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Mandrel

Mandrel

Inventory automation for consumer brands
110 employees
New York, NY
Founded in 2023

TL;DR

Mandrel is an AI-powered inventory automation platform for consumer brands. Our platform combines operational and financial inventory data at the SKU level, automatically capturing documents, tracking inventory, and tracking everything from POs to landed costs in real time.

No more juggling spreadsheets or manual data entry — Mandrel integrates all your inventory workflows into a single, unified hub, cutting down on errors and giving you instant insights to make smarter, faster decisions.

Whether you’re tracking inbound shipments or closing the books, we help you scale without the busywork, keeping your margins healthy and your team focused on growth.

What's the backstory?

Mandrel was born out of frustration with the grind of managing inventory manually. We’ve seen growing brands buried in spreadsheets, vendor documents, and disconnected tools, stuck in constant back-and-forth between operations and finance just to keep things running.

Today’s brands need to grow while staying lean and protecting margins, but outdated tools make this a challenge.

At Mandrel, we're building inventory automation software because we believe every inventory decision is a financial one, and brands need software that reduces the siloes between operations and finance and automates the workflows that tie them together, so they can make faster, smarter decisions that protect margins and drive growth.

Key offerings

Document Data Capture

Mandrel AI transforms your inventory documents from purchase orders to goods receipt notices (and everything between) into accurate, structured, searchable data with built-in operational context, making your supply chain insights easy to review and instantly actionable — all without any manual data into spreadsheets or software tools required.

SKU Landed Costing

No more complex cost allocation formulas. Mandrel automatically calculates landed costs in real-time by SKU and location as invoices and logistics documents hit your inbox, giving you instant visibility into actualized landed costs (including indirect costs) for each raw material and finished good. Confidently price products and proactively manage COGS.

PO Management

Streamline PO management with real-time tracking and seamless document collection for compliance. Mandrel AI links POs to related documents, such as invoices, packing lists, and BOLs, and automatically updates PO status and SKU costs as new documents are received.

Inventory Tracking

Gain a live, responsive view of your raw material and finished goods inventory by SKU, status, and location (even raw materials at your co-manufacturer facility). Each inventory event, such as receiving shipments or transferring stock, updates inventory levels without manual data entry, ensuring effortless and precise tracking from vendors to your warehouse and beyond.

Inventory & COGS Accounting

Get rid of error-prone inventory workbooks and streamline your month-end close with automatic reconciliations, accrual support, and batched journal entries by SKU across both inventory and COGS. Mandrel even provides a comprehensive item-level sub-ledger for auditing, so you can ensure your financial reporting is accurate and reliable.

Product Data Management

Keep operations and logistics data across all your locations, vendors, and items, including BOMs and parent/variant relationships, centralized and accessible without digging through outdated ERPs. Mandrel links every inventory event, document, and cost back to your items, so the data you’re looking for is always at the tip of your fingers.

How does pricing work?

Tier-based SaaS pricing based on company size and complexity.

No per-seat pricing.

Typical budget

$10k – $50k

Billing models

Subscription

Who is it for?

Have double- or triple-digit number of SKUs (or more)
Have multiple sales channels, vendors, and warehouse locations
Are purchasing finished goods and/or raw materials on a monthly basis
Have lean operations and finance teams
Are looking to automate PO management, SKU-level landed costing, and inventory tracking and accounting, without the hassle of manual data entry
Single SKU brands with low vendor PO quantities
Typical customer types
Brand
Purchasing departments
Logistics & Supply ChainInventory Procurement & PlanningFinance & AccountingBusiness Operations & Strategy
Typical customer headcount
1 – 1011 – 5051 – 200201 – 500
Typical customer revenue
$1M – $5M$5M – $10M$10M – $25M$25M – $50M$50M – $100M$100M – $500M
Typical customer sales regions
North AmericaEurope

FAQ

Implementation is measured in days with Mandrel (if that) vs. weeks or months with an ERP system. A few one-click integrations to connect into your commerce platforms, warehouse management system, and email inbox, and you’ll be on your way to automated data entry, SKU-level inventory data, and quicker monthly closes in no time.


Profile last edited by StartOps on January 17, 2025.


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