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InventoryAI+
A multi-echelon inventory optimization (MEIO) software that uses AI to optimize supply and demand planning.
Product Overview
Inventory AI+, formerly Logility Inventory Optimization, is an AI-driven software. This allows for strategic inventory management, moving beyond traditional safety stock models. Key features include performing advanced ‘what-if’ scenario analyses, segmenting inventory based on various attributes, and providing real-time visibility into stock levels.Pros
- AI and advanced analytics drive planning and optimization
- Designed for multi-echelon inventory optimization (MEIO)
- SaaS based platform
- Variety of different Scenario Analysis models
Cons
- Longer implementation than predicted
- No report customization
- BI tool can take a significant amount of time to load
Target Market
Larger companies, particularly those in manufacturing industries, as it handles complex supply chains.About InventoryAI+
InventoryAI+ software is designed for multi-echelon inventory optimization (MEIO). This solution controls all stages and locations of the supply chain network to reduce carrying costs. Users can evaluate “what-if” scenarios to implement better cost and service alternatives.
InventoryAI+ Key Features
- Synchronize inventory goals
- Automate inventory policy updates and changes
- Optimize a multi-echelon supply chain
- Categorize types of inventory (Finished, WIP, Component, Raw)
- Gain new insights on inventory form and function and analyze partner inventory
- Determine ideal stocking locations
- Calculate the size of inventory buffers
- Create inventory policies on algorithmic optimization and machine learning results
Video Overview
User Reviews of InventoryAI+
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