let’s temp-check how your DTC brand is doing. That includes how much stock you’ll need, if you have enough working capital to secure additional inventory, and whether you’re on track to hit your revenue goals.

And similar to when your doctor diagnoses that weird ache you keep feeling, monitoring your brand’s operational health should be as simple as checking your medical records and taking a few vitals.

The new actionable dashboard makes it聽that听别补蝉测.

Meet the new actionable dashboard

The new actionable dashboard offers a comprehensive overview of your brand’s overall operational health.

With it, you can quickly diagnose any stockouts, overstocks, and cash flow issues that might stunt your brand’s growth. And you can treat those operational challenges before they severely harm your brand.

For instance, undiagnosed and untreated cash flow issues were the #1 reason brands shut down in 2021. And stockouts cost smaller retailers like聽聽$250,000+ when bestselling products go out of stock.

Luckily, you can reduce the impact of these operational risks (or prevent them from happening altogether) if you diagnose them early enough.

The actionable dashboard monitors your brand’s key vitals (like stock levels, planned growth, and upcoming marketing events) in real-time. That way, you know ASAP when something’s not looking right.

Best part?

The actionable dashboard breaks down your operational data into easy-to-digest insights (no business journal jargon), so you know exactly what’s happening with your聽retail operations.

Then, it prescribes clear next steps you can take to get your brand back to optimal performance (and keep it there).

What the actionable dashboard monitors

By checking your actionable dashboard, you鈥檒l know exactly when you need to replenish, how prepared you are to meet demand, if you鈥檙e on track to hit your revenue goals, and more.

Exactly when you need to replenish

Staying fully stocked (without collecting expensive聽excess inventory)鈥� Well, historically, it鈥檚 been kind of a guessing game. And even the most educated guesses increase your risk of stocking out (or overstocking). Both of which clog your cash flow.

With the new 鈥淩eplenish Now/ Replenish Soon鈥� widgets, you鈥檒l know at a glance everything that needs to be reordered and when. No guesswork required.

Under 鈥淩eplenish Now鈥� (just as the name suggests), you鈥檒l get a complete list of SKUs that should鈥檝e been reordered like yesterday. It鈥檒l even link to a fully drafted,聽optimized purchase order聽to speed up the restocking process. All you have to do is check this PO and hit 鈥淪ubmit.鈥�

Meanwhile, under 鈥淩eplenish soon,鈥� you鈥檒l get a heads up on all the SKUs your聽inventory replenishment聽needs in the next 30 days.

That way, you can plan around longer聽order lead times聽and budget accordingly. AKA, you get more control of your stock levels and cash flow.

If you鈥檙e prepared to meet demand

Without stock, your retail brand isn’t going to make much money (unless you聽sell on backorder, that is). But it’s not just about having some inventory available; it’s about having enough of the right inventory to聽meet customer demand. And not having the working capital tied up in dead stock.

For reference: Most DTC brands carry 2x the recommended聽dead stock聽in their active inventory. This cost these brands a staggering 30% more than that inventory’s value on average, tying up (and wasting) working capital and making it increasingly difficult to invest in top sellers.

That’s where the new “Stock Levels” widget comes into play.

Combining your聽production plans聽and replenishment strategy for the next 12 months, this widget creates a heatmap showing you which months you’re set to have聽optimal stock levels聽(and which ones you’re not) based on current customer demand.

Plus, it’ll estimate how much working capital you need to achieve optimal stock levels. These numbers are based on your previous purchase orders and聽production orders.

That way, you can budget accordingly to make your inventory plan happen. And because you’re budgeting months out, you can do this with a lot less stress 鈥� all while keeping plenty of working capital available for other growth initiatives.

Whether you’re on track to hit your revenue goal

Are you on track to meet your revenue goals? Could you prove that to stakeholders if they asked?

With the new “Planned Growth” widget, you can! You can even add color to how on or off track you are from that goal.

That’s because you’ll have instant access to your target revenue, month-to-date (MTD) revenue, and the difference as a percentage.

You can even visualize your revenue growth over time in a straightforward bar graph to identify trends. Maybe, most of your revenue comes in at the end of the month?

That way, you can pulse-check how well your operations and marketing efforts align (if they do, you’ll be on track to hit your revenue goal). Then, you can take action accordingly.

For instance, maybe you don’t have the inventory you need to meet demand (AKA, you’re constantly running into聽stockouts). Then, use the Replenishment widget to purchase what you need and get back to optimal inventory levels.

Or, maybe demand shifted (think: how suitcases stopped selling when folks stopped traveling during the pandemic). Then, you might need to pivot your revenue goal accordingly. Or, you could spin up a marketing promotion to聽increase demand聽(and ensure you don’t get left with dead stock).

All your upcoming marketing events

Imagine running out of stock during your biggest promotion of the year. Embarrassing, right? But what if that stockout only happened because you, as an operator, had no idea the sale was happening (it鈥檚 more common than you鈥檇 think)?

The new 鈥淢arketing Events鈥� widget ensures those embarrassing mishaps won鈥檛 happen.

In a one-stop shop, you can see all the marketing promotions and new product launches your brand has planned.

That way, you and your company鈥檚 marketing team are aligned on how much inventory you鈥檒l need to pull off your biggest revenue-generated events.

You can even use this feature to communicate to your marketing team what items you have too much of and need to promote to free up some working capital. They just need access to your 吃瓜黑料 account.

The best part? Any event you add to this widget will automatically reflect your聽inventory forecasts. That way, you can confidently fulfill all the demand your marketing team generates.

What else is new?

Sometimes it鈥檚 not enough just to get a quick diagnosis. You need a more in-depth, specialized opinion on what鈥檚 happening (and intensive treatment plans).

So, alongside the actionable dashboard, we鈥檙e rolling out a few more new features that give you even more control over your brand鈥檚 operational health.

Introducing production costs, bundles, archived SKUs, and marketing event labels.

Visualize the production costs that power growth

As you know, cash flow is crucial for your growing business. After all, you can鈥檛 buy the inventory you need to reach your revenue goals without free working capital.

Now, thanks to the new product cost feature, you can easily budget how much capital you鈥檒l need to unlock this growth in the next 12 months.

You can even use this information to place smaller orders more often. That way, you run a leaner operation that keeps more cash on hand. This makes it easier to pivot if demand shifts, lowering your risk of dead stock.

Just sync your 吃瓜黑料, Extensiv Order Manager, Cin7 Omni, Fulfil, or ShipBob聽data using our free integrations to activate this feature. Once synced, you鈥檒l see the estimated costs for replenishment needs within your production and purchase orders.

We鈥檒l also provide a month-by-month snapshot of the estimated working capital you鈥檒l need to reach your revenue goals inside your actionable dashboard. All so you can keep cash flow, well, flowing.

Get greater clarity around future demand with bundles

Product bundles聽are retail brands’ secret sauce for increasing average order value. But executing a successful bundling strategy is easier said than done.

Not only do you need clarity on demand for that product when sold individually, but demand for it as part of the larger bundle. All while gauging how one offering cannibalizes sales for the other.

With the new bundles feature, forecast demand for all your parent SKUs (AKA, the complete bundle) and its child SKUs (the constituent products).

Similar to when the item is sold individually, the tool will calculate the bundle’s聽optimal order quantities聽and reorder point. This information is then automatically baked into your inventory replenishment plans.

When placing purchase orders, you can see a breakdown of how many units are to fulfill the individual SKU forecast target and how many are to the bundle target.

Or jump right in and . All these features are available to all 吃瓜黑料 merchants and ready in your account.

Need help getting started? Drop us a line at team@cogsy.com.

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