Overview
Dynamic Inventory applies AI models to inventory, sales and product data from across your business. Using AI demand forecasting and safety stock models, it generates optimised minimum and maximum stock levels for every product at every location across your network. This ensures you have the right products, in the right place, at the right time. Implementing Dynamic Inventory has significant benefits. Businesses see, on average, 2% improvement in availability and 20% reduction in stock, in addition to improved forecast accuracy, better service-levels and increased cost-effectiveness. It empowers businesses to stay agile in a rapidly changing market, ensuring they can meet customer demands promptly and minimize the risk of overstock or stockouts. Dynamic Inventory is built on Peak, an AI platform built to drive growth, profit and efficiency, which will integrate directly with your current tech stack. Peak augments your current data with AI-powered predictions to reduce variability in both demand and supply; ensuring that your stock across multiple locations is optimal for any given capacity or business objective.
Highlights
- Maximize margins, while avoiding stockouts, wastage and unnecessary costs across your entire distribution center network with optimised safety stock levels across your network.
- Balance inventory and service levels, ensuring optimal stock holding without compromising on KPIs like OTIF and availability.
- Connect multiple users across your entire supply chain organization, including Supply Chain Managers, Demand Planners, Supply Planners, Supply Chain Analysts and more.
Details
Pricing
Dimension | Description | Cost/12 months |
---|---|---|
Enterprise | All orders are custom, please contact AWSMarketplace@peak.ai | $250,000.00 |
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We offer three levels of support to customers. Details for these support tiers can be found here. To get in touch for more information, please contact partnerships@peak.ai
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