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noAlchemy | 12 years ago

How's your maths? Here's something I'd pay quite a lot for: intelligent inventory optimisation in an easy to use SaaS format. Quite mathematically intensive to do well, so most SMEs don't have the skills, but directly saves money so has a clear value proposition.

Some pointers for an MVP I think might be sensible: Model stock arrival and product ordering as Poisson point process with probability based on recent data Combine with sales data & length of ordering cycle to reach suggested quantity per order (you could make suggestions to account for covering variations in customer ordering based on standard deviations)

I'm thinking of doing this myself for my business but really not finding the time to get it done!

discuss

order

anty|12 years ago

There seems to be a lot of competition in this field. Did you evaluate existing services? It's an interesting problem.

noAlchemy|12 years ago

I've had a look (but not intensively, it's a back-burner thing for me at the moment). Everything seems very heavyweight and aimed at big businesses with long supply chains.

For a small ecommerce retailer, you don't want much like that; maybe I've missed it but there seems to be a gap for the Basecamp of this niche. A shopify plugin might be a good way to get standardised i/o rather than adapting to proprietary systems