AI-Powered Smart Replenishment Strategies in SAP ERP

12 Pages Posted:

Date Written: December 07, 2024

Abstract

Abstract:

AI-powered smart replenishment strategies in SAP ERP aim to optimize inventory management, reduce costs, and improve operational efficiency by leveraging advanced artificial intelligence algorithms. By integrating AI into the replenishment process, SAP ERP systems can predict demand, automate stock levels, and dynamically adjust ordering cycles based on real-time data and historical trends. This results in more accurate stock levels, minimized stockouts, reduced overstocking, and improved customer satisfaction. The AI-driven system not only considers traditional factors such as lead time and order quantities but also adapts to evolving market conditions, seasonality, and unexpected disruptions. Through predictive analytics, machine learning, and deep learning models, businesses can make data-driven decisions, ensuring that they maintain the right balance between supply and demand. As industries shift toward digital transformation, AI-powered replenishment within SAP ERP is becoming a critical tool for enterprises seeking to enhance their supply chain resilience and drive sustainable growth.

Keywords:
AI, smart replenishment, SAP ERP, inventory management, predictive analytics, machine learning, supply chain optimization, demand forecasting, automation, operational efficiency, digital transformation, stock management.

Keywords: AI, smart replenishment, SAP ERP, inventory management, predictive analytics, machine learning, supply chain optimization, demand forecasting, automation, operational efficiency, digital transformation, stock management.

Suggested Citation

Ahmad, Salim and Heleen, Betty, AI-Powered Smart Replenishment Strategies in SAP ERP (December 07, 2024). Available at SSRN: https://ssrn.com/abstract=

Betty Heleen

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