Tag: realtimedata

The Next Big Leap: Autonomous Supply Chains

MV EverGiven ship blocking the Suez Canal

In the world of supply chains, a transformation is underway. I recently had an intriguing conversation on the Digital Supply Chain podcast with Sanjay Sharma, CEO of Roambee, a company at the forefront of this transformation. Sanjay and his team are harnessing the power of real-time data, AI, and machine learning to reimagine and reshape supply chains, paving the way to a future where supply chains are not just automated, but fully autonomous.

An autonomous supply chain sounds like something out of a sci-fi movie, doesn’t it? But the reality is closer than you might think. Autonomous supply chains represent an era where our supply chains can analyze, learn, and make decisions independently. This has massive implications for efficiency, resilience, and agility in our global logistics systems.

During our conversation, Sanjay shared an enlightening example of how an autonomous supply chain could potentially manage disruptions. Remember the Suez Canal incident? That one seemingly small event had an enormous ripple effect on global supply chains. But what if we could model the impact of such micro events and extrapolate them into macro models, allowing us to predict, and more importantly, prepare for their effects? “Can I take that event and start looking at macro models such as would there be an impact on pricing?” Sanjay pondered.

This is exactly where Roambee comes into the picture. They’re working with advanced technologies like graphical neural networks combined with AI, ML, and RPA to build a new generation of network propagation detection systems.

Starting your journey towards digitizing your supply chain might seem daunting, but Sanjay’s advice is surprisingly simple: “Start with the basics of simply lighting up your supply chain and identifying the glitches… That itself will get you 50% of your, towards your ambition of digitizing the supply chain.”

In the end, it all comes down to this: the path to revolutionizing your supply chain starts with understanding and enhancing your current operations. The first step towards an autonomous supply chain is bringing visibility to your existing one.

We’re on the cusp of a new era in supply chain management, with the concept of autonomous supply chains fast transitioning from fiction to reality. Leaders like Sanjay Sharma and companies like Roambee are spearheading this change, taking us closer to a future where our supply chains are smarter, more responsive, and amazingly autonomous.

Want to delve deeper into the future of autonomous supply chains? I invite you to listen to the full episode of the Digital Supply Chain podcast for more insights and in-depth discussion. Join us as we explore this exciting journey together.

Call to Action: Don’t get left behind! Tune into the full episode of the Digital Supply Chain podcast with Sanjay Sharma here and stay ahead of the curve in the supply chain transformation journey.

If you enjoyed this episode, please consider following the podcast and sharing it with others who may be interested. And as always, if you find the podcast of value, and you’d like to help me continue to make episodes like this one, you can go to the podcast’s Support page and become a Digital Supply Chain podcast Supporter for less than the cost of a cup of coffee!

And if you’re interested in having your brand associated with the leading Supply Chain podcast, don’t hesitate to check out these sponsorship packages and how I can help your company gain exposure and establish yourself as a thought leader in the supply chain industry, please don’t hesitate to get in touch.

Thank you!

Meet the AI-Enabled Supply Chain: KlearNow’s Rick Tellez Explains How It’s Transforming Logistics

As a supply chain enthusiast and host of the Digital Supply Chain podcast, I’m always fascinated by the ever-evolving role of technology in the industry. In a recent conversation with Rick Tellez, Founder of KlearNow, I was reminded of the power of AI to simplify customs processes and address labor shortages in the logistics sector.

Customs brokers and logistics professionals have long grappled with the complexity of managing shipments, documentation, and compliance across borders. With the advent of AI and advanced data analytics, we are now seeing a significant shift in the way these processes are managed. By leveraging AI-driven platforms like KlearNow, customs brokers can streamline their operations and better serve their clients.

During our podcast episode, Rick shared how KlearNow’s platform provides real-time visibility into the customs process, allowing for more informed decision-making and greater efficiency. This level of transparency is crucial in a world where supply chain disruptions have become increasingly common, and businesses need access to accurate, up-to-date information to navigate these challenges.

One of the key benefits of using AI to simplify customs processes is its ability to address labor shortages in the industry. With the global economy facing unprecedented challenges due to the COVID-19 pandemic and other factors, companies are under more pressure than ever to maintain efficient operations with limited resources. By automating certain tasks and providing data-driven insights, AI-driven solutions can help customs brokers and logistics professionals do more with less.

Rick recounted a customer success story from a multinational chemical company that adopted KlearNow’s platform. The company quickly recognized the value of the platform’s centralized reporting, data analytics, and real-time visibility, which allowed them to expand their use of the platform across multiple business units and divisions. This success story highlights the potential of AI to not only simplify customs processes but also to bring about a paradigm shift in how supply chains are managed.

Incorporating AI-driven solutions in the logistics industry has the potential to improve work-life balance for customs brokers and logistics professionals. As Rick mentioned in our conversation, many employees in the sector are incredibly loyal and take pride in their work. By providing them with powerful tools that can streamline their workload, companies can help their employees achieve a better balance between their professional and personal lives.

As supply chain professionals, it’s essential that we stay informed about the latest technological advancements and embrace the potential of AI to transform our industry. By leveraging AI-driven solutions like KlearNow, we can simplify customs processes, address labor shortages, and ultimately create more resilient, efficient, and transparent supply chains.

I encourage you to listen to the full podcast episode with Rick Tellez, where we dive deeper into the power of AI in simplifying customs processes and addressing labor shortages in the logistics industry. As we continue to explore the role of technology in supply chain management, I invite you to join me in this ongoing conversation and share your thoughts on how AI can shape the future of our industry.

If you enjoyed this episode, please consider following the podcast and sharing it with others who may be interested. And as always, if you find the podcast of value, and you’d like to help me continue to make episodes like this one, you can go to the podcast’s Support page and become a Digital Supply Chain podcast Supporter for less than the cost of a cup of coffee!

And if you’re interested in having your brand associated with the leading Supply Chain podcast, don’t hesitate to check out these sponsorship packages and how I can help your company gain exposure and establish yourself as a thought leader in the supply chain industry, please don’t hesitate to get in touch.

Thank you!

Photo credit Merlijn Hoek on Flickr