AIBUILD Secures Over $2.3 Million in Funding for AI-Driven Multi-Warehouse Resource Planning Project
We are thrilled to announce that AIBUILD has been awarded over $2.3 million in funding through the Cooperative Research Centres Projects (CRC-P) program for our project: AI-driven multi-warehouse model for optimised enterprise resource planning (ERP). This project, in collaboration with the University of Melbourne and other industry partners, aims to transform how small and medium-sized enterprises (SMEs) handle their resource planning and inventory management.
Driving Innovation with AI
At AIBUILD, our vision is to create an AI ecosystem that empowers businesses across all industries. This project focuses on developing an affordable, AI-driven multi-warehouse ERP system that will allow SMEs to better adapt to rapid and unpredictable market and supply chain fluctuations.
Warehousing is a critical component of the Australian economy, especially given the country’s reliance on imports. However, current ERP solutions are often prohibitively expensive for SMEs and limited to single-warehouse management. Our project will build on AIBUILD’s existing ERP system by integrating AI-driven features for real-time demand forecasting and multi-warehouse management to optimise inventory distribution and cost efficiency.
These innovations will not only improve the competitiveness of SMEs but also enhance supply chain resilience and contribute to broader industrial growth and economic advancement across Australia.
Government Acknowledgment
We are incredibly grateful to the Australian Government for their support in awarding this CRC-P grant, which allows us to bring this ambitious project to life. This project received grant funding from the Australian Government, as part of a program that encourages industry-led collaborations to drive productivity, innovation, and sustainability.
A special thank you to The Hon Ed Husic MP, who announced the project and emphasized its potential for supporting SME growth and resilience.
Looking Ahead
This project represents a significant step forward for AIBUILD as we continue to develop AI solutions that deliver real-world impact. Our focus on creating adaptable, scalable solutions for SMEs underscores our commitment to supporting Australian industry and economic growth.
We are excited to embark on this journey with our partners and look forward to sharing further updates as the project progresses. For more information on how our AI-driven solutions can help transform your business, please reach out to us through our Contact Us page.