DATA IMPORT TO OUR SYSTEM

The data necessary for the proper operation of the application is downloaded in a predetermined format. Data is imported via flat files:

Files imported by SMARTSTOCK are divided into two types:

  • Files with master data, imported at the start of using the service, updated as needed, i.e. in case of changes. Sample master data: unique product number, product name, unique supplier number, supplier name, unique location number, location name, logistics constraints, calendars, etc.
  • Files with data read in a fixed frequency, e.g. weekly or monthly. Sample data are sales history, current stock levels, goods in transit, etc.

 

CALCULATIONS AND DATA PRESENTATION

After data is imported into the software, SMARTSTOCK calculates forecasts, and then generates purchase recommendations using Machine Learning algorithms. The projection of inventory over time and the estimated risk of overstock and and lost sales are also analyzed.

The client gains access to the results of the software calculations by logging in to his/her account. SMARTSTOCK offers an easy interface that allows you to view the outcome.
 

DATA EXPORT TO YOUR ERP SYSTEM

Recommendations as well as forecasts can be exported by the client and then imported into the ERP system. Data import into ERP systems is not covered by the subscription service.

  
  

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Demand forecasting and inventory optimization in 3 easy steps

SMARTSTOCK is a cloud-based service that calculate demand and optimal purchase recommendations based on the data provided. The operation of the application can be illustrated in 3 simple steps: data import, results analysis, export of recommendations and forecasts.  

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Export recommendations and forecasts, and then import them into your ERP system.

Step 3 - Data Export

Log in to our application and review the results as well as analyzes prepared for you.

Step 2 - Results Analysis

Prepare your data for import and send them to our software.

Step 1 - Data Import

If you would like to learn more, please contact us.

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