Mycroft Business Solutions is a provider of supply chain management (SCM) solutions that offer a standalone inventory management solution called Mycroft Assistant. The solution includes supply chain planning, demand planning, vendor managed inventory, supplier management and procurement applications.
Aimed at small to midsize business, Mycroft Assistant analyzes historical sales data and current inventory levels in order to automate replenishments and determine where replenishment orders should be shipped. Mycroft Assistant can also forecast demand and calculate inventory levels for specific SKUs, and integrates with ERP, CRM, accounting and e-commerce solutions via its API. The solution also offers reporting and analytics tools to help managers track and report inventory levels.
Mycroft Assistant is a cloud-based offering that is licensed on a monthly basis. License fees are determined according to the number of sites (warehouses, shops etc.) that will be managed by the solution. Mycroft Business Solutions also offers on-premise deployment.