delays and faster fulfilment, leading to better brand perception. This also helps to avoid both stockouts – when popular items become unavailable – and overstocking, which leaves more unsold goods than planned.
These modern inventory systems also play a key role in international trade. By digitising paperwork and streamlining product flow, companies can now meet trade regulations and move goods across borders with much fewer delays.
60 %
of executives saw improved demand forecasting and stock management when using AI in 2024
Deloitte
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