Shopify COGS, PO, and Profit Tracking for Mixed Inventory Stores
The Opportunity
A Shopify app for merchants who manage stocked inventory and dropship products in the same store. It automatically tracks inventory movements, purchase orders, landed costs, and profit by SKU without relying on spreadsheets.
"Merchants manually tracking inventory, purchase orders, COGS, and profitability in spreadsheets lose time and struggle to produce accurate P&L reporting for stocked and dropship products."
Market Validation
Detailed Analysis
Proposed Solution
Offer inventory deduction on Shopify orders, purchase order creation and receiving, average cost or FIFO costing, sales and margin reporting, and separate handling for dropship items that are not stocked internally.
Target Audience
Shopify store owners and operations teams with stocked warehouses, mixed fulfillment models, and 500+ monthly orders.
Competitive Landscape
Stocky, Katana, Cin7, Finaloop, Trunk, Inventory Planner
Implementation Notes
Need inventory ledgering, PO lifecycle management, receiving workflows, cost-layer accounting for average/FIFO, product cost histories, Shopify order event ingestion, and reporting for gross margin and P&L. Must cleanly separate stocked SKUs from dropship SKUs and support exports to accounting tools.
Evidence from Merchants
Real quotes from Shopify community forums
"I’m currently looking for an inventory management system for my business and would appreciate recommendations."
"Currently managing inventory and COGS manually via spreadsheets."
"With 1,000 SKUs and 800 orders/month, you're past the point where spreadsheets make sense."
"Cin7 and Unleashed will do the job at smaller scale but a lot of businesses we work with end up moving off them once order volume and SKU count grows."
"For COGS, POs, and P&L reporting specifically, Prediko is probably your best bet for Shopify."
Key Pain Points
Managing inventory and COGS manually via spreadsheets
highMentioned by 1 merchants
Impact: Increased risk of errors and inefficiencies leading to potential revenue loss.
Outgrowing current inventory management solutions like spreadsheets
criticalMentioned by 1 merchants
Impact: Potential loss of sales due to inefficiencies.
Market Metrics
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