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Peak launched a performance guarantee for inventory availability, enabling businesses to forecast, order, and balance optimal stock levels across a network.
“On average, Peak’s inventory customers see a stock holding reduction of 20 per cent whilst increasing availability for their customers,” says Richard Potter, CEO and co-founder at Peak. “With almost a decade’s experience developing and deploying AI, this performance guarantee demonstrates the maturity of Peak’s product and provides our customers with the assurance that optimizing their inventory with AI doesn't have to come at a higher risk. In a time of unpredictability, Peak offers welcome stability for businesses looking to transform their operations with AI.”
Key takeaways:
- With the performance guarantee, Peak will reimburse the cost of the customer’s artificial intelligence (AI) application if the overall availability for products across their network falls below an agreed rate over the course of the guarantee period.
- The performance guarantee is particularly important for organizations looking to reap the benefits of AI without the perceived risk that new technology brings.
