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. Its unique advantage is the ability to import offline sales data and blend it with Shopify order history, so your forecasts reflect your actual business, not just one channel.
Feature comparison
| Feature | Stockwise | Inventory Planner |
|---|---|---|
| Stockout predictions | ✓ | ✓ |
| Reorder quantity recommendations | ✓ | ✓ |
| Offline sales CSV import | ✓ | ✗ |
| Blend Shopify + offline sales | ✓ | ✗ |
| Purchase orders | ✗ | ✓ |
| Multi-channel support | ✗ | ✓ |
| 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 to be up and running in minutes, not days
- Stores with sales outside Shopify that need blended forecasting
- Merchants at an earlier stage who don't yet need enterprise forecasting
- 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 purchase orders and supplier management
- Stores selling across many channels who need unified 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 →