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Description
Increase your revenue while minimizing your inventory levels. Experience the advantages of a data-driven, automated inventory management system that streamlines your supply chain and helps you avoid excess stock and lost sales. Key features include seamless inventory oversight that ensures you never miss a sale by keeping the right products in stock. Enhance your inventory strategy with data-supported purchasing recommendations, allowing for better cash flow management and lower warehousing expenses. Optiply assesses which items are crucial for your operations and identifies those that can be scaled back. Users typically report an 80% reduction in time spent on conventional purchasing activities, thanks to automated suggestions and supplier communications. Refine your purchasing procedures efficiently. While many inventory management tools provide insights on product locations and sales data, they often lack the ability to offer data-driven recommendations on optimal stock levels. By integrating advanced analytics, you can elevate your inventory practices to drive significant business growth.
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
No images available
Integrations
No details available.
Integrations
No details available.
Pricing Details
$299 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
Optiply
Founded
2015
Country
Netherlands
Website
optiply.nl/
Vendor Details
Company Name
Thrive Technologies
Founded
2001
Country
United States
Website
thrivetech.com
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