ThroughPut.AI has launched new AI-powered inventory management features to increase revenue, optimize costs, boost profitability, grow customer satisfaction, and advance market competitiveness.

The new capabilities include inventory projection, predictions, and recommendations for near-, short-, and mid-term periods, enabling businesses to minimize overstocking and stockouts. Key features include preventing supply disruptions, dynamic order recommendations, stock rebalancing across locations, supplier collaboration tools, dynamic replenishment recommendations, and seasonal demand planning.

ThroughPut.AI claims that the new features give businesses visibility and actionability into current and future demand, inventory levels, and cost improvement opportunities. This is claimed to enable companies to accurately and dynamically balance stock to ensure demand fulfillment while maximizing inventory ROI across locations, product lines, and distribution channels.

Analyst QuickTake: Inventory management has been a key area of interest for ThroughPut.AI during the recent past. Earlier, in May 2024, the company launched new AI capabilities for working capital management, which specifically focused on effective safety stock management and omnichannel order fulfillment. The latest release complements the previous product update, offering a more holistic solution for inventory management.