One of North America’s top bead and crafting retailers, Cara & Co, is adopting Inventory Planner by Sage for smarter seasonal forecasting, so the team is always across what products to buy and when to buy it as the business grows.
Female-founded and with an all-female workforce, Cara & Co is a Canada-based beads and crafts retailer specializing in silicone beads and premium crafting supplies, including DIY craft kits.
In the years since the e-store launched from a basement in 2013, Cara & Co has grown exponentially. To coincide with its increasing order volume and the opening of a new HQ and warehouse space, the brand looked to also upgrade its inventory planning intelligence.
Inventory Planner provides real-time inventory planning and automated, integrated demand forecasting software for high growth e-commerce stores.
In opting for Inventory Planner, Cara & Co has gained access to its full range of data-fueled inventory planning intelligence – including full inventory visibility, intuitive reporting, game-changing sales forecasting capability and accurate and reliable purchasing recommendations. With Inventory Planner supporting Cara & Co’s forecasting, purchasing and reporting processes, the brand can make informed inventory decisions on a granular level and create an optimized inventory that will drive profitability and boost essential cash-flow.
With Inventory Planner in its back pocket, Cara & Co now has the tools and insights to solve its formerly manual inventory planning calculations and receive in-depth visibility and reporting functionality across its entire stock listings.
“We are thrilled with the capabilities that Inventory Planner brings to our company,” said company co-founder & President Cara Overduin. “From predictive ordering, sales analytics and automated work-flow options, this inventory planning system will help us meet our company vision to provide our customers with the best product, at the fastest service and with smart stock that supports demand and seasonality. Specifically managing our craft kit stock through the assembly and bundle capabilities of Inventory Planner has been a lifesaver! Inventory Planner has given us a solid foundation for taking our company to the next stage of growth!”
Times have been turbulent for e-commerce brands of late, with a cost-of-living crisis and ongoing economic downturn. But, with access to real time data and intelligent purchasing recommendations, the team at Cara & Co can be confident of having the means to make informed decisions about the right level and mix of inventory they need at any time.
“We’re thrilled to welcome Cara & Co to the world of Inventory Planner,” said Justin Press, SVP Customer Success at Inventory Planner.
“With Inventory Planner, Cara & Co will get the intelligent insights they need to create a slick, profitable inventory mix. The purchasing recommendations will even indicate when they’re running low on single elements of bundles and kits, which is perfect for their DIY beading kits. We’re excited to be a part of the team’s next chapter.”
