Cin7, the industry-leading provider of inventory and order management software, has announced the expansion of its innovative AI forecasting capabilities through the introduction of Cin7 ForesightAI. This embedded feature empowers product sellers to enhance their inventory and order management systems with intelligent predictions and optimizations, following Cin7’s recent acquisition of Inventoro.
1. Enhanced Forecasting with ForesightAI
- Powerful AI Engine:
- Cin7 ForesightAI leverages a proprietary AI engine to forecast demand with exceptional accuracy months in advance.
- This capability enables sellers to maintain optimal stock levels while eliminating overages.
- Comprehensive Inventory Management:
- Cin7 has long provided multi-channel sales tracking, order fulfillment, accounting, warehouse management, and manufacturing solutions.
- The integration of ForesightAI adds predictive views, actionable insights, and auto-replenishment features.
2. Revolutionizing Inventory Management
- Dynamic Solutions:
- “ForesightAI revolutionizes inventory forecasting by leveraging advanced algorithms to provide highly accurate recommendations for stock management, promotion planning, and production workflows,” stated Josh Fischer, VP of Product Management.
- Unlike traditional tools, ForesightAI optimizes inventory, marketing spend, and pricing strategies, enabling businesses to make smarter, more profitable decisions.
- Transformative Impact:
- This expansion marks the beginning of a transformative AI-driven evolution in inventory management systems.
3. Support for Small-to-Medium Businesses
- Positive Customer Feedback:
- Since its launch, ForesightAI has supported several hundred small-to-medium businesses (SMBs).
- Brian Higgins, Managing Director at ABC School Supplies, commented, “Cin7 ForesightAI is a game changer. No more guessing, waiting on stock outs – we’re ahead of the game all the time.”
The launch of Cin7 ForesightAI enhances the company’s commitment to providing cutting-edge inventory and order management solutions. By integrating advanced AI forecasting capabilities, Cin7 empowers businesses to optimize their stock management processes, improve decision-making, and stay ahead in a competitive market.
