AI inventory management is based on algorithms that constantly learn by using information about data flows, supply dynamics, and other relevant internal and external factors to ensure proper stock levels; in other words, not excess, not shortage, but appropriate for real consumption.
With the use of AI, companies can work with an enormous amount of data that would be impossible to analyze manually. AI analyses all the necessary factors and suggests forecasts, safety stocks, and order sizes. However, what should be emphasized here is that with the help of AI, a company does not eliminate uncertainties. Instead, it minimizes them and helps see and respond to them.
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💬How much more can you earn managing inventory with StockM system?
💬How much labor costs can be reduced by managing inventory with the system?
💬 Will the implemented system pay off and when?
💬 How much working capital can we release without buying surplus?
💬 Other questions? Read more…
NEW FEATURE FOR OUR CLIENTS: client can access additional data for their specific reporting needs via StockM API
StockM API connect. Over the years, we have noticed that customers need to get more data from the StockM inventory and assortment management system into their ERP. This is data generated and available only in the StockM system. To help our clients achieve other important goals, we provide access to StockM data through an API connection that allows clients to access the data they need from the StockM system and generate their own specific reports, analyse information and make decisions. Read more…
The StockM system is a solution for effective inventory management in the long-term perspective of the company
The past few years have been challenging, bringing a lot of instability and uncertainty. Almost everyone, including companies, has faced more or less difficulties. On the one hand, we have made sure that we can be more flexible and creative in solving problems. On the other hand, we remembered that today we cannot “sleep” because we do not know what will happen tomorrow. Therefore, we must be one step ahead and prepare for what we can prepare for and control what is in our sphere of influence. Read more…
The StockM system is user-friendly, convenient and transparent. Why is it important?
The implementation of a stock and assortment management system in a company is an important and responsible decision, which often requires a lot of time and effort from managers to meet the company’s expectations and achieve its goals. On the one hand, system implementation is often a prerequisite for further successful work and planning for the future, on the other hand, it is an example of an innovative company that wants to use successful IT solutions. Read more…
Full training of employees to work with the system
Implementation of a new inventory and assortment management system in the company. Implementing a new system is almost always a challenge for the company, for the normal work rhythm of employees. As the implementation of IT systems usually takes a long time, it requires the involvement of the company’s employees, training, and transition time when working with the new system. Read more…
