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Description
Sales forecasting can be enhanced through the use of machine learning algorithms that analyze various elements such as Seasonal Sales, Recurring Sales, Missed Sales, Related Sales, Marketing Promotions, Trend Impact, Abnormal Demand, and No Demand Cleanup. This process involves the automatic ranking of products at each outlet based on criteria like turnover, margin, and service level, facilitating a more strategic approach to inventory management. Additionally, it calculates the optimal safety stock levels for each product at each outlet to ensure sufficient supplies while minimizing excess. By determining the ideal reserve levels, resources can be utilized more effectively, leading to cost savings and improved efficiency. The system also assesses replenishment needs for all products across outlets and transit warehouses, generating comprehensive reports on product availability and liquidity. Important events trigger email notifications, ensuring relevant stakeholders stay informed. Furthermore, the system provides actionable recommendations for fulfilling calculated needs throughout the supply chain, while accounting for constraints such as priority, financial limits, service levels, and delivery methods. Automatically, it creates Supply and Sales Plans alongside Replenishment and Transfer Orders, streamlining operations and enhancing overall supply chain performance. Ultimately, this approach not only boosts operational efficiency but also improves decision-making processes across the board.
Description
We are a cutting-edge machine learning platform designed to facilitate essential decision-making within retail and Ecommerce supply chains. Our goal is to make artificial intelligence accessible to everyone. Catering to Ecommerce and retail businesses of any scale, we offer an innovative AI supply chain platform that brings the sophisticated AI tools typically reserved for Fortune 100 companies to the broader market. Our offerings include AI Forecasting, Supply Chain Simulation & Optimization, Replenishment Optimization, and What-If Analysis through Simulation. At the core of our pioneering AI Demand Forecasting Platform lies a custom AutoML management system, ensuring that each product is paired with its own unique forecasting algorithm that is consistently evaluated against performance metrics. Additionally, the Remi AI Platform features standardized Simulations for Promotion Optimization and Replenishment Orders within specified budgets, while also providing tailored Simulations that leverage your specific data streams for enhanced insights. This comprehensive approach empowers businesses to optimize their supply chain processes efficiently and effectively.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
$450 per month
Free Trial
Free Version
Pricing Details
$45 per month
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
Mycroft Assistant
Founded
2014
Country
United States
Website
mycroft2b.com
Vendor Details
Company Name
Remi AI
Founded
2014
Country
Australia
Website
www.remi.ai
Product 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
Product Features
Automatic Replenishment Systems
Counting by Exception
Customer Management
Financial Management
Inventory Management
Nice Shelf Stocks
On-order Information
Sales Anticipation
Store Order Leveling
Zero Turnover Checks
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
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
Pricing Optimization
Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning