Is AI the Key to Optimising Supply Chain and Inventory Management?

Key Takeaways:

• Flowlity is a SaaS startup that uses AI to optimize supply chain and inventory management.
• Through its unique AI-based approach and supply chain expertise, the company has helped leading companies like Danone and La Redoute to dramatically reduce inventory surplus and shortages.
• Flowlity’s smart system allows businesses to shift from traditional, deterministic supply chain models to more resilient ones.

In the context of an increasingly digital and fast-paced economy, managing supply chain and inventory effectively is more important than ever. However, poor inventory management can often lead to huge losses. This has led to the rise of companies like Flowlity, an AI-based SaaS startup based in Paris. Flowlity aims to solve this problem by providing resilient planning options to prevent overstocks and shortages.

Flowlity’s AI system helps to predict sales and consumption and optimize inventories. This shift from a deterministic model, based on fixed parameters to a more versatile and resilient one allows businesses to adapt to market changes and uncertainties quickly and efficiently.

What sets Flowlity apart from traditional inventory management systems is its unique combination of artificial intelligence and supply chain expertise. Since its establishment in 2018, Flowlity has been working closely with leading companies such as Danone, La Redoute, Saint Gobain and Camif to reforecast and plan their inventories. The results they have produced speak for themselves — with an average reduction of 30% in inventories and a decrease of 20% in shortages.

Furthermore, being a SaaS solution, Flowlity’s systems are easy to implement. Businesses do not need to invest in infrastructure. Also, being cloud-based, the solutions can seamlessly integrate with the existing IT landscape of the organizations, making it even more efficient.

In conclusion, Flowlity is at the forefront of the AI revolution in supply chain and inventory management. By leveraging AI, the company has not only improved the efficiency of supply chain operations but has also reduced wastage and shortages significantly. As businesses continue to recognize the power and potential of AI in this area, we can expect to see more innovation and growth in this sector.

As for Flowlity, the future looks bright. With a successful track record and a growing number of satisfied corporate clients, the startup is well-positioned for continued growth. For more information about Flowlity and its services, visit their website or follow them on Twitter and LinkedIn.