“Assetflo, a venture that deploys machine learning and AI algorithms to track inventory movement across the supply chain and optimizes operations at large warehouses and distribution centres via localization that works both indoors and outdoors. Their customers report a massive reduction in delays in order processing for on-time delivery.” What is “localization”? It is getting information (data) on inventory down to the shelf-level. That is, exactly and precisely where something is, not just “in the warehouse”
“Demand forecasting is an essential but misunderstood part of supply chain management. Real-time AI data collection and analysis produces immediate insights into the demand for a product right down to the minute and square kilometre.” How might this software work, in general terms?
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