Quick summary
Inventory Planner is a well-regarded demand forecasting tool used by larger Shopify merchants. It offers sophisticated forecasting algorithms, purchase order management, and multi-channel support, starting around $99/month.
Stockwise is built for merchants who want accurate, actionable reorder recommendations without the price tag or setup complexity. It includes purchase orders, PDF export, offline sales blending, and automatic inventory updates on receipt, all for $29.99/month.
Feature comparison
| Feature | Stockwise | Inventory Planner |
|---|---|---|
| Stockout predictions | ✓ | ✓ |
| Reorder quantity recommendations | ✓ | ✓ |
| Offline sales CSV import | ✓ | ✗ |
| Blend Shopify + offline sales | ✓ | ✗ |
| Purchase orders | ✓ included | ✓ |
| PDF export | ✓ | ✗ |
| Auto-update inventory on receipt | ✓ | ✗ |
| Raw materials tracking | ✗ | ✓ |
| 70+ integrations | ✗ | ✓ |
| Advanced forecasting algorithms | ✗ | ✓ |
| Setup time | 5 minutes | Hours to days |
| Free trial | ✓ 30 days | ✓ 14 days |
| Starting price | $29.99/month | ~$99/month |
Who should choose Stockwise
- Merchants who want purchase orders, forecasting, and offline sales blending without enterprise complexity
- Stores with sales outside Shopify that need blended forecasting
- Merchants at an earlier stage who don't yet need raw materials or 70+ integrations
- Stores looking for a significantly lower price point
Who should choose Inventory Planner
- Established brands doing $1M+ revenue that need sophisticated demand models
- Merchants who need raw materials tracking and deep ERP integrations
- Stores selling across many channels who need unified multi-channel forecasting
Try Stockwise free for 30 days
Install Stockwise and within 5 minutes you'll see your top stockout risks, recommended reorder quantities, and a full inventory forecast. Free during your trial.
Install free on Shopify →