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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 MLmargin?

Enhance your inventory management with MLmargin, an AI-driven software that eliminates uncertainty in Supply Chain Management by offering insights on demand forecasting and replenishment strategies. By utilizing MLmargin, you can minimize occurrences of stock-outs and excess inventory. The software operates through two primary models: the first focuses on demand forecasting, where machine learning algorithms analyze your sales data to accurately predict daily, weekly, and monthly demand for each SKU. The second model concentrates on optimizing purchasing decisions by integrating demand predictions, storage costs, and sales prices, facilitating ideal replenishment strategies. Additionally, the system provides decision support to guarantee that the appropriate quantity of each item is ordered. As a result, you’ll experience a significant reduction in inventory-related inefficiencies, improved delivery speeds, and heightened customer satisfaction, all of which contribute to a more streamlined operational process.

Media

Media

Integrations Supported

Shopify

Integrations Supported

Shopify

API Availability

Has API

API Availability

Has API

Pricing Information

$450 per month
Free Trial Offered?
Free Version

Pricing Information

€49 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

KG Intelligence

Date Founded

2020

Company Location

Bulgaria

Company Website

mlmargin.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

Demand Planning

Capacity Planning
Data Visualization
Historical Reporting
Inventory Optimization
Planned vs Actual Tracking
Product Introduction Planning
Promotions Management
Replenishment Management
Sales Forecasting
Supply Forecasting

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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