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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
The proprietary Valogix model enhances the efficiency of inventory planning by taking into account unpredictable factors such as item demand and service level objectives on an individual basis, ensuring that no detail is overlooked. Valogix delivers cutting-edge planning solutions tailored to your preferences, designed for optimal performance and user-friendliness. Experience the revolutionary forecasting and planning software that will transform your inventory management practices forever. Our focus on optimizing future requirements is paramount, and the software notifies you of any issues that require your attention. By implementing these strategies, you can significantly reduce costs and enhance service levels, with inventory reductions exceeding 20% being possible. The system rapidly pinpoints items that are currently or may soon be in short supply to fulfill demand, generating a list of products that require replenishment, including options to Buy, Make, or Transfer. Effortlessly forecast for up to 36 months, as the process adeptly manages slow-moving, random, and highly seasonal items. Additionally, it provides insights into the specific model selected for your inventory needs, ensuring you understand the foundations of your planning decisions. With Valogix, you're equipped to navigate the complexities of inventory management with confidence.
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
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
Valogix
Founded
2001
Country
United States
Website
valogix.com/valogix-innovative-products-are-easy-powerful-to-use/valogix-inventory-planner-a-scm-solution-for-inventory-optimization/
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