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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

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

StockM is a sophisticated inventory management solution designed to ensure that products are optimally positioned and available precisely when needed, minimizing excess stock and reducing incidents of stockouts. Utilizing dynamic buffer management (DBM) in conjunction with the Theory of Constraints, it adapts stock levels in real-time according to actual demand and lead times, rather than relying solely on predictive forecasts. This system is perfect for manufacturers, wholesalers, and retail chains looking to enhance their replenishment processes, decrease working capital, and provide planners with clear daily priorities to streamline operations. By integrating these innovative approaches, StockM empowers businesses to operate more efficiently and responsively in a competitive market.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

No images available

Integrations

No details available.

Integrations

No details available.

Pricing Details

$450 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

Mycroft Assistant

Founded

2014

Country

United States

Website

mycroft2b.com

Vendor Details

Company Name

StockM

Founded

2008

Country

Lithuania

Website

www.stockm.eu/

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

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

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