The consumer products industry is adopting AI

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Today, 22% of consumer products software is augmented by AI. That use is projected to double by 2025. It’s not just a trend—industry professionals are increasingly realizing AI’s potential to optimize how they meet their business goals.

Common challenges in the consumer goods industry:

  • Items going out of stock
  • Sensing demand
  • Determining optimal trade spending and margins

Demand Forecasting

Accurate demand estimations are vital to every business. Upgrades to AI-generated demand forecasts translate to better production planning.

Smart Inventory

In a fast-moving industry, AI-powered sales predictions reduce instances of stock-outs and excess inventory.

Warehouse Labor Planning

Data-driven insights assist in the development of optimal work schedules.

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