GIEICOM May 26, 2023 2:05:08 PM 6 min read

AI applications for inventory control

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The trend and exponential growth of e-commerce forces companies to invest in innovative technologies that allow them to meet the market need. According to AMVO, 50% of the time spent by staff in common warehouses is lost in searching for and determining what type of merchandise is needed for orders.

If you want to have a place among the greats, and a real opportunity with current consumers, it is necessary to think about comprehensive systems that facilitate the operation, like strengthening inventory control, for example.

Today we will focus on three applications that will automate and make inventory control processes more efficient, so you can analyze them.

 

Innovations for better inventory control

Being competitive and staying at the forefront requires process optimization, achieving powerful inventory control will be the starting point that will trigger improvements throughout the warehouse.

1.- Applications with Artificial Intelligence. We are well aware that the administration and inflows and outflows of inventories are quite a challenge, and yes, it has surely also been a headache to think about implementations that require more effort, and in which you are not certain. Fortunately, there are alternatives such as Artificial Intelligence applications.

In very general terms, Artificial Intelligence offers better results as more is learned about the inventory system. What can you achieve?

● Although robotic integrations are already a reality, with AI their effectiveness is maximized, since it improves the analysis of demand patterns, as well as providing a choice of effective delivery routes. This tool is so powerful that it provides certainty in the complete automation of the warehouse.

● Identify the weaknesses of the operation, which helps to make better decisions and thus reduce costs.

● Significantly minimizes the risk of storage mismanagement.

● With Machine Learning there is more accurate decision-making, reducing waste and
increasing profitability.
● Working with a good data analysis, more and better information will be obtained, which will lead to projections that lead to more successful actions.

Learn more about artificial intelligence in logistics.

2.- AMR Technology. If there are robust and 100% necessary technologies in the warehouse and in inventory control, it is precisely the AMRs (Autonomous Mobile Robots). It is an intelligent and scalable technology, in addition to the fact that it can be integrated into Micro Fulfillment Center strategies.

AMRs technology automates inventory, as well as providing accuracy and reliability assurance. They are also characterized by being autonomous in the transfer of the product, avoiding having constant supervision. It is an excellent Good to person solution, since it optimizes time for operators, even if they have complex operations.

The AMRs have Artificial Intelligence mechanisms, which gives certainty of the stocks, according to the process that has been programmed. Among the main advantages of having AMRs technology, we can find:

● Flexible integration with other systems.
● Safety in operators and facilities.
● Minimize errors.

3.- WMS. Having a powerful visualization of the operation adds competitive advantages, since it allows you to have exhaustive control. In addition, it allows you to be more active with internal opportunities, but above all, external ones. For this, there is a very efficient tool that is the WMS (Warehouse Management System).

WMS is a software that optimizes the management of inventories in real time. Currently there is no tool on the market as complete and with high detail of the operation as this one.

These are just some its benefits:

● Potentially increases inventory control.
● Efficiently optimizes space.
● Reduce operating costs.
● Generates a significant decrease in errors.
● Allows decision-making with objectivity and mapped behaviors.
● Maximizes overall operation.

 

Why are these technologies so essential in inventory control?

Let´s not forget that the automation of processes is a necessary path, and with the support of various tools, we can maximize results.

At G.I.Eicom we offer innovative solutions to automate the different warehouse and inventory processes. We invite you to contact us and learn about all the solutions we have for your company.