From correspondents in Maharashtra, India, 05:18 PM IST

Intelligent Business Systems (IBS), the Artificial Intelligence (AI) based Business Competitiveness Solutions firm, today announced the launch of Shadow, its Intelligent Inventory Management System, providing small and medium enterprises with an efficient and secure way to manage their inventory. It is especially targeted at distributors, dealers, wholesalers, retailers, warehouse owners, traders and small scale manufacturers. Shadow would also work well in shopping malls, large department stores, or even small shops keen to professionalize inventory handling.

Shadow from Intelligent Business Systems (IBS) enables a high level of decision automation, which ensures that inventory control is optimised for as positive impact on the bottom line. It also assists in the advance forecasting of sales, thus enabling effective inventory decisions on the basis of the probable lead time in obtaining items, and careful monitoring of dispatches in order to meet delivery deadlines—parameters that would be impossible to track manually with any reasonable degree of success.

Shadow, the Intelligent Inventory Management System, offers everything one needs to manage inventory efficiently and cost-effectively. The software has been designed using modern, state-of-the-art approaches to inventory management, including just-in-time stocking principles backed by sophisticated analytics. All the routine requirements of standard inventory management have been incorporated into Shadow, and in addition it has several intelligent features for optimisation of inventory control. Shadow automatically affixes date and time stamps to every transaction, thus allowing special analysis to streamline inventory control; this also serves as a useful input for other systems.

“Using Shadow one can make decisions for tweaking the supply chain as it provides all the statistical analysis one needs to optimise inventory management” said Dr Kaustubh Chokshi, CEO of Intelligent Business Systems. “Shadow offers true business intelligence functionality, enabling users to create a real-time, onscreen “dashboard” display of the most important inventory-related parameters they wish to track or be alerted about.”

He added, “There are robust security features and usage logging in Shadow to ensure that the safety and integrity of the data is maintained at all times. The automated backup ensures that recovery of data is simple and painless in the event of unexpected breakdowns or malfunctions.”

While Shadow is targeted at the small and medium enterprise, it is completely scalable and can be upgraded for higher usage levels if required. Ease of use and complete flexibility have been among the key considerations in the design of Shadow.

Source: Press Release Distribution via India PRwire