Ever wonder why that item you desperately wanted was out of stock online but sitting unsold on a store shelf across town? The culprit might be hiding in outdated inventory management systems that many retailers still rely on.
Modern retail demands seamless omnichannel experiences, but achieving this requires more than just slick customer-facing apps. Behind every successful retail operation lies sophisticated inventory management technology—the unsung hero determining whether products are available when and where customers want them.
In this enlightening conversation, OnePint.Ai's CEO Das Patithil and Chief Business Officer Anshuman Jaiswal reveal how their company is revolutionizing retail operations through AI-powered inventory management. They explain why many growing brands struggle with basic spreadsheet-based systems that worked during startup phases but become major liabilities as operations scale.
The discussion dives into three critical benefits of modern inventory systems: driving top-line growth by preventing stockouts, reducing fulfillment costs through optimized inventory placement, and improving cash flow by minimizing excess inventory. Beyond these tangible benefits, the experts highlight how AI applications in inventory management have evolved from basic forecasting to sophisticated decision-making systems that determine optimal inventory placement and automate critical supply chain decisions.
For retailers considering technology investments, Patithil and Jaiswal emphasize that inventory management systems represent foundational capabilities that enable all other retail technologies to work effectively. They warn about "the cost of doing nothing"—how delaying these crucial investments creates mounting operational challenges as businesses expand to more channels and markets.
Whether you're running a small D2C brand or managing a mid-sized retail operation, this episode offers valuable insights into how modern inventory technology can transform your business. Listen now to discover why smart inventory solutions powered by AI are no longer optional but essential for retail success.
Ep. 108 - Inventory Management in the Omnichannel Age
Revolutionizing retail operations through AI-powered inventory management
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