Client: First Brands Group LLC.CRIO (Customized Retail Inventory Optimization) is an AI-powered inventory management system that analyzes local vehicle registration data, historical sales patterns, and market trends to recommend optimal stock levels for auto parts retailers.
First Brands Group's retail partners were experiencing significant inventory inefficiencies — overstocking slow-moving parts while understocking fast-moving ones — leading to both capital tie-up and lost sales opportunities.
Developed an ML-based system that ingests local vehicle data to understand the car parc, combines it with sales history and demand forecasting models, and generates actionable inventory recommendations at SKU level.
Reduced overstock by 30%, decreased stockout incidents by 45%, improved inventory turnover by 35%, and helped retailers optimize cash flow by $2M+ annually.
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