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Description
Ensure your top-selling items remain in high demand by maintaining adequate inventory levels that align with customer needs. Free up cash that’s locked in slow-moving or excess stock so you can reinvest in your leading merchandise. Monitor precisely what you need to restock and the optimal timing for reorders, taking into account critical aspects like lead times, out-of-stock durations, seasonality, and more. By having a consolidated overview of all your sales platforms and inventory sites, you can ensure the timely replenishment of the necessary products, no matter where your business operates. Utilize seasonal forecasting techniques for enhanced accuracy in predicting the demand for your seasonal offerings. For products with consistent monthly sales, adopt non-seasonal forecasting and customize your timeframe to analyze sales patterns effectively. Leverage historical stockout data to improve demand predictions, as this method calculates forecasts based on item availability, disregarding periods of unavailability. By implementing these strategies, you can optimize your inventory management and significantly boost your sales performance.
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.
API Access
Has API
API Access
Has API
Pricing Details
$99 per month
Free Trial
Free Version
Pricing Details
€49 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
Inventory Planner by Sage
Founded
2014
Country
France
Website
inventory-planner.com
Vendor Details
Company Name
KG Intelligence
Founded
2020
Country
Bulgaria
Website
mlmargin.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
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