Resourcly provides a shared inventory operating system for manufacturers that utilizes AI to analyze product data and facilitate cross-collaboration. This technology enables companies to source existing materials, resell excess inventory, and reduce waste, thereby improving working capital and cash flow.
Funding
$120K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
EIFounders
Product
Problem
Manufacturers often struggle with fragmented inventory visibility across different systems and locations, leading to inefficient sourcing, excess waste, and reduced working capital. Lack of transparency into available materials hinders internal reuse and external resale opportunities, contributing to financial losses and environmental impact.
Solution
Resourcly offers an AI-powered shared inventory operating system that connects and analyzes product data across manufacturing organizations, promoting cross-collaboration and circular economy principles. The platform provides a centralized view of inventory, enabling companies to identify and source existing materials internally before purchasing new ones. Resourcly also facilitates the resale of excess inventory to other manufacturers, preventing scrap and improving cash flow. By leveraging AI and semantic search, the system identifies optimal matches for sourcing and resale opportunities, streamlining decision-making between procurement, engineering, and quality control teams.
Target Audience
Resourcly primarily targets industrial manufacturers seeking to improve working capital, reduce waste, and build more resilient, circular supply chains.
Features
- Automated material master data cleansing and enrichment for improved data quality
- Semantic search capabilities for finding specific materials and alternative products
- AI-powered recommendations for reducing, sourcing, and reselling inventory
- Secure and customizable shared inventories with privacy-enabled data sharing
- Integration with existing inventory management systems for seamless data connectivity
- Agent-based system that proactively identifies opportunities for material reuse and resale
- Holistic platform for managing the entire lifecycle of inventory, from reduction to resale and return