Software Updates For June 2022

Continuing to be the best inventory management software is our passion! We’re always open to your suggestions and to making our tools more useful for you. With that being said, here is what is new and improved this month. Let’s dive in!

The new automated seasonal spikes feature is officially up and running, available to all accounts. You find it in your Forecast page under the forecasting settings.

With this feature, you can set automatic seasonal ups and downs month to month, bi-weekly, or even weekly, based on past sales curves. SoStocked will find the annual average daily sales for the product, indicate which time periods extend above or below that average, and then you can input trend settings above or below those projections.

Did you launch a new product and you have no month to month sales pattern data on which to base your sales projections? No problem! Select historical seasonal trends for other products within your catalog and use those same trends for your new product. Group together multiple seasonal product trends for more intricate forecasting. Our new seasonality feature will find an average of that grouping to apply to your new SKU.

You can also set different seasonality for each marketplace separately, US, EU, etc. to create the most accurate forecasting for every product in every marketplace.

You might have heard about this new API around the Amazon community. Just in case you don’t already know what it is, here is a brief explanation.

First, API stands for Application Programming Interface. In layman’s terms, this allows 2 applications or softwares – like SoStocked and Amazon – to talk to each other.

SP-API is a new type of API for Amazon. The SP part stands for Selling Partner. SP-API is the next generation or new version of API for Amazon. They have been using MWS (Marketplace Web Service) for years and now they are launching SP-API as an evolution of MWS. The new SP-API is needed for SoStocked to connect with the newer marketplaces such as Australia, India, Japan and Dubai.

Here at SoStocked, we are ready for the new global API. Our international currency and exchange rate options (find out more here) along with this new SP-API, will create a streamlined SoStocked experience for selling across the globe.

We have been patiently (or not so patiently) waiting for Amazon to do what they need to do to allow us to integrate with the new SP-API system. We heard positive confirmation that they have a deadline to get this done by July 31st. So get ready folks, it’s almost here!

It has been a lot of work getting all of the details aligned to integrate Shopify into our system. But the SoStocked development team has continued to work with our beta testers to get this platform into action. There have been some major changes to the software on the back end that will support the new SP-API coming up as well as integration with Shopify and other stores, so you will be able to track sales, shipments and inventory levels for your off-Amazon forecasts too! So stay tuned!

🛠 Tool Tip Definitions For All Columns On The Inventory Page.
Tool Tips are the little grey boxes that pop up and tell you what each feature means. Now on the Inventory Page, every column has a Tool Tip so you can take any guesswork out of your reporting. Simply hover your mouse over the column title and the Tip will pop up and tell you what the column means.

💵 We Added Cost Per Unit and Shipping Costs Columns and Filters to Work Orders Page
On the Work Orders page you can turn on columns for Shipping Cost and Cost Per Unit. You can also sort through your Work Orders quickly by using newly added filters to find any items with a specific cost per unit or Shipping Cost.

We have combined Warehouses and Prep Centers functionally as the same type of vendor for simplicity
For ease of use we combined warehouses & prep centers into one vendor type. This will make your lead times and tracking much more simple. It takes away unnecessary additional columns and any eliminates guesswork out of creating lead times.