Readybit

About Readybit

This company offers remote fluid-level monitoring for chemical inventories, providing real-time data and alerts to prevent shortages and optimize supply chains. Their AI-powered analytics platform helps businesses forecast demand, manage inventory levels, and reduce waste in chemical management.

<problem> Many industries face challenges in efficiently managing chemical inventories, leading to stockouts, over-ordering, waste, and increased operational costs. Traditional methods often lack real-time visibility and rely on manual monitoring, making it difficult to optimize supply chains and prevent disruptions. </problem> <solution> Readybit offers a remote fluid-level monitoring solution that provides real-time data and AI-powered analytics for chemical inventory management. The IQ-1 Monitor utilizes radar sensor technology to accurately measure fluid levels in various containers, offering a touchless and contamination-free monitoring solution. The cloud-based platform allows users to access inventory data from anywhere, track historical usage, and receive timely re-order notifications based on business requirements. By integrating with ERP and CRM systems, Readybit streamlines operations, prevents stockouts, optimizes costs, and enhances overall efficiency in chemical management. </solution> <features> - Radar-based sensor technology for accurate, non-contact fluid level measurement - Wireless and easy-to-install device with a one-year battery life - Cloud-based platform for remote access to inventory data and historical usage tracking - Real-time monitoring of levels, usage, and ambient temperature - AI-powered analytics for demand forecasting and optimized inventory levels - Automated alerts for low levels, abnormal usage, tank refills, and potential issues - ERP and CRM integration for seamless order fulfillment and logistics - Customizable dashboards and reporting tools for tracking key efficiency metrics - Mobile-friendly web application for convenient access to analytics and alerts </features> <target_audience> Readybit's primary customers include chemical distributors, agricultural businesses, food and beverage manufacturers, dye and pigment producers, car washes, commercial kitchens, and other industries that rely on efficient chemical inventory management. </target_audience> <revenue_model> Readybit offers tiered platform plans, including the Essential Monitoring Service and specialized plans for distributors, with additional revenue potential through white labeling and CRM integration add-ons. </revenue_model>

What does Readybit do?

This company offers remote fluid-level monitoring for chemical inventories, providing real-time data and alerts to prevent shortages and optimize supply chains. Their AI-powered analytics platform helps businesses forecast demand, manage inventory levels, and reduce waste in chemical management.

When was Readybit founded?

Readybit was founded in 2022.

Who founded Readybit?

Readybit was founded by Matt Williams.

  • Matt Williams - CEO
Founded
2022
Employees
6 employees
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Readybit

Score: 40/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

This company offers remote fluid-level monitoring for chemical inventories, providing real-time data and alerts to prevent shortages and optimize supply chains. Their AI-powered analytics platform helps businesses forecast demand, manage inventory levels, and reduce waste in chemical management.

readybit.com300+
Founded 2022

Funding

No funding information available. Click "Fetch funding" to run a targeted funding scan.

Team (5+)

Matt Williams

CEO

Company Description

Problem

Many industries face challenges in efficiently managing chemical inventories, leading to stockouts, over-ordering, waste, and increased operational costs. Traditional methods often lack real-time visibility and rely on manual monitoring, making it difficult to optimize supply chains and prevent disruptions.

Solution

Readybit offers a remote fluid-level monitoring solution that provides real-time data and AI-powered analytics for chemical inventory management. The IQ-1 Monitor utilizes radar sensor technology to accurately measure fluid levels in various containers, offering a touchless and contamination-free monitoring solution. The cloud-based platform allows users to access inventory data from anywhere, track historical usage, and receive timely re-order notifications based on business requirements. By integrating with ERP and CRM systems, Readybit streamlines operations, prevents stockouts, optimizes costs, and enhances overall efficiency in chemical management.

Features

Radar-based sensor technology for accurate, non-contact fluid level measurement

Wireless and easy-to-install device with a one-year battery life

Cloud-based platform for remote access to inventory data and historical usage tracking

Real-time monitoring of levels, usage, and ambient temperature

AI-powered analytics for demand forecasting and optimized inventory levels

Automated alerts for low levels, abnormal usage, tank refills, and potential issues

ERP and CRM integration for seamless order fulfillment and logistics

Customizable dashboards and reporting tools for tracking key efficiency metrics

Mobile-friendly web application for convenient access to analytics and alerts

Target Audience

Readybit's primary customers include chemical distributors, agricultural businesses, food and beverage manufacturers, dye and pigment producers, car washes, commercial kitchens, and other industries that rely on efficient chemical inventory management.

Revenue Model

Readybit offers tiered platform plans, including the Essential Monitoring Service and specialized plans for distributors, with additional revenue potential through white labeling and CRM integration add-ons.

Readybit | StartupSeeker