How AI Will Revolutionize Inventory Management
“Walmart watches the weather to decide what food is going to sell better. Predictions powered an 18 percent increase in sales by having more steaks in stock when it’s warm, dry, cloudy and windy, and beefing up burgers when it’s hotter and less windy. High temperatures with a light breeze sell more salads; clear sunny days sell more berries. But you don’t have to be a retail giant to use AI to improve your supply chain.”
Inventory management is hard enough without factoring in human error. We all like to think we’re infallible, but the truth is that we could all use some help. Automation is the key to efficiency as well as elevating your business to the next level.