Warehouse and Inventory Management Software

Smart factory technology allows factory sensors to communicate with each other, with employee mobile devices, and with management's software platform. This enables employees to monitor equipment 24/7 and receive immediate alerts whenever there is a problem. The technology also enables the equipment itself to automatically adjust operations in order to keep the factory running smoothly.

Smart building technology arms a building’s component systems with the ability to communicate with each other and with management. Security systems, plumbing, electricity, waste management, temperature control, and more work exchange data constantly in order to improve the comfort and safety of people living or working inside the buildings. Smart building technology works for both residential and commercial buildings.

Warehouse management systems run machine learning software to maintain a warehouse or distribution center (or a fleet of them).

AI has been used to improve supply chain and demand forecasting for a couple of decades. Demand planning applications use data driven algorithms to take historical data and use it to forecast. Demand forecasting can include promotion planning or stock and sales forecasting. The machine looks at the forecast, compares it to actual shipments, and suggests alternatives and optimization options. Over time, many companies started doing more specific forecasting for specific regions, products or stores or for more granular points in time. Both retailers and their suppliers (CPG companies or 3rd party shipping and supply chain companies) use their data to help conduct automated decision making within the supply chain.