Inventory is inflexible, and often replete with “unsalables.” Even though companies generally have a good handle on overall inventory number, the specific remains elusive.
Goals and Objectives
Reduce the overall dollar value of the inventory while improving its ability to meet demand and buffer needs.
IoT, BDA, and cognitive
Use Case Summary
There is real-time assessment of inventory position across all buffer locations, with connections to demand and capacity. Cognitively enabled inventory means that system learns how to best meet business variables.