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What is Thermostock?

Thermostock effortlessly connects with all ERP systems, automatically identifying and enhancing low-volume SKUs, which enables procurement teams to focus on items with consistent demand, particularly categories A and B. The process of SKU rationalization becomes easier through automation, as Thermostock assesses recent sales data for all SKUs in stock, marking those that have not sold in the last year as either nonstock or special orders, thus effectively curbing unnecessary purchases and minimizing dead stock. You can set inventory policies that reflect your unique goals, guaranteeing that your inventory management strategies are specifically designed to achieve your objectives. Additionally, Thermostock automates the determination of optimal Min/Max levels by scrutinizing the latest sales trends for each SKU and integrating those suggestions back into your ERP system. To combat overstocking challenges, Thermostock recommends a monthly review of surplus low-volume items, redistributing them to areas where demand still exists. By leveraging AI, Thermostock consistently evolves and fine-tunes its recommendations, ensuring that your inventory optimization strategies stay relevant amidst fluctuating sales patterns and market conditions. Consequently, businesses can benefit from improved efficiency and lower expenses, leading to a more streamlined supply chain and enhanced operational success. This innovative approach not only maximizes resource utilization but also fosters a proactive inventory management environment that can adapt to future challenges.

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

No images available

Media

Integrations Supported

Integrations Supported

Shopify

API Availability

API Availability

Has API

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

€49 per month
Price depends on number of SKUs. Starting price is for customers with up to 1000 SKUs.
Free Trial Offered?

Supported Platforms

SaaS
Windows
Mac
Chromebook

Supported Platforms

SaaS

Customer Service / Support

Not specified

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Online Training

Company Facts

Organization Name

Thrive Technologies

Date Founded

2001

Company Location

United States

Company Website

thrivetech.com

Company Facts

Organization Name

KG Intelligence

Date Founded

2020

Company Location

Bulgaria

Company Website

mlmargin.com

Categories and Features

Supply Chain Planning

Not specified

Categories and Features

Demand Planning

Capacity Planning
Data Visualization
Inventory Optimization
Planned vs Actual Tracking
Replenishment Management
Sales Forecasting
Supply Forecasting

Supply Chain Management

Demand Planning
Import / Export Management
Inventory Management
Order Fulfillment
Order Management
Sales & Operations Planning
Supplier Management
Transportation Management
Warehouse Management

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