Success Story: Kudos

Challenge:

Kudos’ Chief of Staff, Ilan Tagger, was overwhelmed by the messy and time-consuming nature of inventory management. This included forecasting, tracking, planning, and ordering inventory – relying heavily on Excel, which caused Ilan to waste a significant portion of his week on these tedious day to day tasks.

“I was spending countless hours crunching data, forecasting in Excel, planning production, and submitting purchase orders and shipments in QuickBooks. It was not only time-consuming but also prone to errors.” Ilan Tagger, Chief of Staff

Solution:

Ilan sought a more efficient way to manage inventory and was introduced to EverX, who presented their new concept of an AI Inventory Agent. The Agent now runs in the background – making day to day inventory decisions based on Kudos’ business rules, anticipating and mitigating out of stock and overstock risks, and sending real-time alerts for late fulfillments that could jeopardize their customer experience. The implementation was straightforward, requiring minimal involvement from Kudos, and seamlessly integrated with the company’s tech stack.

“EverX provided a smart and automated solution that allowed us to input our business plan, cashflow and vendor rules, making it possible to pressure-test. The setup was seamless, requiring minimal effort on our part, and it integrated perfectly with our tech stack.” Ilan Tagger, Chief of Staff

Results:

With EverX, Kudos has successfully optimized its inventory management, ensuring better cash flow and maintaining high service levels for customers. Ilan reports that the streamlined operations have enabled Kudos to continue its growth trajectory without the burden of a larger team to manage the supply chain. The use of EverX has not only saved time and reduced workload but also provided the necessary insights to maintain and improve Kudos’ operational efficiency and customer satisfaction.

“The operational efficiency we’ve gained with EverX has been incredible. Their AI Agent manages our day-to-day inventory while keeping us fully in control through proactive issue detection. The time saved and peace of mind allow me to focus on driving the company forward.” Ilan Tagger, Chief of Staff

Benefits:

• Increased Cash Flow
• Reduced Stock-Outs
• Reduced Logistics Costs
• Time Savings