February 2025

February 2025

ForesightAI

Cin7 ForesightAI can help you avoid stockouts on your best-selling products, reduce overstocked inventory, and avoid buying products that don't sell. Transform your inventory management with advanced forecasting, replenishment optimization, and critical insights. ForesightAI includes Smart Reorder, ForesightAI widgets, and four new reports.

25 February 2025

Smart Reorder

Using your sales history, Smart Reorder can create purchase orders, production jobs, and branch transfers that optimize your stock levels. The production job suggestions will help you avoid stockouts or miss deadlines because of manufacturing delays. Branch Transfer suggestions help you find the right balance of stock in your branches, without necessarily buying more products.

25 February 2025

ForesightAI reports

ForesightAI includes a range of reports for your products and inventory levels.

  • Overstock: See which products are overstocked and which products are likely to run out of stock (stockout).

  • Potential Stockout: See which products are out of stock (stockout) or will be soon, when they will stockout (start and end), and how much lost revenue the stockout will cause.

  • Sales Forecast: Forecast sales for up to the next 24 months based on your previous sales history.

  • Winners And Losers: See which products drive your revenue and which products are rarely sold and tie up your cashflow.

25 February 2025

Integrations

Iconic carrier mapping - AusPost and Fedex

We’ve mapped the carrier name “Parcel Post” and used by some third-party logistics providers (3PLs), to the approved Iconic carrier name “AusPost.”

We have also mapped the carrier name “FedEx International”, to the approved Iconic carrier name “FedEx”.

25 February 2025

Sales order and stock

Change the Transaction Lock Days

Now, you can change the Transaction Lock Days and override the defaults. Previously customers encountered a "No changes made" error when attempting to update the transaction lock days.

25 February 2025

Process stock batch rounding to zero (0) stock values between 0.01 and 0.1

We now correctly display stock on hand when it is between 0.01 and 0.1. Previously, these values were rounded to zero.

25 February 2025

Reports

Voided orders are included in COGS Breakdown report

We have fixed an issue where voided order values were incorrectly included in the COGS Breakdown report.

25 February 2025