“You should never be in this position... inventory management... predictive analytics... optimal point changes throughout the year because of seasonality”

Eric Brodinger, AskLuca · The Opportunity Podcast · The AI Opportunities Ecommerce Owners Are Missing With Eric Bidinger [Ep.223]

Play from 12:14
12:14

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What was described

Use AI to predict inventory stock-outs and optimal inventory levels based on sales velocity and seasonality

Said nearby on the same subject

“Owl read through all of that, and basically recreated a CRM that's more custom for us… It created an inventory tool… gives us predictive purchasing decisions”
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“We could do discounts and generate cash from our inventory… we pivoted to leverage the assets we had, which were inventory to generate cash.”
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Heidi Robinson
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“Best place to start would be making sure that you as an organization have an updated record of every AI tool that's being deployed or used across the business. Again, it's effectively an AI inventory.”
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“Owner Andy Brown used AI coding tools to build internal apps for kitchen screens, phone order tracking, and staff scheduling. Plus a voice inventory app that works in English or Spanish.”
♫
Said on AI for Small Business
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