Inventory Archives

Procurement is undergoing a major transformation, driven by artificial intelligence (AI) and automation. Once a function focused primarily on cost reduction, modern procurement has evolved into a strategic powerhouse that enhances decision-making, strengthens supplier relationships, and optimizes supply chain resilience. AI and automation are at the heart of this transformation, allowing organizations to reduce inefficiencies, […]

To remain competitive in the present day fast moving markets, businesses have to manage their inventory effectively. The increased customer demands and complicated supply systems require companies to be smarter by prediction of needed materials and also having enough stock at all times. This is where predictive analytics comes into play; a tool that employs […]