Summary of Innovation
Managing slotting algorithms in a spreadsheet is a labor-intensive and error-prone process, especially for warehouses with a high level of inventory coming in and going out. Synkrato’s slotting update, being launched at ProMat 2023, introduces a new algorithm that talks to digital twins to create an AI-driven warehouse.
Synkrato AI-driven slotting works in conjunction with a digital twin to select actionable data, perform simulations, and then provide on-going recommendations for each slot through a virtual warehouse interface. Eliminating spreadsheets and manual processes.
Innovation Statement
Synkrato AI-driven slotting connects with cutting-edge digital twin technology to continuously optimize material flow. Any inventory variation is immediately identified and analyzed using artificial intelligence.
Applicability
Synkrato's AI-driven warehouse simplifies complex slotting activities and supports an agile operations strategy to meet organizations' ever-changing needs. Attendees can reduce order preparation time and costs; optimize facility space based on product size, storage requirements, and demand patterns; implement optimal pick-up paths to eliminate warehouse congestion; test facility layouts; and perform storage analysis.
| Posted Date | 1/09/23 |
| Contact | Marta Call |
| Contact Email | marta.c[at]synkrato.com |
| Category | Best IT Innovation |
Submitted by Synkrato.
Booth(s): N6256