AI-based Supply Chain Planning for the Food Industry

Optiwiser A.I. Solutions offers an AI-based software solution for sales planning, inventory optimization, and production and purchasing planning that is specifically tailored to the needs of the food and beverage industry. This fully automated solution uses artificial intelligence (AI) and intelligent algorithms to determine precise demand forecasts, optimal inventory levels, and cost-efficient production quantities.

In the area of demand planning, the system uses AI technology that achieves a high level of forecasting accuracy for individual products based on their order patterns (seasonal, fluctuating, etc.) with various AI-models. The forecast then runs in an algorithm that ensures optimized inventory levels (fewer overstocks and stock-outs) and also determines the cost-optimal production and purchasing quantities based on various factors.

The solution is aimed at over 80% of companies that currently still use Excel or simple statistical tools in their ERP systems and thus do not exploit modern technological possibilities. These companies often struggle with inaccurate planning, leading to stockouts, high carrying costs, lost sales, late delivery penalties, and low service levels. 

Optiwiser's customers benefit from a fully automated tool that constantly improves itself, requires no customization, and works with the latest technology.

Optiwiser A.I. Solutions GmbH