Revolutionary AI-based Supply Chain Decision Intelligence
platform launches new inventory capabilities to identify and
quantify working capital savings, while predicting and recommending
opportunities to accelerate revenue and profitability
PALO
ALTO, Calif., Aug. 12,
2024 /PRNewswire/ -- ThroughPut Inc., the
Gartner-recognized Industrial AI Supply Chain Analytics and
Decision Intelligence pioneer, today announced the launch of new
inventory management capabilities that empower businesses to drive
higher profitability through powerful working capital spend
projections, real-time inventory predictions, and dynamic
rebalancing and replenishment recommendations.
The current release enables advanced visibility and
actionability for businesses to manage their inventory and material
movements across all their SKU's, customers, locations, and supply
chain end-points. As a result, they can increase inventory turns,
ensure rapid availability of fast-moving products, and reduce
safety stock and carrying costs. With these new capabilities,
businesses now have the unprecedented availability to unlock
capital, improve operational efficiencies, and boost margins. By
leveraging ThroughPut's patented, award-winning AI and Machine
Learning supply chain decision intelligence platform on top of
their existing diverse data systems, organizations of all types can
rapidly pinpoint where capital allocation is insufficient, predict
outcomes, and make recommendations enabling them to accelerate
goods movement, revenue, and margins.
"ThroughPut.AI's enhanced working capital management
capabilities show our customers where their excess working capital
lies, where their operations are underfunded, and projects how
these gaps should best be optimized," explains Seth Page, Chief Operations Officer and Head of
Strategic Partnerships at ThroughPut.AI. "With advanced AI
algorithms optimizing operations for financial analytics, insights,
decision intelligence, and recommendations, we enable organizations
to plan the best scenario for inventory spend down to the per SKU,
per route, per location, per source, levels, so that they may cater
to true demand at all times, whether sudden, seasonal, cyclical, or
previously "unpredictable." You can better analyze, predict and
prepare for all these situations and many more by leveraging your
existing diverse data systems with operational AI to achieve
greater financial results."
The new release focuses strongly on the following
capabilities:
- Projecting Working Capital Spend
Optimization: Leverage powerful algorithms to identify
when and where capital is unnecessarily tied-up, or where it needs
to be supplemented to optimize flow of goods, cash, and
profits.
- Reducing Spend and Identifying Savings Opportunities:
Identify specific SKUs on which spend can be safely reduced to
enhance cost savings without compromising on product quality or
service levels.
- AI-powered Predictive Analytics: Get actionable
insights, predictions and recommendations – on everything from
inventory turnover rates to potential stockouts – to make proactive
informed decisions that optimize inventory performance.
- Advanced Demand Sensing: Move beyond traditional
demand forecasting with stale assumptions and old data, and enable
more accurate dynamic demand sensing to rapidly respond to shifts
in market trends and customer priorities.
With ThroughPut's latest release, businesses can rapidly segment
their product portfolios, identify their best and worst performing
products, adapt their product mix to prioritize fast-moving goods
with higher contribution margins, and ensure the greater flow of
goods, material, and cash.
PR Contact
Tina Jacobs
pr@throughput.ai
About ThroughPut Inc
ThroughPut.AI is a Silicon Valley-based Supply Chain
AI-powered Decision Intelligence leader that puts Industrial
material flow on Autopilot by leveraging existing Enterprise Data
to achieve superior Business, Operations, Financial and
Sustainability Results. ThroughPut improves material flow and
free-cash-flow across the entire end-to-end value chain far faster
than leading contemporary and legacy solutions. The founding team
is led by seasoned serial entrepreneurs with real-world AI, Supply
Chain, Manufacturing, Transportation and Operational experience,
from the shop-floor to the top-floor, at leading Fortune 500
Industrial Companies & pioneering Enterprise Technology
companies.
To learn more about ThroughPut Inc, visit our
website today.
Additional Resources:
- For more information about ThroughPut, visit ThroughPut
Resource Library
- Read the ThroughPut Blog and access latest ThroughPut Press
Coverage
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SOURCE ThroughPut Inc.