Overview
Modern Global supply chains are more complex than ever witth the pendulum swing between a 20-25% drop in On Shelf Availability resulting in 6-7% annual loss in sales and 30-40% excess inventories leading to 8-10% increase in inventory costs. Demand volatility coupled with Lack of visibility and sub-optimal processes across are further exacerbated by the fragmented nature of CRMs, ERPs, WMS, procurement solutions and other core business applications. The underlying problem - a DISCONNECTED SUPPLY CHAIN with data silos and the inability to connect one event or risk in the supply chain with other risks that impacts the resilience, agility, and responsiveness of the supply chains.
The need of the hour is a journey from a Disconnected to a Connected supply chain, that helps drive 3-5% improvement in On shelf Availability & Service Levels, 8-10% reduction in Inventory costs, and a 25-40% improvement in speed to decision making, and that is where LatentView's "ConnectedView" - an AI-powered On Shelf Availability improvement solution that empowers supply chain personas with better and faster decision-making.
Accelerators including a core framework, 20+ AI models, ~1000 Supply chain KPIs & a repository of external data.
AWS Cloud Services used in this solution are as below:
AWS S3 Raw Data Bucket AWS S3 Connectors Bucket AWS S3 Neo4j Bucket AWS RedShift Amazon Sagemaker Amazon API Gateway Amazon Elastic Beanstalk Container AWS Glue AWS Batch AWS Glue DataBrew Neo4j EC2
Highlights
- Connected Planning: AI/ML based Associative demand forecasting, sensing, & planning for higher visibility to expected variability.
- Connected Visibility: An end-to-end supply chain digital twin built on Graph networks to provide detect risks & anomalies, recognize causes, & orchestrate responses for higher on-shelf availability.
- Connected Optimization: AI-powered optimization & recommendation point solutions across Network optimization, MEIO, Warehousing, Transportation.
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If you would like to learn more about LatentView Analytics, please send an email to alliances@latentview.com . You can also contact us at https://www.latentview.com/contact-us/ . We will be happy to schedule a no-cost consulting session to better understand your use case.
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