MLmargin

By MLmargin

Onetime(Perpetual License)

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MLmargin is a cutting-edge technology that automates Supply Chain Management by anticipating demand and recommending replenishment. It reduces stock-outs and optimises prices, which increases profit by automating the supply chain and initiating customer satisfaction. For demand forecasting, MLmargin uses machine learning models to provide weekly or monthly demand predictions for each SKU. Furthermore, dedicated optimisation models combine the demand forecast, storage costs, lead times, and sales price for a perfect replenishment decision. Moreover, MLmargin’s optimisation models also combine the sales margin, macroeconomic indicators, demand forecast, and price elasticity for a perfect pricing decision. A REST API is given to provide a smooth data flow and user experience. MLmargin employs probabilistic optimisation methods that are fueled by reinforcement learning. Reinforcement learning is a common Artificial Intelligence approach that teaches machine learning models to make a large number of decisions in an uncertain environment and reach the best possible result.