Equinox Europe, UAB is implementing an EU-funded project aimed at developing an advanced artificial intelligence platform capable of accurately forecasting warehouse replenishment work volumes, based on multidimensional analysis of historical data. During the project, a universal AI system will be created that will process various types of historical data (orders, product range, stock, etc.) to provide accurate forecasts of workload. This will enable advance resource planning, help avoid operational disruptions, and increase efficiency. The solution will adapt to a specific warehouse, improve forecast accuracy, reduce operating costs, and strengthen competitiveness.
The project is implemented under the activity "Encourage SMEs to develop AI solutions" (Central and Western Lithuania Region)” of Progress Measure No. 05-001-01-05-05 “Encourage companies to go digital”, which forms part of the Economic Transformation and Competitiveness Development Programme administered by the Ministry of the Economy and Innovation of the Republic of Lithuania under the 2022–2030 Development Programme.
Project value: EUR 186,929.85, of which EUR 137,954.21 is EU funding. The project is co-funded by the European Union.
Project implementation period: from July 8, 2026 to July 8, 2027.
More information: www.esinvesticijos.lt
