ThroughPut.AI Releases New Inventory Management Capabilities to further Increase Revenues, Optimize Costs, Boost Profitability, grow Customer Satisfaction, and Advance Market Competitiveness
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Comunicato Successivo
The current release enables businesses to minimize the risk of overstocking and stockouts by leveraging AI insights offered by inventory projection, predictions and recommendations for the near, short, and mid-term. Businesses can now automate and optimize their inventory planning processes across their end-to-end supply chain networks, allowing them to prioritize resources more strategically for stronger market competitiveness.
"ThroughPut.AI's latest stock management capabilities provide businesses with fully transparent visibility and actionability into their current and future demand, existing inventory levels, and replenishment and carrying cost improvement opportunities," said Seth Page, Chief Operations Officer and Head of Strategic Partnerships and Corporate Development at ThroughPut.AI. "By leveraging real-time demand and lead time changes, ThroughPut.AI delivers more accurate order recommendations while rebalancing stock levels between locations that result in reduced working capital and carrying costs. Thus businesses can clearly compare the current dollar impact of conventional operational decisions versus those of ThroughPut.AI's AI-driven recommendations. This empowers companies to accurately and dynamically balance stock to always ensure demand fulfillment, while maximizing inventory ROI across locations, product lines, and distribution channels."
With ThroughPut's latest release, demand planners, inventory managers, and supply chain executives can optimize stock movement as well as end-to-end supply chain management, right from accepting and prioritizing orders to fulfilling them – all at the least cost and risk.
The latest release expands the ThroughPut.AI platform with the following new capabilities:
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About ThroughPut.ai
ThroughPut.ai is a Silicon Valley-based supply chain optimization & predictive replenishment company. The company's software AI platform has the ability to identify location-, product-, and customer-based demand changes sooner in order to adjust order frequencies, vendor sources, and parts buffer levels at a global and local scale. ThroughPut's platform was designed by Fortune 500 & technology executives with real-world experience managing demand & supply chain disruptions and war-zone logistics across the Middle East.
To learn more about ThroughPut Inc, visit our website today.
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