Question: I'm looking for a way to get real-time insights into my store's inventory and optimize costs, can you recommend a tool?

If you're looking for a system to get real-time visibility into your store's inventory and optimize costs, Antuit is a good option. The company's AI-based demand forecasting and omnichannel inventory optimization system can help businesses make data-driven decisions, manage multiple products, locations and channels, and offer features like direct-store-delivery predictive ordering and intelligent order promising. It's designed to be scalable and easily integrated with existing operations, which can lead to better inventory utilization and fewer stock-outs.

Another option is Profitect, a prescriptive analytics system that uses machine learning to help retailers maximize profit margins. Profitect automatically analyzes vast swaths of data to offer near-real-time recommendations for optimizing sales, inventory and logistics. The system integrates with multiple business functions and offers employees step-by-step instructions to follow for best results, resulting in improvements to sales, margins and labor efficiency.

If you want a more integrated approach, check out RELEX, a unified supply chain and retail planning system. RELEX uses machine learning to improve forecasting and inventory planning, offering real-time visibility and collaboration across all levels. It also offers modules for production planning, supply chain optimization and other areas, making it a good option for retailers who want to boost sales and cut costs.

If you want to digitalize your brick-and-mortar stores, Technologies for Positive Commerce from VusionGroup offers a variety of features, including real-time visibility for cost control and inventory management. The system turns physical stores into hybrid, data-driven operations, improving operational efficiency, employee satisfaction and customer experience while promoting sustainability.