Inventory Planner
How-To Guide

Identify Products About to Stock Out

Stockouts cost revenue and damage customer trust. Alfred gives you two ways to see what's about to run out: a detailed forecast with configurable velocity and growth, or a quick snapshot sorted by weeks of supply. Use the forecast for planning and the snapshot for a daily pulse check.

Option 1: Detailed forecast with velocity & growth controls

Recommended
1

Go to Inventory Forecasting from the left navigation.

2

Set the Forecast period to match your planning horizon (e.g., 'Next 30 days' or 'Next 60 days').

3

Set the Velocity window to control how sales velocity is calculated (e.g., 'Last 30 days' for recent trends).

4

Optionally set an 'Est. Growth' percentage if you expect demand to increase (e.g., 10% for upcoming promotion).

5

Sort the table by 'Est. Stockout' date ascending — products stocking out soonest appear at the top.

6

Review the 'Stockout Lost Sales' column to see the financial impact of each potential stockout.

7

Select at-risk products and click 'Start Purchase Order' to begin reordering immediately.

Option 2: Quick snapshot by Weeks of Supply

1

Go to Product Planner → Inventory Snapshot tab.

2

Sort the table by 'WOS' (Weeks of Supply) ascending.

3

Products with 0-2 weeks of supply need immediate attention.

4

Check the 'Vel/Day' column to confirm the product is actually selling (low WOS with 0 velocity means it's already stocked out, not about to be).

Pro Tips

  • 💡The Dashboard's 'Est. Revenue at Risk' card gives you a daily summary without navigating to Forecasting.
  • 💡Set up Inventory Alerts to receive automatic email notifications when products drop below your reorder threshold.
  • 💡If a product was recently out of stock, its velocity may be understated — the forecasting engine normalizes by in-stock days to account for this.
  • 💡Check 'Inbound' column in Forecasting to see if a PO is already on the way before placing a new order.