Wyz launches Smart Stock to improve tyre stock management
JOURNAL DU PNEUMATIQUE by Charlotte Morvan
Wyz Group has partnered with Bamboo Rose to launch Smart Stock, a tyre stock optimisation solution based on data analysis using artificial intelligence. The tool aims to better anticipate stock-outs, limit overstocking and improve product turnover.
Faced with increasingly complex inventory management, Wyz is launching Smart Stock with Bamboo Rose, a global player that manages over $2 trillion in turnover via its platforms and has more than 50,000 business users worldwide. The tool draws on sales and order history to improve the accuracy of forecasts and adjust stock levels.
“Having the ability to stock the right tyre, at the right time, with the right brands, in the right quantity and, indirectly, at the right price, is a major challenge,” says Pierre Guirard, Chairman of Wyz Group.
Wyz Smart Stock is an operational management tool. The solution cross-references various data (tyres, vehicles, sales history), as well as external information streams such as weather, seasonal peaks or specific sales campaigns, to better reflect market realities. It then offers concrete recommendations through three functions: analysis, recommendation and order preparation.
‘With Wyz, we have found a partner who fully understands the business and operational challenges of the tyre industry. Wyz Smart Stock fully embodies our vision of artificial intelligence: a useful, practical technology that informs decisions and quickly generates value,’ explains Clément Guillon, Managing Director of Bamboo Rose.