Topic: AI Inventory Management

A vendor-managed inventory app is used by an industrial or medical distributor to facilitate the VMI process of replenishing onsite inventory at the customers' point-of-use location (where the customer uses the inventory in the course of conducting their operations, as opposed to selling the inventory). VMI apps help distributors and customers share inventory data seamlessly and make replenishment decisions collaboratively. Learn about important features of a VMI app here. 

Let’s unpack specific examples of AI’s transformative power within the world of inventory and how you can leverage this tech for game-changing profits and growth.

Inventory management software FAQs

A smart inventory management system leverages the latest technologies to make inventory management more accurate, efficient, and cost-effective. 

Introduction to Advanced Inventory Management Trends in 2024 (The Evolution Towards AI Inventory Management and Sensor Technology)

Are you still counting and replenishing point-of-use inventory in an “Old School” Manual way? While many are, perhaps now is the time to learn more about the efficiencies there are to be gained from auto-replenishing, and the variety of new smart devices there are to automate the cycle counting and replenishment process.

Artificial intelligence (AI) tools now permeate virtually every industry and function, and inventory management is no exception. In this article, find out the five key ways that AI can help optimize your stockroom inventory.

Selecting inventory optimization software with features and benefits aligned with your business needs is one of the most consequential steps for efficient stockroom inventory management.

A large airline and an e-commerce company have approached eTurns recently to help them move from a Vendor-manged Inventory model to a Customer-managed Inventory model for managing their MRO inventory more efficiently. Both companies started their projects with supplier and product rationalization. Then they looked for an easy-to-use inventory auto-replenishment app that would help their employees be able to do guided cycle counts and usage tracking with min/maxes that would trigger auto-replenishment to any supplier and optimize their inventory.

eTurns TrackStock is now offered in the new Amazon Business App Center as the first inventory management app. TrackStock helps Amazon Business customers optimize and automate the replenishment of their stockroom inventory using AI-optimized min/max settings, which can lower inventory, labor, and carrying costs.