Optimised stock management for uncertain times
Fluctuating markets and the uncertainty of a global crisis like the COVID-19 pandemic are difficult challenges for food SMEs. This has inspired the Spanish meat company Carnicas Hicor to explore the development of a digital platform for real-time stock management and accurate production planning based on reliable forecasting of demand.
The OptiStock project will draw on AI technologies and classification algorithms to help manufacturers avoid under or over-production and ensure end-products are dispatched in order of their due date – improving quality control, food safety and traceability, minimising waste and boosting profits at the same time.
By equipping manufacturers to anticipate demand, OptiStock is also the way to high customer satisfaction and trust.
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Project title
OptiStock – smart platform to optimise stock and production management in the context of unstable market and demand fluctuation
Voucher type
Exploration
Lead SME
Carnicas Hicor S.L.
