Overstocking or Understocking leading you to losses?

Artificial Intelligence in Logistics involves using technology to automate complex tasks and unearthing previously unknown patterns in Supply chain processes or workflows, and the impact is game-changing and visible. AI systems also enable predictive analytics, which helps tackle operational challenges and disruptions to supply chains as well as the workforce. A constant challenge with manufacturing is the losses from overstocking or under-stocking inventories. Overstocking often leads to wastage and lower margins. Under-stocking can translate into losses in sales, revenue, and customers.