What’s your problem statement?

SaaS Platform - Hyperlocal has taken off in India, but demand prediction remains a challenge. Can AI help with inventory management.

The problem Spacify solves

• It allows for centralized or static businesses to build a hyperlocal business model without requiring heavy financial with our Pay As You Go Model; Clients are only required to pay for the storage they require, and not be forced to acquire entire dark warehouses in multiple locations.
• It allows for clients to skip the managemental load that comes with a hyperlocal business model, allowing them to focus on their products, while seamlessly integrating with our services to handle warehousing, strategic and dynamic inventory management, and tackle multiple localities.
• It provides AI driven insights on each product at each warehouse, giving an in depth demand analysis, helping prepare, stock up, or transfer stocks or units without running into loss or waste. Additionally, in depth performance analysis reports complete with trend analysis, forecast insights and suggestions are prrovided to clients on a Bi-Weekly/Monthly basis.
• People with warehouses, small storage units, or shops with extra space, can all register with us as rental warehouses, allowing them to find clients and generate a stable income, while providing us with expansion at a much rapider pace.

Challenges we ran into

• Creating a profitable business model in an already dominated space where almost every feature has been perfected by the big players.