Augment Cloud Blog

Augment Labs Augment Labs

Optimizing Demand Forecasting

Demand forecasting is vital for businesses, improving inventory management and production planning. This guide covers qualitative and quantitative forecasting, causal models, and time series analysis. Key methodologies include trend projection, market research, and econometric models. Advanced tools like Augment use AI for accurate predictions. Optimize operations, reduce costs, and enhance customer satisfaction with precise demand forecasting.

Read More
Augment Labs Augment Labs

Boost your business's cash flow by clearing out your holiday overstock

Optimize your inventory and avoid overstock by offering bulk purchase discounts, discounted sales, bundle promotions, promotional giveaways, free shipping offers, returning excess inventory to vendors, and donation opportunities. Streamline post-sales season inventory management to enhance efficiency and reduce surplus.

Read More

7 ways to reduce stock using AI optimization

Unlock the potential of AI in inventory management to enhance efficiency, reduce costs, and mitigate risks. Discover how AI inventory optimization can streamline processes in inventory monitoring, warehouse management, supply chain visibility, and risk management. Explore seven ways AI reduces costs and risks, including maximizing inventory investment, eliminating manual work, minimizing human errors, reducing labor costs, maximizing warehouse efficiency, streamlining cash flow, and improving order fulfillment.

Read More
Demand planning Augment Labs Demand planning Augment Labs

Lead time for orders

Understand the intricacies of order lead time and its impact on demand planning. Learn about the four primary categories of order lead time and their formulas. Explore the factors influencing lead time and its importance in inventory planning, including demand forecasting, order management, supplier collaboration, and customer satisfaction.

Read More