Smart Inventory Management: Leveraging Robotics and AI

Sakthivel Velusamy, Ravi Samikannu, Dhanasekaran Pachiyannan, S. Vinoth Kumar

Abstract


Smart inventory management systems leveraging robotics and AI are revolutionizing the retail sector by enhancing accuracy and efficiency. This paper explores the methodologies and technologies behind these systems, focusing on their applications in stock tracking, demand forecasting, and replenishment processes. Through case studies, the paper highlights the benefits of implementing smart inventory management solutions, including reduced operational costs, improved inventory accuracy, and enhanced responsiveness to market changes. Additionally, challenges related to technology integration, data quality, and employee training are discussed.

Keywords


smart inventory management, robotics, AI, retail.

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