Machine learning can help manage inventory far more efficiently by constantly tracking existing stock in the warehouse, its expiration date and forecasting future demands. Manufacturers, e-commerce platforms and retailers need to store their inventories, which involve warehousing costs. Storing unnecessary stock can sink cash reserves when cash liquidity can be utilised for business growth. Whereas, […]
The post Automation In Inventory Management appeared first on Electronics For You.
View more at https://electronicsforu.com/market-verticals/automation/automation-inventory-management.
Credit- EFY. Published by Department of EEE, ADBU: tinyurl.com/eee-adbu
