AI and ERP

actical, these tools may not be the best choice for smaller companies that can manage supply chain
planning manually. But for companies with hundreds or thousands of SKUs, the old-fashioned Excel-
based inventory management strategy is no longer a realistic option. So, for companies considering a
more sophisticated solution, tools powered by artificial intelligence (AI) may be a beneficial option.

Here are five ways that AI-powered inventory planning software can help supply chain management
and three things that companies should consider before implementation.

Five Ways AI-powered Inventory Planning Software Helps Supply Chain Management

From my experience, AI-driven tools have at least five notable benefits over traditional solutions. In
short, it’s all about reducing the number of manual processes, cutting the number of errors resulting
from supply chain complexities and, finally, helping supply chain managers order the right number of
products at the right time.

Workflow Automation And Data Consolidation

Supply chain managers at medium-sized to large companies often work with dozens of Excel
spreadsheets to manage data from their enterprise resource planning (ERP) systems. Doing this
planning manually takes weeks and usually me