Parts Analyzer AI
Make better inventory decisions with real-time insights on global activity, supply, demand and pricing for your parts. Millions of records are analyzed daily to put robust market intelligence and competitive data at your fingertips.
What’s the Problem:
Managing inventory effectively requires more than just knowing what's in your own stock; it demands insight into the global supply and demand landscape for specific parts.
When demand spikes or dips, without visibility beyond your ERP, you risk missing valuable opportunities, like selling your stock at a premium during competitor shortages.
Parts Analyzer addresses this gap, providing the comprehensive global market visibility you need, and giving you unprecedented competitive intelligence.
Solution Overview:
Parts Analyzer provides unparalleled visibility into global supply, demand, and anomalies for millions of parts, equipping you with the insights needed to optimize your own inventory and refine procurement strategies. With the insights from this tool, you can make data-driven decisions with confidence.
Solution Benefits:
Informed decisions:
Provides real-time global trends on price, demand, availability etc.
Accurate predictions:
System continuously updates data and refines its predictions.
Improves your agility:
Detects anomalies (price changes, recalls etc.) so you can react fast.
Strategic insights:
Insights to make strategic business decisions just in time.
Competitive:
Arms you with industry-wide competitive intel others don’t have.
How it works:
ePlaneAI scours the Internet looking for every reference to the part numbers you care about. It retrieves billions of records per week for more than 300,000 common parts.
- Integrates data from multiple sources into a holistic view of part number activities.
- Uses advanced forecasting models for both short-term and long-term trend analysis.
- Self-optimizes by continuously adjusting model parameters to improve prediction accuracy.
- Employs real-time monitoring and back-testing to validate forecasts against actual outcomes.
- Detects anomalies and flags deviations for further investigation using self-learning algorithms.
Deployment Options:
Parts Analyzer has the potential to offer massive efficiencies and improved cashflow.
It can be deployed stand alone or integrated with Inventory AI.
When combined with Inventory AI it helps you refine demand forecasts and improve accuracy by an additional 10-15% on top of existing optimizations. Which can lead to even lower stock levels, without compromising critical AOG part availability.
Book a call to see how Parts Analyzer could give you the market intelligence you are missing.