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Netstock Unveils New AI Pack, Transforming Supply Chain Visibility and Decision-Making for SMBs

Jan 27, 2025 - financialpost.com
Netstock has launched its AI Pack, a new set of AI-powered capabilities within its Predictor Inventory Advisor platform, aimed at enhancing supply chain visibility and decision-making for small and medium-sized businesses (SMBs). The AI Pack offers features such as Dashboard Analyzer, Item Analyzer, Item Troubleshooter, and Report Explainer, which help SMBs optimize inventory management by providing real-time recommendations and solutions. This initiative addresses the challenges SMBs face in supply chain management, particularly those relying on outdated tools, by delivering accessible, accurate, and actionable AI-driven insights.

The AI Pack builds on the success of Netstock's Opportunity Engine, which has provided over 700,000 AI-driven opportunities since 2023. With over 2,400 customers in 67 countries, Netstock aims to empower SMBs to navigate supply chain complexities with greater agility and efficiency. The company emphasizes the importance of AI in overcoming barriers to adoption, such as data integrity concerns, and highlights the potential for AI to drive strategic growth and improve supplier relationships.

Key takeaways:

  • Netstock launched an AI Pack within its Predictor Inventory Advisor platform to enhance supply chain visibility and decision-making for SMBs.
  • The AI Pack offers features like Dashboard Analyzer, Item Analyzer, Item Troubleshooter, and Report Explainer to optimize inventory management.
  • Netstock's AI capabilities aim to simplify complex data and provide actionable insights, helping SMBs overcome supply chain challenges.
  • Despite AI's potential, adoption among SMBs is slow due to concerns about data integrity, with only 23% having invested in AI according to Netstock's Benchmark Report.
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