Automated Alerts for Non-Moving Stock in Inventory

Overview

Our client is a mid-sized metal fabricator running multiple production units and has a centralized warehouse. The client approached us to help them design an AI-powered system giving them clear clarity on non-moving inventory, hidden costs, and multiple other concerns running in and out daily in the warehouse.

Technical Stack

Industry
Manufacturing
Region
Mexico
Project Size
Non-Disclosable

Highlights

📉

15 % Dead stock reduction.

📦

Improvised store spacing and availability of stock.

📊

Staff aligned with the latest usage trends.

♻️

Minimal loss in terms of materials, expiration, and misplacement.

Challenges

Solutions

Challenges & Solutions

No alerts for non-moving inventory.

Auto-flagging notification sent to flag off unused stock within 30 days.

Old stock consuming valuable storage space.

Real-time notification of unused stock and moving inventory notified via livestock dashboard.

Increased chance of material degradation.

Auto notifications sent weekly help flag off the items and reduce the risk of loss.

Capital blocked in unused inventory .

For priority procurements, triggering the users to reallocate or clear the dead stock.

No accountability on material usage trends.

Follow-ups and ownership were streamlined with the live dashboard along with alerts and notifications.

Time-consuming and error-prone manual tracking of stock.

Automated the tracking and alert process, helping avoid manual tracking of the stock.

See How it Works?

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Core Features

Conclusion:

The outcome of the automated process helped factories to keep track of their non-moving stock. Along with it, the client also receives an alert to help them take charge of the unused/untouched inventory. It also helps in keeping track of livestock and creating a planner to have the minimal count of dead stock. Not only can the client optimize the space of the warehouse, but also they can keep control of their managerial and operational work on a regular basis.

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