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What is Mycroft Assistant?

Sales forecasting can significantly improve with the application of machine learning algorithms that evaluate a range of factors, including Seasonal Sales, Recurring Sales, Missed Sales, Related Sales, Marketing Promotions, Trend Impact, Abnormal Demand, and No Demand Cleanup. This methodology includes the automated ranking of products at each location based on essential criteria such as turnover, margin, and service level, which enhances inventory management strategies. Furthermore, it determines the optimal safety stock levels for each product at every outlet to maintain adequate supplies while reducing excess inventory. By establishing these ideal reserve levels, resources can be allocated more efficiently, resulting in cost reductions and heightened operational efficiency. The system also examines replenishment requirements for all products across various outlets and transit warehouses, producing detailed reports on product availability and liquidity. Key events trigger email alerts, keeping all relevant stakeholders updated in real time. Additionally, the system offers practical suggestions for meeting calculated demands throughout the supply chain, taking into consideration constraints like priority, budgetary limitations, service levels, and delivery methods. It automatically generates Supply and Sales Plans as well as Replenishment and Transfer Orders, thus simplifying processes and enhancing overall supply chain effectiveness. In essence, this approach not only streamlines operations but also fosters improved decision-making across all levels of the organization, ultimately leading to a more responsive and agile supply chain.

What is Absolute Value?

Our Demand Planning system integrates sophisticated "dynamic controls" which enable rapid adjustments to changes in demand or revisions in the demand strategy. This capability allows for automated updates in inventory replenishment, thereby improving your inventory position, increasing cash flow, and enhancing customer service levels, all while maintaining complete transparency. Do you often feel stressed about inventory management across multiple warehouses? Are you regularly worried about ensuring that supplies are available exactly where they are needed? Is it typical for your warehouses to be overstocked with certain items while other products are in short supply? Handling inventory across a network of warehouses does not have to be a source of anxiety. The challenges of managing incoming and outgoing stock become much more complex when you have several warehouse locations to consider. The key is to implement a system that grants visibility and control over stock levels at each site, as well as throughout the entire network at once, promoting a more efficient management approach. This strategy not only streamlines operations but also provides greater confidence in managing your inventory effectively. By utilizing such a system, you can alleviate the pressures associated with inventory oversight and focus on other critical aspects of your business.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$450 per month
Free Trial Offered?
Free Version

Pricing Information

$500 per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Mycroft Assistant

Date Founded

2014

Company Location

United States

Company Website

mycroft2b.com

Company Facts

Organization Name

Absolute Value

Date Founded

1997

Company Location

United States

Company Website

www.absolutevalue-us.com

Categories and Features

Inventory Management

Alerts/Notifications
Barcoding / RFID
Forecasting
Inventory Optimization
Kitting
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management
Warehouse Management

Supply Chain Management

Demand Planning
Electronic Data Interchange
Import / Export Management
Inventory Management
Order Fulfillment
Order Management
Sales & Operations Planning
Shipping Management
Supplier Management
Transportation Management
Warehouse Management

Categories and Features

Distribution

Barcoding / RFID
Import / Export Management
Inventory Management
Order Management
Purchasing
Returns Management
Sales Forecasting
Shipping Management
Warehouse Management

Supply Chain Management

Demand Planning
Electronic Data Interchange
Import / Export Management
Inventory Management
Order Fulfillment
Order Management
Sales & Operations Planning
Shipping Management
Supplier Management
Transportation Management
Warehouse Management

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