Optimal Inventory Management, based on AI Forecasting
Project Idea Metadata
- Project Idea Name: Optimal Inventory Management, based on AI Forecasting
- Date: 4/14/2026 1:27:39 PM
- Administrators:
Project Idea Description
We propose a inventory and order management system based on AI, to minimize the overall inventory costs, accounting for both projected shortages and holding costs.
To achive this goal, the AI model will be composed by two parts: forecasting demand and inventory optimization.
We will simulate the decision taken by the system on the historical data of the company, to tune the compromis between the risk of shortages and the cost of holding.
We will simulate different inventory optimization policies, discussing their practical impact with the company.
The proposed techniques can scale up to several thousands of products.