Whether you are a retailer, manufacturer, dealer, wholesaler, or distributor, inventory management is a crucial part of your operations. Issues with inventory can make or break the business. Without proper inventory management, it is very difficult for companies to maintain control and handle the needs of customers. Proper management of the supply chain, inflow and outflow allow the business to thrive in today’s competitive environment.
While inventory management has always been a critical part of any business, it has become more valuable over the past decade as consumer expectations and shopping behaviors have changed rapidly in the age of Amazon and Omni-channel. As the stress on retailers to keep up increases, in turn, they increase the demand on their suppliers to perform. Therefore, it is very important for suppliers to maintain excellent inventory management to be able to meet customer demands for fast fulfillment while optimizing their warehouse space and assortment allocation. Today, many new inventory management solution providers have surfaced using more advanced data-driven methods to provide transparency, clarity, and efficiency to these complex operations.
With modular architectures and customizable tools, these new inventory solution providers offer flexible inventory management software to suit any business size or vertical. They also provide more user-friendly interfaces and end-to-end data connectivity to streamline operations and reduce costs. Moreover, predictive and prescriptive analytics using AI is making it easy to analyze the mountains of data generated in commerce to inform better strategies based on the real-time insight of what is happening in the business. The space is also seeing the emergence of drones and robots using AI technology to check and re-stock inventories.
The latest edition of The Technology Headlines highlights 10 Fastest Growing Inventory Management Solution Providers to Watch in 2019 who are offering innovative solutions to achieve efficiency and productivity in operations.
We are honored that Algo.ai was chosen to be on this list and appreciate the recognition!
Read the latest edition of The Technology Headlines Magazine to see the complete list.
With the AI gold rush seeing no slow-downs and enterprises in all sectors are looking to leverage Big Data and AI to drive operational efficiencies and power innovative customer experiences, in the last few years a new type of company has emerged providing Cognitive solutions powered by Artificial Intelligence. In an emerging marketplace full of brand new startups and established palyers it can be daunting to find reputable providers with experience in the right vertical applications of these technologies.
CIO Review compiled a list of 20 emerging players that demonstrate innovation and sophistication in Cognitive applications ready to be deployed in the enterprise. They evaluated companies based on their capabilities to fulfill the need for cost-effective and comprehensive solutions.
We are delighted that Algo.ai has made the list for our innovative cognitive platform Algo™
Check out the full list of 20 Most Promising Cognitive Solution Providers in 2019
Or jump straight to reading the Algo.ai profile
The Technology Headlines Magazine has included Algo.ai in its editorial list of fastest growing Intelligent App companies to watch. We are working hard, growing fast, and appreciate the shout out!
Read more about what we are working on, what drives us, and what’s to come in 2019 in the full article: Algo.ai Empowering Enterprises With Cutting-Edge AI
Mirror Review Magazine included Algo.ai on a list of the 10 Revolutionary Artificial Intelligence Solution Providers in 2019. As always we appreciate the shout out and the time they took to publish a profile on what we are up to including some gems from Amjad himself on the outlook of AI for jobs and the economy.
“Disruption can be positive as well as negative. I am a ‘cup is half full’ kind of guy, so I look at Artificial Intelligence as positive disruption,” says, Amjad Hussain, CEO of Algo.ai – a three-year-old startup using big data and AI to make optimized decisions about what products to stock on the shelves of retailers worldwide.
Like skepticism of past industrial revolutions – electricity, the automobile, and the internet – fears of a dystopian future caused by AI are unfounded. These technologies have changed human lives for the better, and AI has the potential to do the same – making lives more joyful and meaningful. Amjad believes the next wave of AI is where machines and people will get to work together, and by focusing on our relative strengths, we can make our weaknesses irrelevant. Already on this path to human-machine collaboration, Algo™ gets trained to take over tedious workflows and time-consuming, redundant tasks, enabling people to do more strategic and proactive work multiplying the overall productivity of enterprises.
Read the full article Algo.ai: Disrupting Supply Chain Management With Artificial Intelligence
Or check out the Digital Magazine edition The 10 Revolutionary Artificial Intelligence Solution Providers of 2019
Amjad recently contributed an opinion piece to the Chartered Institute of Procurement and Supply’s Supply Management Magazine.
In it, he explores the idea that a supply chain is a complex system of interrelated parts which needs to be regularly monitored for problems and kept healthy through preventative measures.
With digital disruption at an all time high enterprises in all sectors are looking to leverage AR and VR technology to drive better communication, collaboration and customer experiences. In an emerging marketplace, it can be daunting to find the right partners and solution providers with experience in the right vertical applications of these technologies.
CIO Review compiled a list of 20 emerging players that demonstrate innovation and sophistication by providing cutting edge AR/VR applications ready to be deployed in the enterprise. They evaluated companies based on their capabilities to fulfill the need for cost-effective and comprehensive solutions.
We are delighted that our AlgoFace SDKs have made the list for enabling Beauty Brands and Retailers to develop and deploy hyper-personalized and immersive customer experiences through our Facial Landmark Tracking, Virtual Makeup Try On, Makeup Look Transfer, and Face Attribution Detection SDKs.
Check out the full list of 20 Most Promising AR/VR Tech Solution Providers in 2019
Or jump straight to reading the AlgoFace profile
Insights Success Magazine has once again included Algo.ai in it’s editorial list of companies to watch. We are working hard on one of the most innovative AI platforms out there and appreciate the shout out!
Read more about what we are working on, what drives us, and what’s to come in 2019 in the full article: Algo.ai: Where Artificial Intelligence Meets Enterprise Decision- Making
The list is nicely rounded with players in customer analytics, automated sales conversations, marketing, biometrics, manufacturing, food delivery robots, and more!
Check out the full list here
The team over at Insights Success has tapped algo.ai once again as one of the most innovative companies in Business Intelligence!
Read on for a profile of Algo and our Founder & CEO Amjad Hussain