
3 Tips for Reducing Inventory in the Thick of High Inflation
Inflation and price increases have been steadily rising due to the War in Ukraine, labor cost increases, international supply chains problems, and a host of
ConverSight.ai provides manufacturing companies with an actionable control tower to track inventory, accurately forecast for the future, and improve operational agility and resilience – all with the power of AI.
Automation and Recommendations
Demand Planning
Critical Parts Tracking
Now more than ever, manufacturers are faced with excess inventory and back orders, poor supplier OTD, inaccurate demand signals, and a lack of tools and capabilities to overcome these challenges. ConverSight.ai delivers personalized and contextualized insights that are critical to achieve end-to-end visibility and real-time data on sales, inventory and distribution.
Real-time visibility to identify top performing products, items sold together and promotion opportunities.
Empower every decision maker in your organization with real-time analytics, reports and dashboards that update instantly as your business changes by the second.
AI-powered recommendations and instant alerts notify decision makers about low inventory, bottlenecks and anomalies as they occur, so your next move is the right one.
Receive proactive insights and advanced analytics on data that impacts other areas of your business -- delivered any way you want it.
Maintain the right amount of inventory to meet customer demand without incurring shortages or wasting capital on producing and storing surplus inventory.
Get need-to-know insights and alerts on mission critical parts to remove disturbances in product planning and improve on-time delivery.
An eagle eye view of your businesses alerts you to abnormally high or low levels of inventory, costs, or movements. Select insights to share with your team and move the action closer to a resolution.
Make sense of your inventory data by replacing distributed processes, disconnected systems and manual reporting with ConverSight.ai’s AI-powered decision intelligence solution. Gain access to countless data sets and systems from a single search bar – it’s never been easier.
Inflation and price increases have been steadily rising due to the War in Ukraine, labor cost increases, international supply chains problems, and a host of
Businesses collect mass amounts of data from different data sources, with different data storing mechanisms, processes and teams to manage. According to recent research, 80%
The first edition in our series on implementing AI into your business focuses on adopting cloud storage and computing technologies, and the potential the cloud
Mitigate the risk of stockouts caused by uncertainties in supply and demand. ConverSight.ai helps manufacturers built resilience to navigate changes in supply and demand so inventory is kept at the right place and right level.
Keep up with reduced cycle times
Derive optimal safety stock and re-order points so your customers stay stocked.
Replenishment management
Ensure your business maintains robust omnichannel offerings to efficiently fill growing online orders.
Identify inventory opportunities
Stay attune to slow-moving and non-moving inventory to reduce stock-outs and excess inventory.
Validated and on-target inventory forecasting
Generate dynamic demand and supply forecast. Automate the procurement process to maintain optimal inventory.
Empower sales teams
Gain real-time access to individual and team sales performance, including recommended next steps, inventory availability and automated order creation.
Experience the power of Athena to transform your business with data analytics for all — anytime, anywhere.
Contextual decision intelligence for
supply chain optimization.
© 2021 ConverSight.ai.
For more information, contact info@conversight.ai.