Work with innovative modules based on artificial intelligence in Cloud ERP.
Application AI platform - stock prediction is artificial intelligence which stands above by all software’s that you use across the whole of the company. It focuses on forecasting, reporting and analysis of stock levels, which can be evaluated from several viewing angles. For example, by warehouses, locations, or type of products. Based on the obtained results, it gives recommendations on the next procedure. With an artificial one intelligence the risk of errors and inaccuracies disappears.
Thanks to application on the prediction stock supplies you will have got your inventory available at any time without unnecessarily tying up capital or storage space, because efficient purchasing and storage has a decisive impact on the company's profitability.
Intelligent warehouse optimization
in the AI platform analyzes your current stock and, on this basis, calculates and displays information on product validity, stock forecast, average purchase price, and orders that have not yet been shipped, in addition to the analyzes listed below.
By linking to Google Categorization, the platform allows you to compare your sales items against sales of items in the same category around the world. At the same time, this information helps to create predictions at the global level and can thus determine the trend of sales in the local market.
A useful way to categorize the value of inventory items based on their importance to the business. Using ABC analysis, inventory managers easily sort individual items based on demand, cost data, or risk. "A" grade items are most important, "B" items are next in order, and "C" items are less important. If necessary, products can be sorted into more than just these three groups (for example, AF).
The classification of inventory items according to the variability of their demand or derived or predicted consumption is an effective tool for proper planning of both material requirements and inventory levels. This analysis helps you avoid waste, production delays or excessive inventory levels.
The analysis expresses the ratio of inventory to sales, measuring the amount of inventory in your store compared to the number of sales you make. A KPI (key performance indicator) is an important indicator of your store's inventory management and helps you adjust your inventory to maintain high margins.
Thanks to the analysis of stocks on the road, or the so-called The " pipeline " of inventory, which is a key area of inventory management, you will always have an up-to-date overview of inventory that has already been sent to the seller, but has not yet arrived at the buyer's destination.
Reorder point (ROP) function , your inventory will never fall below a critical level. As soon as the application identifies the minimum amount of stock, ROP starts an action to replenish the specific stock, which is automatically reordered.
It acts as buffer stock in case sales are higher than planned or the supplier is unable to deliver additional units at the expected time. A correctly set level of additional stocks eliminates the risk of stockouts (lack of raw materials or packaging) caused by uncertainty in supply and demand.
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