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Inventory LogIQ: AI-enabled inventory planning for multi-channel consumer brands

A planning copilot that surfaces SKU level insights to prevent stock-outs and reduce excess inventory

Harsh Vaidya
WareIQ
 
https://www.wareiq.com/
#b2b#supply_chain#warehouse_management_tech

https://inventorylogiq.com/

PROBLEM

Modern consumer brands that are not able to utilize their inventory well due to uncertainties of multi-channel demand and procurement lead times are at the verge of bankruptcy:

  1. Excess inventory eating into bottom-line due to high holding cost
  2. Revenue losses due to Frequent stock-outs caused by uncertainties in demand, and procurement lead times
  3. Unoptimized placement of inventory leading to slow shipping speed, and high last-mile costs

SOLUTION

Inventory LogIQ uses AI to dynamically segment SKUs to determine their right placement location, and factors in uncertainties of demand and procurement to automate:

  • Liquidation Plan: Quickly identify slow-selling items that contribute to inventory bloat, resulting in high inventory holding costs and inflated operational expenses. By optimizing the inventory levels of these items, our tool helps brands reduce excess inventory and increase profitability

  • Replenishment Plan: Our tool proactively identifies fast-selling items at risk of stock-outs, preventing lost sales opportunities and ensuring a seamless customer experience

  • Network Optimization Plan: Our solution enables brands to strategically store the right products at the right locations, in the right quantities. By aligning inventory with demand centers and customers' geographical locations, our tool minimizes shipping timeframes and costs, leading to improved customer satisfaction and loyalty.

DEMO

InventoryLogIQ demo

WHY US

  • Team led by Supply Chain & Data Science experts from companies like Pitney Bowes, Walmart & Delhivery with experience of managing $20 BN+ annual GMV
  • Model trained on 500+ brands across verticals and market segments
  • Integration support across all major ERPs, D2C stack, Accounting softwares

ASKS

  • If you are interested or have any feedback to share, please write to me at harsh@wareiq.com
  • I would appreciate introduction to any ecommerce/retail brand looking to solve their excess inventory/stock-out issues
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