Big-box Retailers Favor AI-backed Inventory Management Systems

Updated on : October 23, 2024

Artificial Intelligence (AI) has become a critical component in the inventory management arena. It is assisting the retailers to streamline inventory management processes, have complete control, and increase operational efficiency.

Las Vegas, 24th Sep 2024–Inventory efficiency is one of the prime growth factors for any retail business to meet customer demands and stock overheads. Advancing technologies have been a great boon to businesses these days. AI is one such technology that most retail businesses are implementing by investing in AI-backed inventory management software. Such tools offer various advantages for retailers like dynamic pricing strategies, smart replenishment, real-time monitoring, optimized demand forecasting and much more. 

The listed inventory management tool also offers various features including accounting, alerts/notifications, backordering, CRM, inventory control,inventory optimization, manufacturing, mobile access, multi-channel sales, order fulfillment, order management, purchasing, pricing management, reporting/analytics, shipping, warehouse management etc making it an all-in-one inventory management solution.

“Retailers who embrace AI-driven inventory management software can gain a competitive edge in a rapidly changing market, adopt more sustainable inventory practices, automate supply chain processes, etc,” says Goodfirms.

Here are a few AI-backed Inventory Management Software (Generated by Goodfirms)

ai backed inventory management software

The list of inventory management software includes SalesBinder, Unleashed, Clear Spider, InventoryCloud, ZapERP, Craftybase, EasyEcom, Shopventory, RestockPro, Delta Inventory, Sellbrite, MarginPoint, Orca Inventory, TrakSYS, Sku IQ, Xin Inventory, Smplsale, Genesis Advantage, Cloud Inventory; Interested businesses who would like to explore the list further can browse the category, easily filter and explore the top reviewed and rated inventory management software based on popular features, pricing models, devices supported, deployment and company size.

About Goodfirms

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