Summary

Infor AI Inventory Intelligence

Improve inventory management using ML libraries

Developer:Infor

Overview

Infor AI Inventory Intelligence

Infor AI Libraries are a standard way to start and accelerate your digital transformation and create competitive advantage in your market by leveraging on the power of data. Inventory Intelligence AI/ML suites enable businesses to make more informed decisions by optimizing inventory management, reducing costs associated with carrying and maintaining inventory all while maintaining desired service levels. Solutions are part of AI subscription that will provide pre-built models for rapid implementation and ongoing business value driven management to ensure adoption.

Features and Benefits

Prescriptive models for your business

• Generating optimal rules based on work order history and providing optimal levels for safety stock and order-up-to levels.
• Providing a holistic view of the inventory health including indicators to monitor items that exceed or fall below safety stock or order-up-to levels.
• Tracking business value benefits by providing potential improvements in inventory costs and optimizing the inventory holding quantities.

Predictive models for informed decision making

• Forecasting spare parts demand to feed the inventory optimization engine and generate optimal inventory policies.
• Dynamic filter that enables users to identify obsolete parts for a clear visibility on the inventory state.

Turn Key

• A turn-key solution offering ML templates for rapid implementation and accelerated adoption.
• Specialized SMEs following incremental value building process to enable our clients to rapidly overcome the barrier to AI/ML success.