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Stock Replenishment
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Stock Replenishment is a solution that uses AI to help retailers manage and optimize their inventory and supply chain. It dynamically adjusts the item reorder and stock replenishment points, based on various factors, such as lead times, historical data, seasonal-based sales demand, market macro data, current stock levels, patterns in demand change, weather trends, social media data and number of days’ supply to stock. This service ensures the right stock is on the shelves at the right time, keeping inventory holding costs low and customers happy.

Benefits
  • Ensures availability of the stocks at the store & better commercial decisions which leads to reduced process costs. 
  • Automated process in identifying the stocks when they fall below the set levels 
  • It helps in enhancing business which might impact due to non-availability of stocks 
  • It also provides the demanded stock, which can leads to future trading 
  • Helps in the efficient management of godown space with demanded products only 
  • Saves the money in investing non-moving items. Lower stock levels and improved inventory turnover. 
  • Higher service levels
Implementations
  • Grocery stores /Malls 
  • Pharmaceutical stores / Medical Stores 
  • Engineering sections / Manufacturing shop floors (eg. Tractor/Truck/Car Manufacturing plants) 
  • Collage Libraries etc.,