Inventory

Among the many invaluable performance metrics in inventory management, Days Sales in Inventory (DSI) stands out for its simplicity and straightforward insight into finding a balance between stock levels and sales.

Inventory shrinkage is a common issue in most businesses that deal with physical inventory. The consequences of shrinkage may include financial losses, operational disruptions, and loss of competitiveness. But how does it happen and how to prevent it?

From demand forecasting and warehouse optimization to image recognition and predictive maintenance, various AI applications are set to significantly impact inventory management practices in the near future.