Former Tesla supply chain managers have launched Atomic, an AI-based inventory management platform to enhance supply and demand planning efficiency. With $3 million in seed funding, the company focuses on providing better tools for inventory planners, emphasizing the critical balance between supply and demand. Founders Neal Suidan and Michael Rossiter have firsthand experience of these challenges, aiming to reduce inventory costs significantly for users. Their software has reportedly helped clients lower their expenses by up to 50%, enabling data-driven decision-making in real-time scenarios.
Planners are the unsung heroes of consumer brands, holding together supply chains through spreadsheets and sheer force of will. But they deserve better tools.
If you have too much capital tied up in inventory, you could really harm the business. And if you have too little, where you don't have the right things in stock when the customer is ready to purchase, then you're costing yourself big time.
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