Impactive AI's
Technology and Insights

Establishing Demand Forecasting KPIs for Successful Supply Chain Management

A Practical Guide to Solving Complex Inventory Management Challenges

A Demand Forecasting Checklist for Cash Flow Improvement

A New Paradigm for Demand Forecasting in Unpredictable Markets

Essential Data to Prepare Before Implementing Demand Forecasting

Practical Guide to Achieving Inventory Optimization and Cost Reduction

Tech

How to leverage price volatility for your business

Tech

Leveraging Unstructured Data to Improve Forecast Accuracy

A New Weapon for Conquering Uncertainty

Transforming Complex Forecasting Results into Easy-to-Understand LLM-Powered Reports

Dramatic Results: 14-49% Accuracy Improvement Depending on Data Inclusion

Recently, the use of AI technology in the pharmaceutical industry has been notable. It has achieved results that have been proven by specific figures, such as a 55.1% reduction in inventory costs and a 22.6% reduction in out-of-stock rates. In particular, it is notable that it predicted the number of patients with an accuracy of 96.5% and based on this, it predicted the sales volume of pharmaceuticals.

How did the AI demand forecasting system solve the chronic problems of the manufacturing site? And what changes did the site workers experience? This article contains vivid examples of how AI technology solved the problems of demand forecasting and inventory management that the manufacturing industry was struggling with.

Inventory management in the manufacturing sector has become a key factor in determining a company's competitiveness. The inventory management costs of global manufacturing companies account for an average of 32% of total operating costs, a trend that has been on the rise for the past five years.

Successful case of introducing AI inventory management in the manufacturing industry The inventory management method that relies on past experience and intuition is no longer competitive. The AI-based inventory management system can accurately predict demand by analyzing vast amounts of data in real time and automatically calculate the optimal inventory level.

Interview with CTO Jeong Hee-won

Interview with Sales Team Director Min Byung-joon

Interview with COO Park Jung-hyun

Interview with Jeong Doo-hee, CEO of IMPACTIVE AI

Interview with Researcher Yoon Jin-seop of IMPACTIVE AI Researcher

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