GoodDay Software

GoodDayOS™️ introduced Receiving functionality a couple of months ago. Our early customers are actively evolving how they operate in the warehouse. 😎 If you’d like to learn more about Receiving, sign up for a demo ➡️ https://lnkd.in/gi_jN9qf   ✔️ Simple but powerful operating tools to manage exceptions during the Receiving process ✔️ Receive items directly into specific Channels ✔️ Push inventory dynamically into Shopify ✔️ We build the connection to your WMS system for you ✔️ And we introduced a bit of fun with our PO Line statuses…why not? #Ecommerce #GoodDayOS #HaveAGoodDay      

Gearing up for the holidays? I’m hosting a webinar with Chad Brinton, SVP of Operations at Made In, on best practices for inventory management during the holidays. There is still time to optimize and improve. Learn how! Register here 👉 https://lnkd.in/gqJvqhWv #ecommerce #inventorymanagement #holidays

The promise of Shopify from 10 years ago has never been more true than it is today. I’m betting GoodDay’s future on it because it’s what’s best for our merchants. Reviewing their earnings, the momentum at Shopify is undeniable and inspiring, which gives us even more reason to continue to build as closely to Shopify as possible. #shopify #shopifypartner #inventorymanagement

At GoodDay Software, we’re helping brands get out of spreadsheets early, making accurate, timely FIFO costing approachable for small brands. The First-in, First-out (FIFO) costing method assumes that the oldest (first-in) inventory items are sold first. Pros of using FIFO: At Chubbies, we utilized FIFO and Weighted Average costing methods at different points in our operational maturity. We ended up using FIFO for everything because it best reflects your business’s natural, physical inventory flow. The FIFO method also provides the most accurate snapshot of your current inventory costs at any moment. This is particularly beneficial for most financial analysis and operational decision-making. Last, and particularly relevant in today’s macro and any inflationary operational environment, this method will lower your COGS and raise your margins in your financial statements. While this can be important at specific moments, there are other reasons to implement FIFO. Cons of using FIFO: The primary reason is that you must take a programmatic approach to manage it efficiently and accurately. The time-based variable is particularly challenging to account for on an ongoing basis. This makes it almost impossible to manage in spreadsheets. Here’s a pro tip from Dave Wardell, fmr. CFO at Chubbies and CPO at GoodDay: “It’s very hard to predict future profitability and cash flow in Retail. You shouldn’t expect precise cash flow outputs if you don’t use the most accurate costing inputs. FIFO mirrors your business trends and gives you the most accurate operational inputs to build.” But why did we use the Weighted Average costing method at Chubbies? The Weighted Average costing method simply takes the total cost of goods for sale divided by the total number of units available. If your supply chain experiences large price fluctuations, Weighted Average costing can smooth out the situation and provide more consistent COGS trends. It’s particularly useful for brands managing complex price volatility in raw materials and many inputs. Smoother costing curves, even if less accurate, will lead to less fluctuation and more consistent COGS trend lines. However, the Weighted Average method can sometimes be far less accurate and even misleading operationally. There were specific instances at Chubbies when we were burned by inaccurate cash flow planning that didn’t capture the nuance of our business’s work. The Weighted Average would have been accurate over time. Still, we had to make important operational decisions at that moment because it was hiding some underlying issues in our COGS trends. We don’t want this to happen to you, so at GoodDay, we eliminate spreadsheets and make managing FIFO significantly easier. Our system is, by nature, opinionated, and we want our operators to work from highly accurate and trustworthy operational inputs that represent how their business is working. #inventorymanagement #ecommerce #shopify

Pickleball is taking over. It is one of the fastest-growing sports ever in the US. Why? Because everyone, irrespective of age, can join and have fun! While exploring the world of pickleball, we discovered a brand called Recess Pickleball in Austin, TX. This brand is amazing, and the operators of Recess are incredible. They are building their brand around high-quality paddles and increasingly clothing and accessories that make the game approachable for players of all ages and skill levels. As fates would have it, they came to GoodDay Software with a challenge: The company needed a more efficient way to manage its inventory and operational processes. They're a fast-growing business, and their existing systems weren’t scaling as well as they'd like. Here’s what Recess struggled with: - Inventory bottlenecks: As demand surged, so did the complexity of managing inventory levels and forecasting product needs. - Limited visibility: They needed more real-time insights into product availability, which made it harder to meet growing customer expectations. - Scalability issues: Their existing systems couldn’t keep up with the fast-paced growth of the business, leading to recurring snags and delays. Recess chose GoodDay Software because we addressed several key operational challenges right from day one, bringing advanced inventory management functionality to the table, which none of the other tools they worked with offered. With GoodDay, Recess is primed for next-level operational efficiency: > Centralized inventory management: GoodDay has enabled Recess to centralize all inventory-related data into a single system, providing a clear inventory overview at all times. > On-the-fly intelligence: The real-time visibility feature enabled them to track product levels more efficiently, helping reduce stockouts and overstocks. > Scalable solutions: As the business has grown, GoodDay’s flexible and growth-ready features have adapted quickly, ensuring that operational hang-ups were a thing of the past. I love that our team could help them reinvent how inventory should be managed. Congrats on what you’ve built, Maggie Brown & Grace Moore—very impressive! Reinventing your ops can be daunting, but with GoodDay, we can make it simpler and straightforward. Know of any brands that could use our help? Take a minute to read the complete case study. We’re incredibly proud of our support for Recess in its operational transformation. https://lnkd.in/gVCzSJMK #inventorymanagement #ecommerce #casestudy

Reflecting on the Chubbies Shorts, Loop, and GoodDay Software experience, one of the most interesting threads is that they are all very optimistic organizations. It is powerful to see how simple optimism can shape a team for the better. I first learned this from Chubbies. Our team identified “positivity” as a key shared value when creating our shared culture document. It was the reason they were passionate about showing up to work every day and authentic to how our entire team showed up. We used this explicitly when considering new hires. Over time, we worked hard to ensure our external brand efforts represented this as well. As a leader & CEO, I’ve grown to consider it core to my role as the Chief Optimist and to set an overwhelmingly optimistic tone for what we can achieve together. With each brand—Chubbies, Loop, and GoodDay—we’re disrupting competitive spaces or creating new markets entirely. This is hard work. Failure is around every corner. But so is opportunity. Approaching this exercise with a pessimistic attitude simply doesn’t work. Innovation, in particular, doesn’t stem from pessimistic energy, so I recommend that every organization cultivate and reward optimism when you see it. Many great leaders have lived by this principle. I’m fortunate to have benefitted from the power of collective positivity. At GoodDay, I think about this daily: “Where can I infuse positive energy into our business to create a world for our merchants that even they couldn’t imagine?” Optimism is an excellent counter-balance to support the inevitable setbacks of entrepreneurship, tiding over recessions, or dealing with new competitive pressures. At the end of the day, whatever challenges you’re currently facing will come and go—the future favors the optimist. Both Chubbies and GoodDay Software explicitly mention optimism or positivity as one of the five important cultural principles. It’s as simple as this. Who would you rather follow—someone optimistic about the future or someone who views the world with a half-empty glass mentality? I choose the former 10 out of 10 times. #brandbuilding #ecommerce #optimism

It’s second nature for me to compete—the more direct the competition, the better. We all bring the same energy to GoodDay as we try to reimagine how ERPs can come to life. #inventory #brand #ecommerce

The 0 to 1 journey for brands growing up on Shopify today is nothing like when we started Chubbies in 2011. Here are some observations from the last 10+ years of brand building. --> When building a brand, don’t try to appeal to everyone. Define your audience clearly and engage with them deeply. When we launched Chubbies, Google was the only scalable advertising platform to reach new customers. We have Google, Facebook, Instagram, YouTube, TikTok, Snapchat, Amazon, and more at our disposal today. This is both a blessing and a curse—you have more potential to scale, but you also have much more noise. While your team must develop best marketing practices across all the ad platforms, it’s even more critical that your products stand on their own, selling themselves across these platforms that are starting to behave more and more like marketplaces. To borrow a line from Preston 🩳 Rutherford, your products must stand out in a “sea of sameness.” Chubbies stood for carefree weekends and had a pretty irreverent voice, which made the brand unforgettable and shareable. In 2025, your brand & product must mean something unique—don’t be afraid to be polarizing. --> Don’t fight the retail math; build into it early. Here are a few universal retail truths you must never forget. 1. Master your margins early Get your product gross margin right and build towards profitable unit economics that works from Day One. In apparel, this means over 75% in product margins. It’s different for other categories—you’d know this, and you’d need to build towards hitting the number. 2. Lean into seasonality; don’t fight it Know when your customers buy. Reducing seasonality is rational, but it’s very hard to accomplish. Chubbies’ summer-centric style succeeded because it didn’t try to be “year-round.” We tried to completely own the mindshare of our audience in Spring and summer when we were most relevant. 3. Go where customers buy Whether online, in stores, or pop-up shops, just make it easy for customers to find you. Chubbies succeeded by being accessible in as many channels as possible over time. Expanding into the wholesale and owned store channels was the most effective way we reduced our reliance on ad spend. 4. Beware: economies of scale can be elusive We were taught in Economics 101 that as you get bigger, your per-unit costs should go down. As we scaled Chubbies from $5M to $50M, our supply chain became far more complex, and ultimately, there were many short-term per-unit price increases. The bottom line is that “economies of scale” aren’t always guaranteed—you have to go get them. At GoodDay, we’re continually enhancing operating tools to simplify scaling, make it more efficient, and fine-tune it to meet the demands of today’s market. For anyone starting out, remember that it’s not just about reaching audiences but also about creating an experience they want to return to. Got questions? Drop them in the comments. #omnichannel #ecommerce

At least once a week, people ask me, “What do you like building more: a SaaS or retail brand?” The answer is quite simple. I think of myself as a brand builder. At GoodDay Software, I wake up every day with a purpose: to help as many brands as possible. For me, it’s about building brands & getting a team fired up to accomplish its goal, be it SaaS or a retail/ecommerce brand. Looking back, the vast majority of my career was spent building brands at Chubbies, and I loved every minute of it. In my opinion, there is no better entrepreneurial ground where you can learn a lot quickly. When you are building a brand, you are hunting every day. If you don’t acquire customers and get existing customers back to your site to purchase—you don’t eat. This pressure is good. It’s healthy. Brand building is a wild ride, you get to shake things up, and can find hidden wins in everyday work. That energy was key at Chubbies. We kept it light, didn’t overthink things, and stayed focused on the big wins. I also got spoiled over time with how much signal and data the consumer gives you. When you launch new products in e-commerce/retail, you almost immediately know if they are going in the right direction or not, with little uncertainty. That’s different in software. If you build the right SaaS product that meaningfully delivers and improves your customers’ lives, the business model itself will be far more elegant and scale a lot better. With GoodDay Software, I find it far easier to focus on the long-term product vision and just build. We’re well-funded, and I deeply believe in the vision. It helps our team stay focused on the big picture and just push through. That said, reinventing a large SaaS category like GoodDay with ERP can be challenging if you don't get early customer feedback. It’s why we choose to work closely with our design partner brands—a group of fast-growing brands that help us build exactly what’s required and keep us on the cutting edge of where operations are headed for Shopify brands. I personally consider a lot of what we’re doing at GoodDay to simply be me and my team sharing our operational knowledge from Chubbies and Loop with the next generation of brands. The hope is that they can learn from our experiences and scale more effectively. Got a question for me re: building SaaS or ecom? Drop them in the comments. #ecommerce #SaaS #retail #brandbuilding

Why is GoodDay Software essential? Let’s break it down. If you’re not used to operating in a centralized system, consider GoodDay your business’s operational backbone. It handles complex, behind-the-scenes operations and makes everything—from inventory to supplier relationships—work seamlessly. We’ll look at how GoodDay changes the game: 1. 𝐀 𝐜𝐞𝐧𝐭𝐫𝐚𝐥𝐢𝐳𝐞𝐝 𝐩𝐥𝐚𝐭𝐟𝐨𝐫𝐦 𝐟𝐨𝐫 𝐬𝐭𝐫𝐞𝐚𝐦𝐥𝐢𝐧𝐞𝐝 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 No more jumping between different software systems for every department. GoodDay unites a complex web of sales orders, inventory locations, logistics and fulfillment logs, and accounting under one roof. This means every person on your team has centralized access to real-time operational data, can work in sync, and can self-serve when they have critical operating questions that might slow them down. It’s built natively into Shopify, where your operators are used to operating. 2. 𝐁𝐨𝐨𝐬𝐭 𝐲𝐨𝐮𝐫 𝐬𝐚𝐥𝐞𝐬 𝐚𝐜𝐫𝐨𝐬𝐬 𝐦𝐮𝐥𝐭𝐢𝐩𝐥𝐞 𝐜𝐡𝐚𝐧𝐧𝐞𝐥𝐬 Gone are the days when your business is limited to Shopify-only DTC sales. It’s essential to meet your customers where they are, including all your Off-Shopify sales channels. With GoodDay, every brand can smoothly manage B2B (including in-season & pre-book sales) and leverage newer marketplaces like TikTok Shop. By simply saying yes to these new sales channels, we’d estimate a 10% increase in revenue and an overall improvement in inventory sell-through. 3. 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐫𝐞𝐯𝐞𝐧𝐮𝐞 𝐰𝐡𝐢𝐥𝐞 𝐫𝐞𝐝𝐮𝐜𝐢𝐧𝐠 𝐰𝐨𝐫𝐤𝐢𝐧𝐠 𝐜𝐚𝐩𝐢𝐭𝐚𝐥 Why tie up cash in excess inventory? With GoodDay, you can see your inventory levels across physical and virtual channels. This, combined with tools to manage inventory segmentation, is the easiest way to optimize your working capital. Reducing the number of weeks of supply on hand while maintaining the same revenue levels will increase your cash conversion. Early estimates suggest this will improve cash conversion for GoodDay customers by more than $150,000. The result? A leaner, more resilient operation that drives better cash flow. 4. 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐨𝐧 𝐭𝐡𝐚𝐭 𝐬𝐚𝐯𝐞𝐬 𝐭𝐢𝐦𝐞 𝐚𝐧𝐝 𝐛𝐨𝐨𝐬𝐭𝐬 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐯𝐢𝐭𝐲 Manual processes slow your team down. GoodDay automates repetitive tasks like daily and weekly reporting and dual data entry. It’s estimated that businesses using GoodDay save over 24 days per year in administrative work alone. That’s more time to focus on scaling your business. 5. 𝐒𝐦𝐚𝐫𝐭𝐞𝐫 𝐝𝐞𝐜𝐢𝐬𝐢𝐨𝐧-𝐦𝐚𝐤𝐢𝐧𝐠 𝐰𝐢𝐭𝐡 𝐫𝐞𝐚𝐥-𝐭𝐢𝐦𝐞 𝐝𝐚𝐭𝐚 GoodDay provides you with data and analytics in real-time. Whether tracking sales performance, making supply chain adjustments, or optimizing your inventory positions, you’ll have all the insights you need. Decisions become faster and more informed, leading to better outcomes and quicker growth. Have a specific challenge or use case? Give us a shout! #inventory #shopify