Solution

An aggregated requirement from all locations is compiled in the central server, along with real time stock availability of required products at each of the locations is retrieved by a backend algorithm. With this data and preset conditions, the algorithm has the capability to dispatch supplies to each location.

Places

This technology can be implemented in businesses with multiple locations. The system keeps logs on supply to daily dispatch schedules.

Need

Efficient management of the entire inventory and location wise view. Promotes efficient supply chain management. Data on inventory levels at locations, help in determining the demand for a particular product in a location. Having access to real time inventory levels can assist in raw material procurement, storage management, marketing initiatives etc.

Impact

This service increases stock accuracy rate to almost 100%. It also eases the process of locating the stock, by reducing the time required by 10%.