We use predictive models to optimise inventory levels by considering factors such as lead time, demand variability, and storage costs.
This way, our we can help your company avoid excess inventory, reduce carrying costs, and ensure timely restocking.
Predictive analytics, using machine learning algorithms, provides a deeper understanding and better accuracy of part usage and production capacity, enabling to manage inventory effectively.
Benefits
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- Optimise production parts’ management
- Ensure optimal inventory levels (reduce overstocking and avoid stockouts)
- Create an optimised warehouse work plan
- Get insight into the inventory-to-sales ratio
- Predict gross margin for current warehouse supply
We mostly use Inventory Management in the following industries:
