Smart Replenishment and Smart Capacity Solutions- Leon
Transportation & Storage
Information
https://www.scaleai.ca/funded-projects/smart-replenishment-and-smart-capacity/
Problem:
Inaccurate inventory management leading to overstocking or stockouts.
Inefficiencies in demand forecasting and warehouse space utilization.
Limited agility in managing inventory across a large retail network.
Outcomes:
Improved Inventory Accuracy: Reduced overstocking and stockouts through precise demand forecasts.
Optimized Warehouse Space: Enhanced space utilization and identified new 3PL opportunities.
Activities:
Demand Prediction:
Used AI to analyze historical and real-time data for accurate demand forecasting.
Autonomous Inventory Management:
Deployed Autonomous Mobile Robots (AMRs) tethered with drones for real-time inventory data collection.
Objective:
To optimize inventory management and warehouse efficiency for Leon’s, a retailer with over 300 locations, by leveraging AI-driven solutions.
Impact:
Increased Efficiency: Streamlined operations with automated, real-time data collection.
Cost Savings: Reduced labor costs and improved operational workflows.
