Date: 10.01.2025 Retail Meets AI:
Picture this: a retailer runs out of its top-selling product right before the holiday rush, leaving shelves empty and customers frustrated. On the other side of the globe, a manufacturer struggles with excess inventory piling up due to unexpected shipping delays. These real-world supply chain nightmares highlight the critical need for stock optimization—a strategy that keeps businesses agile, profitable, and ready for anything.
Date: 07.01.2025 The Supply Chainer:
In many companies, inventory is often managed with a single, complex Excel sheet—an approach that only a few employees fully understand. This reliance on spreadsheets can create significant challenges, especially when it comes to optimizing stock levels, forecasting demand, and ensuring timely deliveries. Inventory management is crucial for streamlining operations, minimizing excess stock, and ensuring product availability, but managing it manually with Excel makes the process prone to inefficiencies and costly mistakes.