Dylan Hoback
Accu-Tube
My Praxie analytics software transformed our operations, enabling data-driven decisions and streamlining our manufacturing process.
AI-Powered Inventory Management
Replace spreadsheets, manual counts, and reactive expediting with AI that tracks stock in real time, forecasts what each part will need, flags shortages and excess early, and keeps production supplied.
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Customer Success Stories
Dylan Hoback
Accu-Tube
Jason Carpenter
Environmental Pest Management
With Praxie, I found a way to take what was in documents and spreadsheets and provide my team with a visual application environment to drive our strategy with full accountability.
Elizabeth Pridham
Perfection Fresh
Praxie dramatically improved our process through digital transformation. We now have visibility and can drive decisions at a fraction of the time.
Scott Russell
NUCOR Vulcraft
I would heartily recommend the Praxie team to any organization seeking to seriously undertake a lasting and successful innovation process.
Mike Bainbridge
Dover Food Retail
Our MFG Ops application greatly improved our daily management initiatives. It is easy to see how we are doing, identify issues, and track improvements—no matter where we sit.
Jeff Piotrowicz
ChemLink
With Praxie we've created a way to report on complex projects that gives management full visibility. Executives have visibility to projects, assignments, and more at their fingertips.
Maureen Thompson
American Nurses Association
Our Praxie App makes it easy to track progress on strategic objectives across the organization and includes an executive-level dashboard with real-time reports to the board on key initiatives.
Tom Anderson
Springfield Armory
Praxie is used every day to track and analyze every aspect of production, quality, safety, and more. We improved quality by 10%.
Peggie Pelosi
Innovators Alliance
Almost overnight, Praxie created a customized solution for our 100 member organizations across Canada to drive strategy and innovation.
Kate Merton
Anthem
Praxie's innovation solution stood out from other options because it can be customized so quickly to fit our exact process requirements. Plus, it is incredibly easy to use and manage.
Inventory Management Is Complex - AI Can Help
Stop fighting stockouts, excess inventory, and disconnected spreadsheets. Praxie’s AI-powered inventory management brings demand, supply, purchasing, production, warehouse activity, and inventory policies into one secure, shared workspace. With real-time visibility, predictive alerts, and AI-driven recommendations, teams can rebalance inventory, protect service levels, and reduce working capital tied up in stock.
25–40% less manual inventory work
10–30% reduced inventory levels
10–25% improved throughput
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Demand Forecasts & Orders
2
Service Levels & Priorities
3
Warehouse Capacity
4
Labor Availability
5
On-Hand Inventory
6
Reorder Points & Safety Stock
7
Inventory Exceptions
AI Inventory
Engine
8
Item Masters & Locations
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WIP, Finished Goods & MRO
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Lot Sizes / MOQ Constraints
11
Supplier Lead Times
12
Quality Holds & Scrap
13
Cycle Counts & Audits
14
Expedites / Demand Spikes
Why it’s difficult
Inventory is not a simple count of what is on the shelf. It is a living system where demand, supply, lead times, quality, and policies constantly change.
Many inventory signals interact at onceDemand, orders, suppliers, warehouses, inventory policies, and item constraints all collide.
Supply and demand change in real timeLate shipments, demand spikes, substitutions, quality holds, and cycle count variances require constant action.
One change can impact the whole inventory planA supplier delay or demand spike can trigger stockouts, excess buys, and service issues across multiple locations.
AI Optimized Inventory Plan
StockDemandSupplyRiskActionResult
SKU A-100
SKU B-245
SKU C-390
SKU D-510
SKU E-820
Balanced stock levels
Higher service levels
Lower carrying costs
Faster replenishment
AI-Powered Inventory Management: Jobs to Be Done
Instead of a feature dump, Praxie organizes inventory capabilities around the real work supply chain, materials, warehouse, and operations teams need to accomplish every day.
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See every item
Unify inventory data across ERP, WMS, spreadsheets, suppliers, and locations so teams know what they have and where it is.
- Real-time inventory visibility by SKU and site
- ERP, WMS, purchasing, and supplier integrations
- Lot, serial, bin, and location tracking
- AI search across structured and unstructured records
Outcome: teams work from one trusted inventory view instead of disconnected reports.
2
Balance stock levels
Use AI to right-size inventory by comparing demand, lead times, service levels, usage patterns, and carrying costs.
- Demand forecasting and consumption analysis
- Safety stock and reorder-point recommendations
- Excess, obsolete, and slow-moving inventory alerts
- ABC segmentation and inventory policy optimization
Outcome: teams reduce excess inventory while protecting service levels.
3
Replenish before stockouts
Detect shortages early, prioritize replenishment, and trigger the right actions before missing materials disrupt production or customers.
- Low-stock, stockout, and shortage risk alerts
- Purchase order and transfer recommendations
- Supplier lead-time and delivery-risk monitoring
- Workflow automation for approvals and expediting
Outcome: planners act before inventory gaps become missed orders or production delays.
4
Improve every cycle
Turn inventory history, exceptions, counts, supplier performance, and AI recommendations into repeatable improvement actions.
- Cycle count variance and root-cause analysis
- Inventory turns, fill-rate, and service-level trends
- AI summaries, recommendations, and projects
- Continuous improvement tracking by site and item
Outcome: every inventory cycle becomes a learning loop for better working capital and service.
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See what is available
2
Balance stock policies
3
Replenish before shortages
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Improve the next cycle
Real-Time
Inventory Visibility
Inventory Visibility
Higher Inventory
Accuracy
Accuracy
Less Excess
Stock
Stock
Fewer
Stockouts
Stockouts
ROI of Moving from Excel-Based Inventory Management to AI-Powered Inventory Management
A simplified view of how manufacturers move from spreadsheet-based inventory tracking to connected AI inventory management that improves visibility, reduces shortages, lowers excess stock, and helps teams act before problems disrupt operations.
1
Traditional Excel Inventory Management
Manual spreadsheetsCycle counts, inventory levels, and reorder lists become hard to trust.
Stockouts and excessTeams carry too much of some items while critical parts run short.
Siloed visibilityDemand, purchasing, supplier lead times, and production plans are disconnected.
Hidden costCash is tied up in inventory, while expedites and downtime erode margin.
2
Transition to AI-Powered Inventory
Connected inventory data + demand signals + automated replenishment intelligence
3
AI-Powered Inventory Management
Right stock, right placeRecommended min/max levels, reorder points, and replenishment actions.
Dynamic replenishmentPlans update as demand, lead times, and production priorities change.
Exception alertsAI flags shortages, slow movers, obsolete stock, and supplier risks.
Smarter decisionsDashboards, inventory health scores, and AI recommendations.
Key ROI Elements
60%
Less Time Managing Inventory
Manual updates, reconciliations, and spreadsheet reviews drop dramatically.
25%
Lower Excess Inventory
Inventory levels align more closely to actual demand and usage.
30%
Fewer Stockouts
Better forecasting and alerts reduce material shortages.
20%
Lead Time Improvement
Earlier supplier risk visibility supports faster action.
Less
Working Capital Tied Up
Cash is freed by reducing excess, obsolete, and slow-moving stock.
Higher
Service Levels
More reliable material availability improves production and customer commitments.
Business Impact: less manual inventory work, fewer shortages, lower excess stock, improved cash flow, and stronger delivery performance.
How Praxie Compares for AI-Powered Inventory Management
A simple view of the inventory management landscape — and why Praxie delivers more visibility, automation, and agility for manufacturers and supply chain teams.
Spreadsheets &
Manual Counts
- Manual inventory updates
- Slow cycle counts
- Limited stock visibility
- Higher risk of stockouts
- Hard to maintain accuracy
ERP / MRP
Inventory Modules
- Connected to core transactions
- Often rigid item workflows
- Limited predictive insight
- Slow to customize
- Heavy change management
Traditional
WMS Tools
- Strong warehouse execution
- Good receiving and picking
- Can be complex to deploy
- Often warehouse-specific
- Less focused on AI decisions
Point
AI Tools
- Useful for narrow predictions
- Adds isolated automation
- Limited operational context
- May require stitched systems
- Less end-to-end control
★ BEST FIT
Praxie
AI-Powered Inventory
- Flexible AI inventory workspace
- Real-time stock visibility
- Connects ERP, WMS, MES, demand & suppliers
- Alerts, dashboards & workflow automation
- Faster deployment, lower complexity
Inventory visibility
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Real-time replenishment
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✓
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AI-driven recommendations
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✓
✓
Cross-functional workflow support
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✓
Speed to deploy
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✓
Ease of adapting to change
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Why Praxie
Stands Out
Stands Out
More flexible than rigid ERP inventory modules
Far more automated than spreadsheets and manual counts
Broader than narrow AI forecasting or reorder tools
Faster to deploy than heavy WMS transformation projects
FAQ: AI-Powered Inventory Management
Clear answers to the most common questions manufacturers and supply chain teams ask when moving from manual inventory tracking and static reorder rules to adaptive AI-powered inventory management.
1
How does AI improve inventory management — and can I trust the recommendations?
Answer: The AI analyzes demand signals, supplier performance, lead times, stock levels, usage patterns, and exceptions to recommend smarter reorder points, safety stock levels, and replenishment actions. Recommendations are explainable, so teams can see why inventory changes are suggested and stay in control.
2
Will this help reduce stockouts and excess inventory at the same time?
Answer: Yes. AI-powered inventory management helps balance service levels and working capital by identifying where inventory is too low, too high, slow-moving, obsolete, or at risk. Instead of relying on static rules, the system adapts as demand, lead times, and supply conditions change.
3
How much manual tracking, spreadsheet work, and expediting can this eliminate?
Answer: A significant amount. The AI automates inventory monitoring, exception detection, reorder recommendations, shortage alerts, and prioritization, helping teams spend less time reconciling spreadsheets and more time acting on the inventory issues that matter most.
4
What happens when demand, supplier lead times, or production priorities change?
Answer: The system continuously recalculates inventory risk and recommended actions. When demand spikes, lead times slip, or production priorities shift, the AI flags the impact, updates replenishment recommendations, and helps prevent shortages before they disrupt operations.
5
Is this better than spreadsheets, ERP inventory reports, or standard min/max settings?
Answer: Yes. Spreadsheets and static ERP reports often show what happened after the fact. AI-powered inventory management is more dynamic, predictive, and exception-driven, giving teams live visibility into inventory risk, root causes, and recommended next actions.
Bottom line: AI-powered inventory management helps teams reduce shortages, lower excess stock, and make faster replenishment decisions without giving up control.
Real Customers Achieving Real Results
