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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 FlowVision ION?

Inventory management cannot be treated as a task that can be ignored once established, as the preferences of customers and the needs of the business are always in flux. Consequently, it is essential to have an adaptable system that can modify inventory levels in response to changing demand patterns. ION excels in this regard by analyzing real-time demand trends to establish the optimal inventory levels necessary for each day. Its intuitive workflow provides planners with actionable insights that are easy to understand, thereby significantly reducing their workload. The system effectively highlights items that need attention and presents them in a visual format, allowing planners to make quick decisions regarding reorder points. Additionally, the transition of purchasing needs from planners to buyers is executed smoothly, which enhances operational efficiency. ION also takes into account various critical factors such as minimum order quantities (MOQ), lead times, package sizes, and existing backlogs in the supply chain. By equipping buyers with all relevant data, it empowers them to make informed decisions effectively. This holistic methodology not only simplifies processes but also boosts the overall effectiveness of inventory management while ensuring that businesses can respond promptly to market changes. In an ever-evolving business landscape, having such a robust inventory management system is invaluable for maintaining a competitive edge.

Media

Media

Integrations Supported

Microsoft Dynamics GP
Oracle Fusion Cloud ERP
SAP ERP
SYSPRO ERP
Visibility ERP

Integrations Supported

Microsoft Dynamics GP
Oracle Fusion Cloud ERP
SAP ERP
SYSPRO ERP
Visibility ERP

API Availability

Has API

API Availability

Has API

Pricing Information

$450 per month
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
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

FlowVision

Date Founded

1998

Company Location

United States

Company Website

flowvision.com/what-we-do/software/ion-inventory-optimization-network/

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

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

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