ALPHA is an AI-powered solution designed to revolutionize your inventory management.
What it does
ALPHA analyzes historical data to increase your inventory turnover ratio, ensuring you always have the right products in stock
ALPHA minimizes overstock and reducing stockouts, this innovative tool enhances operational efficiency and maximizes profit margins. Streamline your supply chain, reduce holding costs, and meet customer demand with precision.
Demand Forecasting
Utilizes historical sales data and algorithms to predict future demand accurately, considering factors such as seasonal fluctuations and holidays. This helps businesses anticipate inventory needs and adjust their stocking levels accordingly.
Inventory Classification
Classifies inventory items based on demand variability, allowing for tailored management strategies. This categorization helps prioritize inventory control efforts, ensuring efficient allocation of resources and attention to high-demand products.
Safety Stock Calculation
Determines safety stock levels to buffer against demand variability and minimize the risk of stockouts. By calculating safety stock based on desired service levels and statistical analysis of demand variation, businesses can maintain customer satisfaction while mitigating inventory-related risks.
Economic Order Quantity (EOQ) Calculation
Computes the optimal order quantity that minimizes total inventory costs, considering factors such as ordering costs and holding costs. This calculation ensures that businesses strike a balance between ordering in bulk to benefit from economies of scale and minimizing excess inventory holding costs.