AI For Supply Chain
The rise of artificial intelligence (AI) is transforming industries worldwide, with the supply chain being one of the most significantly impacted. AI’s potential to revolutionize supply chain operations spans from the demand side, where it predicts consumer needs, to the procurement side, where it automates stock replenishment and logistics.
Solutions offered in Supply Chain Management:
Our AI solution is built with this future in mind, where AI can manage vast amounts of inventory, automatically, efficiently, effectively.
AI in Demand Forecasting and Procurement
Automated Stock Level Monitoring and Utilization
Building a Calendar and Budget for Procurement
Inventory Manager
[what to order, when to order, how much to order]
Demand Forecasting Module
Utilizes AI and machine learning to predict future demand based on historical data, market trends, and external factors.
Stock Monitoring Module
Integrates with IoT sensors to monitor stock levels in real-time, automatically triggering replenishment orders when necessary.
Utilization Analysis Module
Analyzes utilization rates to predict when items will need to be reordered, adjusting stock levels to match demand.
Procurement Calendar & Budget Module
Generates a procurement calendar and budget, prioritizing spending on essential items while considering budget constraints.
Benefits of using our AI powered Supply Chain:
Reduction in Inventory Costs
Implementing AI-driven demand forecasting can reduce inventory costs by 20-50%.
Improved Logistics and Shipping Costs
AI-driven logistics optimization can reduce shipping and logistics costs by 10-30%
Labor Cost Savings
AI automation can reduce labor costs by 20-30% in supply chain management.
Reduction in Procurement Costs
Automating procurement processes can lead to a 5-10% reduction in procurement costs.
Overall Supply Chain Cost Reduction
AI can reduce overall supply chain costs by 15-20%.
Decrease in Stockouts and Overstocks
AI can decrease stockouts by 30-50% and overstocks by 20-50%, directly reducing associated costs.
Exception Management Module
Provides a system for human workers to intervene in cases where AI is unable to predict demand accurately or manage complex procurement tasks.
Order Manager
Vendor Selector based on past performance Create Purchase Orders or submit list to core system.
Automated Marketplace Integration Module
Connects with an AI-driven marketplace that handles automated orders and creates logistic flows for timely delivery.
Strategic Oversight Module
Allows human workers to oversee AI systems, make adjustments, and ensure that the supply chain aligns with organizational goals and priorities.
Logistics Optimization Module
Uses AI to optimize delivery routes, consolidate shipments, and manage autonomous vehicles for efficient logistics.
What Our Clients Say
“Truedigit Lab’s restaurant management software has completely transformed our operations at Tejas Foods. The POS system is fast, user-friendly, and seamlessly integrates with online ordering and inventory management, improving efficiency and customer satisfaction. Their team provided excellent support, and we highly recommend their solutions to any restaurant looking to streamline operations.”
“Truedigit Lab’s ERP solution has been a game-changer for Diakart. Their ticketing system allows us to track and resolve customer issues efficiently, ensuring seamless communication and faster resolutions. With their expert support, we’ve improved our response times and overall customer satisfaction. Highly recommended for any business looking to streamline operations!”
“Truedigit Lab’s social media marketing solutions have helped Welnext expand its digital reach like never before. Their strategic campaigns and targeted approach have significantly increased our engagement and brand visibility. With their expertise, we’ve connected with a larger audience and strengthened our online presence.”
Let’s Build the Future Together
Ready to take your business to the next level? Reach out to us today for a consultation tailored to your needs.