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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.
Description
TranslytiX SaaS is a ready to use software solution that caters to all supply chain needs for an organization, including Demand Forecasting, Inventory Optimization and Supply Chain Diagnostics.
It offers a Demand Forecasting module.
• Fully automated forecasting engines.
• Improved forecast accuracy of 5-12% on average
• Includes exception planning for forecasts with insufficient precision.
• Provides a forecast override function.
• Allows for external inputs such as bottom-up predictions and seasonal spikes/drops
It offers:
• Comprehensive inventory visibility - excess, shortage, control
• Accurate inventory forecasts for future planning
• Inventory Risk Assessment: A Proactive Approach
* MTO/MTS SKU categorization guidance
• Supplier performance monitoring to optimize
• Actionable recommendations
• Root Cause Analysis that is easy to use
The product is like a Digital Brain on top of your Data System, delivering insights
API Access
Has API
API Access
Has API
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Integrations
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Integrations
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Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$600/user/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
Thrive Technologies
Founded
2001
Country
United States
Website
thrivetech.com
Vendor Details
Company Name
Translytics
Founded
2021
Country
India
Website
www.translytics.io