AI in Supply Chain: Inventory Management & Forecasting
Transform your supply chain with AI-driven inventory and demand forecasting solutions.
Why AI-Powered Inventory and Forecasting Matter
Efficient inventory management is crucial for keeping costs low and profits high. Mismanaging stock leads to overstocking, stockouts, and lost sales, directly impacting the bottom line. Accurate demand forecasting can be equally challenging, often plagued by uncertainties and market volatility.
AI technology offers a game-changing solution to these challenges. By analyzing historical data and market trends, AI can predict demand more accurately, allowing businesses to optimize their inventory levels. This leads to reduced holding costs, minimized wastage, and improved customer satisfaction by ensuring product availability.
AI's role in inventory management and demand forecasting is set to grow, offering businesses data-driven insights and efficiencies that were previously unimaginable. Adopting AI solutions is becoming a strategic imperative to stay competitive in the evolving supply chain landscape.
Why Choose Licode for AI Solutions
Building AI apps for inventory management and demand forecasting requires a platform that’s both powerful and accessible. Licode is designed to help businesses quickly develop AI-driven solutions without coding expertise, empowering everyone from supply chain managers to marketers.
Licode's mission is to democratize app development. By enabling non-technical users to build AI solutions, it lets businesses harness AI to future-proof their operations against market dynamics and technological advances.
With Licode, you can create an app interface, customize AI models from seven advanced LLMs, and manage data efficiently. Licode also automates backend workflows with a visual builder, helping you refine and iterate solutions as market needs evolve.
Why use Licode
Perks of Using Licode for Your AI App
User-Friendly
Easily design and deploy AI apps without needing any technical skills or coding knowledge.
All-in-One Features
Licode provides built-in databases, custom AI models, and workflow automation all in one platform.
Integration Flexibility
Seamlessly integrate your AI app with existing tools via API or embed it directly on your website.
Steps to Build Your AI Inventory App
- Create an account on Licode to start building your AI app. Registering is quick and sets you up to explore the platform's features.
- Prepare your data resources such as historical sales data in CSV format. Ensure your data is clean and well-organized for optimal AI model training.
- Design your app's interface. Use Licode's intuitive builder to create a user-friendly interface for your app, ensuring accessibility for all stakeholders.
- Customize your AI model by selecting from advanced LLM options and tailoring it to your specific inventory and forecasting needs.
- Add additional features like automated notifications or inventory alerts to enhance your app’s functionality.
- Launch and market your app. Once built, utilize marketing strategies to introduce your app to users and maximize its reach and impact.
Enable AI in your app
Licode comes with built-in AI infrastructure that allows you to easily craft a prompt, and use any Large Lanaguage Model (LLM) like Google Gemini, OpenAI GPTs, and Anthropic Claude.
Supply knowledge to your model
Licode's built-in RAG (Retrieval-Augmented Generation) system helps your models understand a vast amount of knowledge with minimal resource usage.
Build your AI app's interface
Licode offers a library of pre-built UI components from text & images to form inputs, charts, tables, and AI interactions. Ship your AI-powered app with a great UI fast.
Authenticate and manage users
Launch your AI-powered app with sign-up and log in pages out of the box. Set private pages for authenticated users only.
Monetize your app
Licode provides a built-in Subscriptions and AI Credits billing system. Create different subscription plans and set the amount of credits you want to charge for AI Usage.
Accept payments with Stripe
Licode makes it easy for you to integrate Stripe in your app. Start earning and grow revenue for your business.
Create custom actions
Give your app logic with Licode Actions. Perform database operations, AI interactions, and third-party integrations.
Store data in the database
Simply create data tables in a secure Licode database. Empower your AI app with data. Save data easily without any hassle.
Publish and launch
Just one click and your AI app will be online for all devices. Share it with your team, clients or customers. Update and iterate easily.
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Don't take our word for it
I've built with various AI tools and have found Licode to be the most efficient and user-friendly solution. In a world where only 51% of women currently integrate AI into their professional lives, Licode has empowered me to create innovative tools in record time that are transforming the workplace experience for women across Australia.
- Cheyanne Carter
Founder @ Divergent Education
Licode has made building micro tools like my YouTube Summarizer incredibly easy. I've seen a huge boost in user engagement and conversions since launching it. I don't have to worry about my dev resource and any backend hassle.
- Andre Dean Smith
Founder @ ScreenApp.io