Meet Prediko, a brand new startup that sits on the intersection of e-commerce, fintech and software program as a service. If you happen to’re manufacturing gadgets and even simply shopping for and reselling completed items, likelihood is stock administration is among the greatest ache factors relating to operating what you are promoting.
As an illustration, while you launch a brand new product, you don’t know if it’s going to be a well-liked merchandise. You’ll be able to both order too many items or run out of inventory too shortly. Within the first state of affairs, it means that you’re paying for items that don’t generate income instantly, which is able to have an effect on your money steadiness for some time. You may additionally be spending cash to retailer these gadgets in a warehouse.
Within the second state of affairs, you’re lacking out on potential gross sales. It usually takes fairly some time to refill your stock, so that you wish to forecast inventory points as early as potential.
Prediko has constructed an internet dashboard that allows you to overview your stock place in addition to plan and order extra merchandise. Clients join Prediko with their Shopify retailer immediately — the startup is constructing integrations with different e-commerce platforms. After that, they will generate stock reviews to see fast-moving merchandise, slow-selling gadgets and the present retail worth of the stock.
The platform then helps you generate totally different development eventualities relying on seasonality, advert campaigns and extra. Over time, clients can examine precise gross sales with income targets. Like many SaaS merchandise, Prediko competes with Excel spreadsheets and guide forecasting.
Picture Credit: Prediko
Lastly, Prediko helps you create buy orders in your suppliers. You’ll be able to observe orders from Prediko immediately utilizing a kanban view.
And there’s a fintech angle with these capital-intensive e-commerce companies. Prediko may also assist you finance your inventory in order that your buy orders don’t have an effect on your checking account an excessive amount of. This can be a good transfer, as Prediko already has a ton of information about their clients’ income efficiency.
Prediko has raised $5 million in a seed spherical led by Felix Capital. Different buyers embody Guillaume Pousaz’s Zinal Progress, HelloWorld, NomadCapital and the CEOs and/or founders of Klarna, Gorgias, Zencargo, Pigment, Ankorstore and Yoobic.
Picture Credit: Prediko
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