Streamline Operations with Smart Inventory
Managing inventory efficiently is critical for businesses to control costs and operate smoothly. However, manual inventory systems using spreadsheets or pen-and-paper tracking can be time-consuming, prone to human error, and create lags between physical inventory counts and recorded data.
That’s why Smart Inventory was created – to automate and optimize inventory management. Smart Inventory is an AI-powered inventory tracking platform that provides businesses with real-time visibility into inventory levels and intelligent insights.
Key features and benefits of Smart Inventory:
– Automated tracking using barcodes, RFID tags, IoT sensors or computer vision. Products are scanned and tracked hands-free.
– Dashboards and reports provide real-time insight into inventory by location, product, SKU, and more. Easily track inventory value, turnover, and analytics.
– Intelligent forecasting and optimization predicts inventory needs and reduces stock-outs. Machine learning algorithms improve forecasts over time.
– Integration with ecommerce, ordering, fulfillment, and accounting software syncs inventory data across all systems.
– Mobile optimization allows inventory tracking and management on-the-go via smartphone or tablet. Access data offline.
With Smart Inventory, businesses save time, reduce inventory costs, avoid stock-outs, and optimize operations. The powerful AI eliminates guesswork and manual efforts. Contact us today for a demo of Smart Inventory and complete visibility of your stock.
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Our Success [JOURNEY] We Can Provide.
Here are some example success story sentences for Decathlon, Neolock, and Laneige:
Decathlon
- After implementing Smart Inventory, Decathlon reduced its out-of-stock rate by 5% and improved inventory turnover by 20%. The real-time visibility allowed store managers to optimize stock levels.
- By tracking inventory through automated barcode scanning, Decathlon was able to reduce time spent on manual counts by 50 hours per week per store. Employees could focus on serving customers.
- With forecasting algorithms, Decathlon decreased excess inventory by 30% over 6 months. Smart forecasts ensured they stocked the right products to meet customer demand.
Neolock
- Neolock leveraged Smart Inventory’s integration with Shopify to sync inventory across its online store and retail locations. This unified approach led to a 10% increase in online conversion rates.
- Smart Inventory’s mobile app allowed Neolock’s warehouse employees to update inventory records in real-time as orders were fulfilled. This kept data accurate across the organization.
- By implementing automated replenishment triggered by Smart Inventory, Neolock was able to improve first-time fulfillment accuracy by 15%. Customers received complete orders.
Laneige
- Laneige paired in-store IoT sensors from Smart Inventory with their checkout scanners to gain a real-time omnichannel view of inventory. This helped increase sales by 8%.
- With computer vision tracking through Smart Inventory, Laneige reduced time spent on inventory counts from 4 hours to just 30 minutes per store.
- Smart Inventory’s forecasting algorithms helped Laneige optimize stock for their new product launch by predicting demand within 5% of actual first month sales.b