Starting today, everything you know about inventory management reports, forecasting, and manufacturing is about to change for the better with the aid of Artificial Intelligence (AI).
Introducing: Fishbowl AI Insights
Fishbowl AI Insights is a new product from Fishbowl that gives you enhanced visibility into every corner of your inventory. After all, a fishbowl has no blind spots or hidden areas. It’s completely transparent. When you look into a fishbowl, you see the same thing from any angle. That has been our entire mentality in creating inventory management software at Fishbowl and now offering unprecedented AI tools.
With Fishbowl AI Insights, you’re able to see every aspect of your inventory data in new ways. That way, you can find exactly what you’re looking for. Imagine creating custom reports with ease, with the information you need to make critical purchasing and sales decisions. Armed with this information, you’ll be able to grow your business bigger and better than ever.
Game-changing innovation
While Fishbowl has launched many innovative products over the years, its latest one stands alone as a game-changer. AI is in the process of reshaping the business world, forever transforming how we do our work. And Fishbowl has joined that revolution with Fishbowl AI Insights – an advanced AI tool for building custom dashboards and reports, forecasting with incredible accuracy, and getting insights and recommendations to give businesses full control over their inventory.
Full report customization capabilities – no technical expertise needed
With Fishbowl AI Insights, Fishbowl users can build their own custom reports faster and easier than ever. You will have the ability to build custom reports when you want and how you want in Fishbowl, without having to wait for our team to build it for you.
Fishbowl AI Insights lets you customize each report in Fishbowl and gain detailed insights into your inventory data. What used to take weeks now takes a few minutes. And you can do it all by yourself.
Your own powerful AI assistant – Athena
Athena, your new AI assistant, allows you to obtain the data you require on a variety of subjects with a simple query, transforming the decision-making process with rapid, reliable insights. No other inventory management software or manufacturing software offers an AI assistant like Athena.
When you use Athena, you’re able to ask a question and find exactly the right report, dashboard, or business data insight you’ve been seeking. This is an invaluable tool when it comes to delving deeply into your inventory, warehousing, and manufacturing data. You’ll be able to spot trends and make dramatic improvements in the way you do business.
How AI helps with inventory management
Even with a powerful solution like Fishbowl, inventory management can be complex. Fishbowl AI Insights helps with finding, organizing, and making sense of your business data. It simplifies finding data through a set of pre-built dashboards containing the data businesses need to get control of their inventory. In addition, you get robust and easy to use custom report and dashboard creation capabilities, where you can find, customize, and pin the data you need. You don’t have to hunt through your data to find crucial bits of information. Instead, you let them come to you with this powerful AI tool.
To organize the data, Fishbowl AI Insights makes it easy. Storyboards are where you can save and view the reports you need to access daily. Say goodbye to the tedious manual process of putting data into spreadsheets.
To make sense of this data, Fishbowl AI Insights gives you insights, recommendations and predictive analytics to keep your business growing. If you’ve ever struggled to keep up with changing demand trends and min/max levels, those worries will be a thing of the past when you use Fishbowl AI Insights. It provides dynamic forecasts and purchase order recommendations that adjust to changing demand. And it can take into account the time of year and product lifecycle during this process. This leads to balanced inventory levels and optimal resource utilization.
How AI helps with manufacturing
Manufacturers, in particular, will enjoy a variety of benefits with Fishbowl AI Insights. You will gain immediate access to a wide array of pre-built dashboards, such as revenue summaries, sales trends, trending products, spend analysis, and suggested purchase orders. These dashboards show you how revenue is coming in and where you should be putting your resources. Identify top-selling products and start gearing up for additional manufacturing of them. And make sure you don’t run out of raw materials by having the AI plugin suggest specific ones to reorder. Your manufacturing business will run like a well-oiled machine with all the production insights you’ll glean from Fishbowl.
In addition, AI Insights recommends POs and WOs based on forecasts, open POs and WOs, current inventory, BoMs, and more to recommend purchase and work orders. With this, purchase order creation will be remarkably simpler and more flexible. Rather than setting up reorder points and having to modify them manually, you can use Fishbowl AI Insights to see smart suggestions on how to update them. It can even recommend when you should issue purchase orders. Then you’ll be able to accurately plan replenishments and ordering strategies with your vendors.
Through AI-powered recommended purchase orders, you can significantly reduce stockouts, optimize inventory levels across the board, and improve the customer experience by predicting what they intend to buy and always having it in stock.
A monumental change to inventory management
Fishbowl AI Insights is a monumental change to the way you manage inventory and manufacture products. It empowers you with advanced data analysis capabilities, enabling informed decision-making with comprehensive access to accurate and actionable data.
Like we said earlier, you’ll never look at inventory management reports the same once you use this generative AI tool for forecasting, manufacturing, and other critical tasks.
To learn more about Fishbowl AI Insights and the specific ways it can boost your business, click here.