Question: Is there a tool that can help me identify and solve critical inventory problems, such as overstocking and stock-outs, in real-time?

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Antuit

If you need a system to help you find and fix inventory problems like overstocking and stock-outs in real time, Antuit is worth a look. Antuit is an AI-based demand forecasting and omnichannel inventory optimization platform that uses sophisticated AI algorithms to forecast demand and make inventory decisions across multiple channels. It has specific modules for direct-store-delivery predictive ordering, intelligent order promising, and omnichannel allocation with size optimization, which can help improve inventory efficiency and reduce stock-outs.

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Netstock

Another powerful option is Netstock, a supply chain planning software company that helps businesses optimize inventory and accelerate growth. Netstock's Predictor IA and Predictor IBP products include features like inventory optimization, forecasting, supplier performance monitoring and demand planning. It can integrate with many ERPs, so data can flow in and out of the system and supply chain advice can be given, and it promises big results like lower inventory levels and rapid return on investment.

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RELEX

For a more integrated approach, RELEX offers a unified supply chain and retail planning platform that uses machine learning to improve forecasting and inventory management. It offers real-time visibility and collaboration across all levels, helping businesses increase sales, reduce costs and respond to changes in the market. RELEX has been used by big retailers like Lowe's and Rossmann to improve inventory management and optimize supply chain operations.

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RadiusAI

Last, RadiusAI offers visual intelligence solutions for real-time food inventory tracking with its ShopAssist Pulse feature. This means stores never run out of popular items, reduces food waste and tracks expiration dates. RadiusAI's technology can integrate with existing POS and back-office systems, and offers real-time analytics and proactive problem-solving tools to help optimize inventory levels and improve operational efficiency.

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