DELIUM TECHNOLOGIES

Our Philosophy: Self-driving enterprises is what we strive to enable via machine learning and artificial intelligence. We see AI for all sectors an opportunity to better lifestyle and not a challenge. AI when done right can drive the much required reskilling in today's economy thus improving quality of work-force, better use of natural intelligence and razor-sharp tactical operations. The Problem: For a retail business, the age-old art of managing an efficient inventory has been the challenge t... o solve, the more optimal and lean the inventory, the more profitable and flexible the business. Traditional inventory models for all business sizes have existed for ages are all man/rule driven. Let's take an example: A retail supermarket chain with 200 stores, 10K SKU per store spends 120K man-hours a year on tactical replenishment planning. Even with the help of existing tools do they get it right? Almost every supermarket loses about 6-8% of its revenue to stock outs and holds inventory in the excess of 40 days. The Eye uses machine learning to autonomously infer, drive and retrospect on variables that affect inventory thus reducing locked up cap by 20%, cut time man hours on tactical by more than 90% and thus in the process making a business truly self-driven.More