Camcode, a worldwide manufacturer of bar code labels, recently reached out to Amjad to be part of their panel of Inventory Management Experts and asked him to pitch in on advice for warehouses looking to save money. It may not come as a surprise that Amjad points to data analytics as a powerful factor in optimizing inventory to save money:

“Prescriptive Analytics is the most powerful tool in optimizing inventory…”

The explosion in the availability and accessibility of data is creating new opportunities for better decision making in applications of inventory control. Prescriptive analytics starts by predicting consumer demand and then using Machine Learning to recommend the optimal inventory levels to make the most profitable use of warehouse space. Demand is the key uncertainty affecting inventory decisions, which presents a huge opportunity to leverage transactional data combined with large-scale, publicly available data such as web search queries, reviews, and social media chatter to optimize inventory and improve warehouse profitability.

Head on over to the Camcode blog to see 26 other tips on Inventory Control Methods for Saving Warehouses Money:

You may also be interested in 4 Steps to Streamlining Inventory Management Operations

CEO Blog Nation recently reached out to Amjad to share his thoughts on taking a break and recharging as a CEO.

In his 10+ years as an Entrepreneur and CEO he has learned how to balance the insane schedules and demanding travel with taking care of himself and his health. His secret is to give himself time for exercise and meditation by taking long walks and staying off the grid while doing so.

Read the more tips on Entrepreneur self-care over at CEO Blog Nation

I’ll add a few tips I have learned from Amjad over the years working together:

Eat to Support your Health

I often see Amjad snack on mandarin oranges, especially while traveling. Making sure to get your vitamins (especially C and D) supports your immune system and keeps you from getting sick while traveling. We also stock the office with healthy snacks like Almonds, and he regularly brings fresh fruit to the office to share with the team.

Take Small Breaks to Recharge

Take a few minutes throughout your day to breathe, relax, and drink your tea (or your hot beverage of choice). Even though most of his days are packed with meetings and demands, he makes sure to leave slots of 15 minutes open in his schedule to take a breather and drink some tea.

Family Time is Important

When you’re with your family turn off the distractions. Our work culture, and especially start-up work can be 24/7/365 and that commitment from our team one of the things that has made Algo.ai so successful. However, as a leader, Amjad makes it very clear that he understands the importance of personal and family time. After all, if you can’t enjoy the fruits of your successful business with your friends and family what is the point.

May 2, 2018, RE•WORK

At the AI in Industrial Automation Summit this June 26 – 27, team Algo will be joining RE•WORK to exhibit and chat to attendees about their current work. In advance of the summit, Ellie Lucy, Global Summit Creator at RE•WORK spoke with Nikki to hear about her current work and their use of AI and deep learning.

Read the full interview over at the ReWork Blog

January 16, 2018, RE•WORK

Algomus is a rapidly growing Detroit area startup that has built Algo the world’s first Analyst Workbot and Enterprise ML powered Big Data Analytics platform for media & entertainment companies, manufacturers, distributors, and retailers. Algomus, who is partnering with RE•WORK for the AI Assistant Summit in San Francisco this January 25 – 26 have just launched Algo 2.0, making their AI enabled workbot even smarter.

Read the Full Post Here