What is Otonomic?
Otonomic is a software-as-a-service (SaaS) platform that aims to provide smart order, inventory, and warehouse management solutions for ecommerce companies. It integrates with popular ecommerce platforms such as Shopify, BigCommerce, and others to gain visibility into sales and inventory data.
A key capability offered by Otonomic is automated inventory optimization. The software uses predictive analytics and machine learning algorithms to determine optimal inventory levels across multiple warehouses and locations. This helps ecommerce retailers reduce excess inventory while minimizing the risk of stock-outs and backorders.
In addition, Otonomic offers intelligent order routing and fulfillment capabilities. As orders come in, its algorithms will determine the optimal warehouse or dropshipper to fulfill the orders based on proximity to customers, cost of fulfillment, delivery speed, and other configurable rules. This helps multi-channel ecommerce retailers optimize order routing for faster deliveries and higher profit margins.
The platform also provides insights and visibility into inventory health across all warehouses and sales channels. This allows ecommerce brands to identify issues and opportunities related to excess stock, dead stock, stock-outs etc. The dashboard gives real-time visibility to optimize supply chain performance.
Overall, Otonomic aims to be a smart SaaS platform to manage order, inventory, and fulfillment operations for high-growth ecommerce brands looking to optimize their supply chains using predictive analytics and automation.