Reduce stock, increase service levels
The combination of reducing stock and increasing product availability may seem impossible. However, Augment's predictive accuracy enables inventory optimization by increasing stock levels of products according to demand.
When you know how much you're going to sell, things get easier. Inventory aligns with your demand, and resources are better distributed
Pure retail efficiency
Cheaper
An optimized inventory results in less warehouse space needed and less money tied up in products. Augment can reduce inventory by 20% to 40%, saving capital that can be used for growth, marketing, or any other investment.
Faster
Eliminating excess stock means accelerating warehouse operations. The time spent on these operations affects both employee time and sales. For example, reducing picking time by 10% could result in a 10% increase in sales.
More effective
Optimizing the warehouse also plays a crucial role in its management. There's less space to clean, fewer equipment to maintain, and quicker, easier navigation within your inventory. In short, a smaller stock makes your life easier.
How will Augment reduce your inventory?
Optimization is a progressive task that brings exponential benefits. As Augment integrates, operations begin to flow.
The algorithms learn about your business and make intelligent decisions to provide restocking recommendations. The goal is to find the optimal point to improve efficiency and avoid losses.
Augment generates purchase orders based on sales history and individual forecasts. Users can adjust orders by expanding safety margins, modifying parameters, or other variables.
Set your strategy and stand out.
Each order is an opportunity to make a difference in managing your business. Make the most of each one effortlessly.
Adjust the service level to balance customer satisfaction with profits. A lower service level makes inventory more economical, while a higher level increases costs.
A lower service level results in a cheaper inventory. While a 5% change in the service level may seem insignificant, maintaining a high level close to 100% exponentially increases costs.
With 15 years of development and millions of daily calculations, Augment enhances its forecasting ability over time. The incredible part is that the more you use it, the more it learns about your business and improves its demand predictions.
Explore an optimized working method
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What makes Augment special?
IA-based stock optimization, the next level of retail management
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Architecture
A core capable of integrating more than 100 AI algorithms.
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