AI-based Inventory Management Software
Revolutionize your inventory management operations via predictive analytics, smart recommendations, data intelligence, and real-time assistance by implementing AI in inventory management. Say goodbye to manual errors and inefficiencies with our AI-based inventory management software.
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How is AI in Inventory Management Beneficial?
AI has outperformed many day-to-day operations and is now performing wonders in inventory management. Whether enhancing warehouse operations and product categorization through robotics services or offering real-time analytics using NLP-driven chatbots, AI in inventory management is a boon. With AI-based inventory management software, you can make sales forecast and optimize your inventory levels. Additionally, you can reduce the risk of stock-out conditions and overstocking while meeting the changing market demands. Hence, become a part of the successful enterprises by investing in AI-driven inventory software development.
Improved Forecasting
AI in inventory management can analyze historical data and sales patterns to make accurate sales forecasts, which can help you optimize your inventory levels.
Smart Warehousing
Designed by the latest AI/ML techniques, smart warehouses ultimately turn the traditional retail software system and automate the processes.
Robot Automation
Robot Automation helps in checking, fulfilling, and restocking inventory. It picks and moves items by availing the algorithms set in the system.
Profitable Business
AI can provide actionable insights and recommendations based on data analysis, helping businesses make more informed and profitable business decisions.
Features of AI-based Inventory Management Software
Discover the best-in-class features that ensure success for your AI inventory management software.
Inventory Tracking
AI inventory management software assists in real-time tracking of stock levels, enabling businesses to respond quickly to dynamic market needs.
Automated Ordering
AI-based inventory management software can automatically generate purchase orders based on real-time data and demand forecasts, eliminating stock shortages.
Predictive Analytics
Automated inventory systems can analyze sales data and customer behavior to make accurate sales forecasts, helping businesses optimize their inventory levels.
Multi-channel Integration
You can integrate your automated inventory management system with multiple sales channels, including online marketplaces, brick-and-mortar stores, and e-commerce websites.
Automated Customer Support
Resolve your customer’s concerns and get real-time analytics of your business via the NLP-driven chatbot functionality of an automated inventory management system.
Automated Material Procurement
AI in inventory management automates procurement processes, including vendor selection, marketing, supplier data collection, spend analysis, anomaly detection, etc.
Real-time Alerts
AI-based inventory management software can provide real-time alerts for critical inventory events, such as stock shortages or overstocking, to eliminate the loss conditions.
Returns Handling
Get smart assistance in tracking your returned items, evaluating their main cause of returns, and placing them in the inventory via an automated inventory management system.
Warehouse Management
Automate your product categorization and loading/unloading tasks, get on-the-go inventory information, and automate schedule management via AI inventory management.
Have Ideas for Your AI-based Inventory Management Software?
Matellio, with its double-decade expertise team, is here to craft a perfect AI solution catering to your needs. Share your requirements today and get a free 30-minute consultation with our experts!
Custom Inventory Management Solutions for Different Industries
Retail
We deliver retail inventory management solutions to help you monitor your inventories across various warehouses. Synch your eCommerce stores, offline retail shops, and warehouses to eliminate stockout and overstocking conditions via AI in inventory management.
Healthcare
Streamline your medical supply chain processes, automate your medical device and equipment ordering operations, get real-time visibility into your hospital storerooms, and get accurate demand forecasts with our custom-built medical inventory management solution.
Finance
Get real-time insights into your inventory levels, improve your supply chain processes, and get valuable insights to streamline your inventory planning processes that result in increased revenues and waste reductions via the finance AI inventory management system.
Transportation
Leverage predictive analytics, chatbot, and robotics services to enhance your fleet and logistics operations via a custom AI-based transportation inventory management solution. Get real-time alerts on fuel usage, fleet maintenance, driver behavior, and load planning operations.
Supply Chain
We offer a custom SCM inventory management solution that uses ML tools for making weather predictions relevant to goods. You get inventory info, demand forecasting modules, and analytics tools to track KPIs such as EOQ, break-even point, Cost of Goods Sold (COGS), turnover rates, etc.
Hospitality
Streamline your travel and hospitality operations, including order management, customer demand predictions, pricing and distribution management, back-office tasks, and off-price inventory management, with our custom-built inventory management solutions for hospitality businesses.
Let’s Begin Your Software Development with a Free Consultation!
Our team of experts will help you build bespoke AI solution that fit likes a glove with your business needs!
Our End-to-End Services
Leverage our professional development services to streamline the implementation of AI in inventory management for your business.
Software Development Consulting
Our talented experts and AI software developers offer complete assistance throughout your automated inventory management system development. Right from technology and business consulting to roadmap creation and market research, get everything under one roof.
- Digital Consulting
- Business and Technology Consulting
- Market Research and Competitor Analysis
- Proof-of-Concept Services
AI Inventory Software Development
As a leading AI development company, we can design and develop various AI-based inventory management solutions for your business, including inventory aggregation and sync solutions, returned inventory optimization systems, back-office automation solutions, etc.
- Software Designing
- UI/UX Consulting and MVP Development
- Custom Software Development
- Testing and Deployment
Legacy Software Modernization
Are you looking to upgrade your existing inventory management solution? With our decade-long experience and access to the best technologies, we can help you modernize your legacy system to an advanced and user-friendly solution equipped with AI, IoT, and other technologies.
- Software Architecture Redesigning
- Cloud Migration
- Features Upgrade
- Technology and Platform Migration
Software Integration Services
Our team of experts has years of experience in software integration to enhance the capabilities of your AI inventory management solution. Whether NetSuite, Oracle, Cin7, Fishbowl, Katana, or inFlow, we are committed to providing high-quality integration services for your custom solution.
- Cloud Integration Services
- Security Testing Services
- Warehouse Software Integration
- Accounting Software Integration
Support and Maintenance
From cloud deployment to technology migration, features upgrade, testing, and UI/UX enhancement, get a wide range of support and maintenance services for your custom inventory management solution to stay ahead of the competition and innovate your operations.
- Testing Services
- UI/UX Enhancement
- Data Management
- Bug Fixing and Performance Tuning
We Are Trusted By Businesses Across the Globe
Leading companies have trusted us for fulfilling their development needs.
Technologies We Use
Frequently Asked Questions
1. Why should I implement AI in inventory management?
AI today has become an essential component to succeed in the market. Right from accounting for loading planning, there are many use cases of AI in the retail and SCM industry, and inventory management is no exception. Here are a few benefits of investing in AI-based inventory management software:
- Predictive analytics: Predictive analytics can provide weather forecasts in advance, aiding retailers in making better strategic decisions on pricing, supply, etc.
- Robotic automation: Robotics service helps check, fulfill, and restock inventory. It picks and moves items by availing the algorithms set in the system.
- Data mining: Through Data Mining, it is easy to track the customer interest areas, which is something that helps companies to plan products accordingly.
- Reinforcement learning: Reinforcement Learning is the sphere of AI in which the models act on the predictions to improve demand forecasts and sales campaigns.
2. How much does it cost to develop AI-based inventory management software?
We need to evaluate countless factors to offer you an exact cost estimate. For instance, the complexity of the features, the testing approach opted by you, the number of developers working on your project, and even the engagement model you chose impact your software development cost. Hence, you can discuss your ideas and requirements with our experts to get a free quote for your project. Fill out our form to book your free 30-minute consultation slot!
3. Do I need extensive knowledge of AI/ML to get started with you?
No, our developers have in-depth knowledge of working with global businesses across various industries. Hence, you can simply discuss your pain points or ideas with them to get smart suggestions over technology, resources, development approach, and more for your AI-based inventory management software.
4. Can you help me migrate my existing solution to the cloud?
We can migrate your existing inventory management solution to a secure cloud platform of your choice. You can choose between Google Cloud, AWS, and Microsoft Azure as your cloud platform. We can even help you migrate your complete database to the cloud for easy access and security.
5. What other AI development services do you offer?
We offer a wide range of AI development services to global businesses. Some of our services include AI/ML software development, chatbot development, NLP services, conversational AI services, recommendation system development, computer vision services, and more. You name it, and we will offer that to your company.
6. Do you charge for post-launch support?
We do offer one-month free post-launch support. Clients can extend this support period by signing a contract with us after that.
7. How can I communicate with my hired team?
As a leading AI development company, we firmly believe in considering our clients’ ideas. To convey those ideas and check on your project, we offer you a single point of contact – a project manager. You can easily schedule meetings with your PM and even connect with your team of developers through Skype, Microsoft Teams, and E-mail.
8. How do you proceed with AI inventory management software development?
We follow the agile development methodology to help you get real-time updates on your project after each development stage. Here’s what our SDLC looks like:
- Evaluating your business requirements
- Analyzing your pain points via digital consulting
- Offering suggestions over technology, resources, and development process
- Creating prototypes and wireframes
- Developing your solution
- Testing and deployment