5 AI projects that will revolutionize the supply chain!
The Slimstock Research Centre is constantly pushing the boundaries of inventory management. As excitement around AI & machine learning grows, our team of experts are actively researching how this technology can be applied to overcome the supply chain challenges business faces today!
AI project 1: Forecasting demand for new products
New products are notoriously difficult to plan for. Our team of researchers are exploring how machine learning can be utilized to remove the uncertainty and risk from new product launches. Through applying machine learning algorithms with advanced configuration, AI-based systems will cluster demand history from multiple products to identify and anticipate trends in demand. This, in turn, will enable the system to predict the volume of demand.
The result: supply chain teams will be able to build robust forecasts for new products far quicker than any existing tool available today!
Stay tuned or contact me for the for more information