Boost your inventory and procurement efficiency with ProcurementNext - an ERPNext app that accurately forecasts demand, minimizes excess stock, and lets you plan and simulate POs in real time. Gain instant control and transparency for just-in-time stock management!

ProcurementNext is a cutting-edge tool for procurement and inventory planning, designed for teams focused on Just-In-Time stock management. Streamline inventory transparency, predict future demand, and simulate the impact of Purchase Orders and demand spikes with ease.

Leveraging over 20 years of experience from leading OEMs, retailers, and D2C brands, combined with advanced mathematical optimization and forecasting models, ProcurementNext equips procurement experts with powerful planning capabilities. Our platform enables teams to forecast demand and inventory up to 24 months ahead, visualize decision impacts, and create and submit purchase orders in real-time. Proactive alerts for out-of-stock and lost-sales risks ensure you have the information needed to drive business success.

Features

• Demand & inventory forecast up to 24 months into the future
• Real-time reporting on simulated and actual lost sales
• Modular product and bundle logic intelligence
• Real-time PO planning, simulation, and submission
• Risk-class dashboard and custom procurement planning
• Collaborative tools to share and review procurement plans

Techstack

• Backend: FastAPI/Pydantic (+ Frappe/ERPNext)
• Frontend: React, TypeScript
• Deployment: Frappe Cloud
• Time Series: Nixtla
• LLM Integration: Langchain
• Procurement Optimization: Google OR Tools

Roadmap

• Continuous speed optimization
• Synthetic forecasting for new SKU/product launch planning
• One-Click Cashflow optimization
• Integration with external business factors and 3rd party data streams
• Multi-graph tiles for scenario comparison