By leveraging predictive analytics and proactive planning, businesses can optimise their inventory levels, reduce costs and enhance their market responsiveness.
FMCG and retail reinvention: AI's precision reshapes inventory, synchronising supply with fluid demand dynamics.A standout feature of an advanced AI-driven system is scenario planning.
"Investing in artificial intelligence and machine learning allows top performing supply chain organisations to optimise their processes at more than twice the rate of low performing peers," notes Gartner. This insight sets the stage for understanding the pivotal role of AI in revolutionising inventory management within the fast-moving consumer goods and retail sector.
Retail Inventory AI Optimisation Predictive Analytics Proactive Planning Hennie Fouche Truenorth Group Machine Learning AI Algorithms
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