OpSignal helps you understand the state of your business through sales trends, profit margin, and inventory management. Click here for the OpSignal training video.
During setup or whenever a new product is added to Shopify, OpSignal defaults the profit margin to 20%. Users have the option to use the Cost option under Products update the cost of each product/variable. Please calculate and enter the total cost per unit to accurately compute the profit margin.
Manage in stock quantity and sales prices from the Product Inventory screen. Try scenarios by entering the cost and changing the sales price to review your potential margin. No changes are made to the Shopify store until you decide to publish the quantity and sales price to the store.
Enter the lead time and reorder point if you know it. OpSignal plans to use Artificial Intelligence to automagically update this value after observing how your business is doing.
Create a unique place of your own by leveling the playing field against the giants. OpSignal has been build ground up to help Shopify customers make confident decision by leveraging the power of Artificial Intelligence by forecasting when to reorder products (based on seasonality), what product mix to carry, and how to increase profit.
OpSignal, brought to you by Intuit Labs. Intuit Inc. is committed to powering prosperity around the world for consumers, small businesses and the self-employed through its ecosystem of innovative financial management solutions. Its flagship products and services include QuickBooks® and TurboTax®, which make it easier to manage small businesses and tax preparation and filing.
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