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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Optimize your inventory. MLmargin, an AI-powered software that optimizes your inventory, takes the guesswork out Supply Chain Management by providing demand forecasting information and replenishment recommendations. MLmargin will help reduce stock-outs, and over-stocks. It works with two models: 1. Demand forecasting: Machine learning models use your sales data to predict daily, weekly, and monthly demand for each SKU. 2nd: Purchasing optimization. Optimization models combine the demand forecast, storage cost, and sales price to make a perfect replenishment decision. Decision support will be provided to ensure that each item is ordered in the correct quantity. You will be able to reduce inventory inefficiencies, deliver faster, and increase customer satisfaction.

Description

Thermostock seamlessly integrates with all ERP systems, automatically pinpointing and optimizing low-volume SKUs, which allows procurement teams to prioritize items with predictable demand, such as A and B categories. SKU rationalization is simplified through automation, as Thermostock reviews recent sales data for all stocked SKUs and flags those that haven't sold in the past year as nonstock or special orders, effectively preventing unnecessary purchases and reducing dead stock. You have the ability to establish inventory policies that align with your specific objectives, ensuring that your inventory management practices are tailored to meet your goals. Furthermore, Thermostock automates the calculation of optimal Min/Max levels by analyzing the most recent sales characteristics for each SKU and feeding those recommendations back into your ERP system. To address overstocking issues, Thermostock suggests a monthly reassessment of low-volume items that are in surplus, redistributing them to locations where they are still in demand. By harnessing the power of AI, Thermostock continuously adapts and refines its recommendations, ensuring that your inventory optimization remains effective even amid changing sales trends and market dynamics. As a result, businesses can enjoy enhanced efficiency and reduced costs, ultimately contributing to a more streamlined supply chain.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

No images available

Integrations

Shopify

Integrations

Shopify

Pricing Details

€49 per month
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

KG Intelligence

Founded

2020

Country

Bulgaria

Website

mlmargin.com

Vendor Details

Company Name

Thrive Technologies

Founded

2001

Country

United States

Website

thrivetech.com

Product 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

Product Features

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