How Artificial Intelligence Optimizes Inventory Management in Industry? Explore to Experience the Benefits and Unlock true Potentials to Leverage Productivity!
Abstract The AI's role in inventory management is multi-faceted, ranging from real-time data analysis to automated decision-making . This technology can process vast amounts of data quickly, accurately, and without fatigue, making it an invaluable tool for optimizing inventory. This article underlines the importance and advantages of AI Technology in managing inventory in industry. The journey of AI in inventory management is a tale of continuous evolution. Initially, inventory management relied heavily on manual processes and simple computational tools. With the advent of AI, a paradigm shift occurred. As Rosenberg (2020) notes, AI introduced sophisticated data analysis capabilities, transforming how businesses approach inventory control [5]. Keywords Artificial Intelligence, Inventory Management, Optimisation, Real Time Data, AI Tools, Techniques for Inventory Control Learning Outcomes After undergoing this article you will be able to understand about ho