AI-Powered Smart Inventory Management: Enhancing Efficiency Through Predictive Analytics and Automation

  • Muhammad Saqib Javaid
  • , Rimsha Chauhdary
  • , Aashir Waleed*
  • , Farhan Ahmad
  • , Muhammad Zubair
  • , Osama Tariq
  • *Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Traditional inventory management systems suffer from inefficiencies, manual intervention, and high error rates. This paper presents an AI-driven smart inventory system using QR code scanning, machine learning (Random Forest, Linear Regression), and predictive analytics for real-time stock tracking and sales forecasting. A Raspberry Pi 5 with webcams enables automated product scanning, achieving 99.2% accuracy with 0.9s latency. Out of the two models Random Forest model indicated higher R-squared of 0.89 compared to the Linear regression model with R-squared of 0.68. The system improves inventory efficiency by predicting demand trends and alerting users about low stock levels. Security measures include QR code authentication, role-based access control, and AES-256 encryption to protect inventory data. Compared to traditional systems and commercial solutions like SAP and Oracle, our approach is cost-effective, scalable, and suitable for small to medium-sized businesses. Future work includes API integration with e-commerce platforms and warehouse automation.

Original languageEnglish
Title of host publication2nd International Conference on Emerging Technologies in Electronics, Computing and Communication, ICETECC 2025
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9798331543389
DOIs
StatePublished - 2025
Externally publishedYes
Event2nd International Conference on Emerging Technologies in Electronics, Computing and Communication, ICETECC 2025 - Jamshoro, Pakistan
Duration: 23 Apr 202525 Apr 2025

Publication series

Name2nd International Conference on Emerging Technologies in Electronics, Computing and Communication, ICETECC 2025

Conference

Conference2nd International Conference on Emerging Technologies in Electronics, Computing and Communication, ICETECC 2025
Country/TerritoryPakistan
CityJamshoro
Period23/04/2525/04/25

Bibliographical note

Publisher Copyright:
© 2025 IEEE.

Keywords

  • AI
  • Inventory Management
  • Machine Learning
  • Predictive Analytics

ASJC Scopus subject areas

  • Computer Networks and Communications
  • Artificial Intelligence
  • Computer Science Applications
  • Electrical and Electronic Engineering

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