AI-powered inventory forecasting for retailers
Accurate inventory forecasting is a challenge for retailers, leading to stockouts or excess inventory. An AI-powered system that analyzes sales data, market trends, and external factors can provide real-time inventory predictions. This helps retailers optimize stock levels and reduce costs. Market size: According to Verified Market Research, the global inventory management software market size was estimated at $3.58 billion in 2019 and is projected to reach $8.45 billion by 2027, growing at a CAGR of 11.4% from 2020 to 2027.
Sales optimization
United States
