Karl Swensen on LinkedIn: Pull Logic | Solving the $1.8 Trillion Inventory Distortion Problem (2024)

📢 Retailers & Brands, are you ready to tackle a $1.8 TRILLION problem? That's the annual cost of inventory distortion – the silent profit-killer lurking in your stockrooms. 🔍 In our latest blog post, we uncover the hidden costs of this pervasive issue: missed sales, endless markdowns, and frustrated customers. 🏆 It doesn't have to be this way! We'll explore the root causes of inventory distortion and reveal how a data-driven approach can transform your inventory management. 📈 Want to boost sales, lower costs, and create a more sustainable business? Join me as we dive into this trillion-dollar problem and uncover solutions to revolutionize your bottom line. 🤝💰🔗 Read the full blog post here: https://lnkd.in/eX3MfXZZ🎧 Don't miss the hashtag#Pulllogic podcast with Joe Lynch ★ The Logistics of Logistics for even more insights on inventory optimization! https://lnkd.in/eYCs6mjrhashtag#inventorydistortion hashtag#retail hashtag#supplychain hashtag#ecommerce hashtag#sustainability hashtag#data hashtag#AI hashtag#parscore

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🚀 Breakthrough in Inventory Management! 🚀🔍 Ever faced the frustration of an "Out of Stock" sign? For brands and retailers, it's a costly problem known as inventory distortion, costing global companies a staggering $1.8 trillion annually. Research from Georgia Tech shows that Pull Logic helps companies optimize inventory and reduce unproductive stock. The breakthrough PAR (Product Availability Readiness) score uses advanced algorithms to predict demand accurately, leading to:📈 Up to 30% revenue increases📉 Up to 50% reduction in unproductive inventoryBacked by investors like Silicon Road Ventures and Fintech Ventures Fund, Pull Logic is set to transform inventory management in our post-COVID world. 🚀 With fresh seed funding, Pull Logic is ready to expand its platform and grow customer relationships.Pull Logic Georgia Institute of Technology Hypepotamus Silicon Road Ventures Fintech Ventures Fund Pax Momentum Benoit Montreuil Jim Waters Taresh Groverhttps://lnkd.in/eaQJNstD

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I'll be at the RICE Conference in Chicago - come visit us at booth #402 in Innovation Lab!

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It was great seeing old friends / colleagues at this event, plus new connections from across North America and Europe - I'll be back next year !

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I wanted to personally thank the investors who share in our vision and have provided the financial support to grow Pull Logic. We look forward to great things, and the team is excited about our next phase!

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I'm attending Supply Chain USA 2024 (22-23 May). Join me on May 22.

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Our team has helped companies to reduce "lost sales" and "unproductive inventory" by a wide margin. Feel free to contact me to learn more. #ai #inventory #inventory_optimization #supplychain

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Proud to represent Pull Logic at the Technology Association of Georgia event held World Congress Center in Atlanta recently. We were awarded as a "Top 40" technology startup in the state of Georgia. Enjoyed the speech by Governor Kemp. #supplychain #inventorymgt #inventory_management #ai #pulllogic

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