Transforming inventory management in retail and CPG with AI

Reimagining Inventory Management in Retail and CPG with AI

retail-wardrobe-leds-banner
retail-wardrobe-leds-banner

Abstract

Inventory inefficiencies lead to customer dissatisfaction, reduced profitability, and lost revenue.

This whitepaper delves into transformative impact of AI on inventory management within retail and CPG sectors. By adopting AI-driven tools, businesses can achieve accurate forecasting, intelligent replenishment and optimized warehouse operations. These tools enable retailers and CPG companies to lower inventory costs, enhance inventory visibility, and maintain optimal levels to meet demand.

This paper also explores benefits of Agentic AI in demand

Advance Modal Components
Market Access in Life Sciences

Key Insights

This whitepaper explores the benefits of AI-driven inventory management in enhancing demand forecasting, improving visibility, optimizing replenishment, and better warehouse operations. This leads to reduced costs and improved customer satisfaction.

About the Author
Nilendu Banerjee
Associate Manager Operations, Retail CPG Ecommerce, TechM BPS
Follow

Nilendu Banerjee is a consultant with over 10 years of experience in Tech Mahindra’s Retail CPG practice. He has worked with leading retail and CPG brands to enhance ecommerce operations and optimize digital marketing performance. He is passionate about leveraging AI to unlock value in digital marketing and retail media network. He is an MBA in Marketing with specialization in digital marketing and advertising.