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

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

We are thrilled to have been featured in an article in Entrepreneur titled The Journey to Negative Churn: How You Can Get There by Going the Extra Mile

If you know us you know we are fanatics about Customer Success! And we have achieved the SaaS holy grail of Negative Churn – which has helped us grow exponentially over the last 3 years – mostly due to amazing customer referrals. We truly believe in and treat our customers as partners with the joint goal of their success in mind.

“Prioritizing customer success is also a simple way to retain customers. If they aren’t succeeding, they’ll leave — it’s that simple. If they’re getting value from your product, they’ll purchase more. But achieving negative churn isn’t merely about a special marketing or sales promotion, it’s about helping customers attain goals.

Data analytics company Algo.ai has this nailed. Its team prioritizes customer success so strongly that it’s filled top managerial roles with former customers to ensure that everyone clearly understands exactly what customers need so the company is performing at its best. Examples? Algo’s current VP of customer success, Jeff Fueston, and president, John Daly, as well as senior team members, all formerly worked at Sony Pictures — a previous client of Algo.”

Read the full article in Entrepreneur Magazine here

In this special guest feature, Amjad Hussain, founder and CEO of Algo.ai, explains that AI-assisted technology running on big data can help optimize inventory at all levels in the demand chain. It even can predict future buying behavior, and detect and act on supply chain anomalies in a timely fashion. With the implementation of “smart” warehouses, […]

MarTechAdvisor recently published an article penned by our own Taleb Alaskhar, PhD.

In this special guest feature, Taleb Alashkar PhD. Sr. Machine Learning Researcher at Algo.ai, and Co-Founder and CTO of AlgoFace, explains how personalization rules the retail industry. To accomplish it, leading companies are experimenting with digital technologies that provide a highly customized and entertaining shopping experience . In particular there is growing demand for technologies utilizingAugmented Reality, Virtual Reality and Facial Recognition.

Read the full article here

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.

In this special guest feature, Amjad Hussain, founder and CEO of Algo.ai, observes that whereas 20 years ago, labels were able to flood stores with CDs in the knowledge surplus inventory would inevitably sell over time, doing so now could lead to huge losses. As such, companies are increasingly turning to new smart technology which harnesses the power of machine learning AI to accurately predict future demand using existing data.

Read the full post over on InsideBIGDATA

Concern has surrounded Amazon’s Rekognition technology, with fears that it could be used in an authoritarian and inaccurate manner by the governments and police. However, new research from The Center for Data Innovation, a nonprofit and nonpartisan research institute, indicates that Americans are opening up to the use of facial recognition technology, but only if it’s accurate. 

The Sociable’s Sam Brake Guia spoke to Taleb Alashkar, an AI and facial recognition wizard, and CTO of Algoface.ai, who is currently working on a platform that uses AI to give makeup recommendations based on your skin tone, eyes and facial shape. 

Read the full interview here

Start Up City Magazine editorial board has selected Algo.ai as one of the top 15 Cognitive Startups to watch in 2018.

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

Algo.ai of Troy, Michigan advertises itself as the world’s first supply chain analyst work bot. What does that mean exactly? It means their technology combines artificial intelligence (AI), augmented reality (AR), and workflow automation to provide unique solutions for retail and distribution industries.

The startup’s founder and CEO Amjad Hussain has more than two decades of experience in building AI. He’s now been running Algo.ai for more than three years and says its important to realize that the next great startup can be built in a place like Troy, Michigan.

Read the full article at Techli