Operations profitability and agility, through data and AI

The “Ten” you need for a successful 2021

Jan 19, 2021 10:23:39 PM / by Puneet Suppal posted in Real-time Visibility, OpsVeda Operational Intelligence, Cloud Enablement, Machine Learning, Real Time Analytics, Real time operations, Business Agility, Artificial Intelligence, Operations, Prescriptive analysis, AI Assistant, Automation Tool, Process Monitoring, RPA, optimization, Solution Factory, Top Ten, 2021 List

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Last week Bill Gates offered his annual list of the top 5 books to read, “5 good books for a lousy year.” I think most of us can agree that 2020 has not been the greatest year of our lives. A year that has been a defining one for many – and largely because of the coronavirus pandemic. As I write this, the virus continues to disrupt lives everywhere but it is encouraging to note that there is a light at the end of the tunnel. In the spirit of looking at what’s positive and what we can use in the year ahead to retake our lives so consumed by this pandemic, let’s take a look at what we’ve found out this year. Not having as profound a view on life and the world as Mr. Gates, I’ll stick to something closer to home.

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De-risking Operational Intelligence Projects – The OpsVeda Way!

Nov 11, 2020 10:26:00 PM / by Ratheesh posted in Enterprise Software, Operational Intelligence, Innovation Intelligence Analytics, supply chain visibility, Juni, Real time operations, Business Agility, Artificial Intelligence, Operational Excellence, Data Lakes

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Amidst the blare of the US elections many of us probably didn’t notice the opening of Berlin’s new airport on 31-Oct. With its opening delayed by a good 9 years and budget overshot by $4 billion, the capital city’s airport stands out as an exception in a country reputed for engineering & planning excellence.

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Top Priorities for 2H 2020 and beyond...

Aug 28, 2020 10:30:00 PM / by Sanjiv Gupta posted in Operational Intelligence, Real-time Visibility, channel management, Business Agility, Supply Chain Visibility, Artificial Intelligence, Supply Chain, AI Assistant, COVID

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In the weeks following the onset of the COVID shutdowns, most organizations were in crisis-response mode; but as things return to a normal (or semi-normal) state, business leaders should pause, take some time to assess the efficacy of their actions, and internalize the lessons learned.

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Automation Is Key To Scaling Operations...

Jul 29, 2020 10:29:00 PM / by Sanjiv Gupta posted in Operational Intelligence, Real-time Visibility, channel management, Business Agility, Supply Chain Visibility, Artificial Intelligence, Supply Chain, AI Assistant, COVID

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OpsVeda - Speed and Scale

On his popular TV show “The Profit,” entrepreneur Marcus Lemonis repeats this mantra frequently: successful businesses are built on the three P’s; people, product, and process. The concept has its origins in lean manufacturing, but it has since taken hold across a broader spectrum of industries.

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To Succeed in the 2020s, Focus on Agility....

Jul 15, 2020 7:38:00 AM / by Sanjiv Gupta posted in Enterprise Software, Predictive analytics, Container Prioritization, Business Agility, Supply Chain Visibility, Artificial Intelligence, Business Analytics, Deep Learning, Prescriptive analysis, OpsVeda Exceptions, Real Time Analytics

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Disruption is nothing new; it’s just happening a lot faster and with greater impact than ever before. The good news, though, is that it’s not only possible to survive under such circumstances; great companies can even succeed and prosper in the midst of massive disruption.

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How to track performance and uncover opportunities in Supply Chain!

Jun 15, 2020 2:21:00 PM / by Nandini Gautam posted in Enterprise Software, Predictive analytics, Container Prioritization, Innovation Intelligence Analytics, News, Business Agility, Innovation Intelligence Paradigm Analytics, Supply Chain Visibility, global supply chain, Artificial Intelligence, Business Analytics, Deep Learning, Prescriptive analysis, AI Assistant, OpsVeda Exceptions, Real Time Analytics

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OpsVeda powered by data, rules and AI

 

Today’s companies continue to expand to reach global markets, but this has made control of supply chains more and more complex. Companies recognize that developing and executing successful supply chain strategies can be key to gaining a competitive advantage in the marketplace. A key to managing a global supply chain is having strong visibility. This has in turn prompted companies to use technologies such as ERP/MRP systems, warehouse management systems and transportation management systems. Additionally, companies are utilizing hardware technologies, hand-held scanners, GPS, tracking devices, cameras, microphones, RFID readers, wireless networks and automated warehouse systems (AGVs, Robots). Adoption of these technological tools allows more visibility than ever before.  But having the data, alone is not enough; managers now have millions and billions of bits of data to decipher and sort through. Having piles of data is not enough, supply chain managers are now faced with how to best use the data to obtain the right information to track performance, diagnose bottlenecks and uncover opportunities for continuous improvement.

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Fashion’s Kipchoge or Tenderfoot? It will be a faster run either way!

Nov 13, 2019 10:00:33 PM / by Ratheesh Raveendran posted in Fashion, Operational Intelligence, Real-time Visibility, Real Time Analytics, channel management, Apparel and Footwear, Business Agility, Supply Chain Visibility, Artificial Intelligence, Innovation, Supply Chain, AI Assistant

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October 12th, 2019 was a red letter day for every athletics fan. That day, for the first time in history a human completed the marathon in under two hours! Eliud Kipchoge the current world record holder did the unbelievable and shaved off a good 2 minutes from his best time. It wasn’t just a triumph of human doughtiness and perseverance. The run was also emblematic of technology and analytics aiding humans in pushing the envelope. Specially made shoes and pacing lasers ensured energy efficiency. The chosen route and formation of pacemakers minimized wind resistance. The location was picked because of its closeness to Kipchoge’s time zone… a number of sagacious data driven decisions contributed to the feat.

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A New Season in Fashion augurs a New Era for Visibility

Oct 30, 2019 11:51:42 AM / by Ratheesh Raveendran posted in Fashion, User Experience, Operational Intelligence, the last mile, supply chain visibility, Juni, tier 2 partner, Apparel and Footwear, Business Agility, Artificial Intelligence, Innovation, OpsVeda Exceptions, Prescriptive Analytics, Retail

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As the year entered its final quarter, I was revisiting some predictions pundits had made for 2019. It’s an interesting exercise I go through every year. Estimating soothsayer accuracy is not the objective. Some predictions will be right, a few wrong and in majority of the cases it will be difficult to say – either the data isn’t there or it’s too early for any decipherable trend. Regardless of their chances of coming true, the ideas are inspiring and make a good segue to predictions for the coming year.

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Too much Supply Chain Visibility, too little business impact

Aug 26, 2019 1:50:56 PM / by Sanjiv Gupta posted in User Experience, Operational Intelligence, Container Prioritization, Juni, Real time operations, Business Agility, Supply Chain Visibility, Artificial Intelligence, track & trace, Prescriptive Analytics

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Supply Chains - Complex, Insight Poor

 

Even if you live in a cave, chances are you haven’t missed the noise around ‘Supply Chain Visibility.’ The terms are many: “Control Tower”, “Operational Intelligence”, “Situation Room”, “Supply Chain Cockpit”, “Predictive ETA”, and so on. From software vendors to analysts to users, each group has coined its own terminology.

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Enterprise Processes: Let Machine Learning follow the Rules

Jun 18, 2019 1:46:38 AM / by Ratheesh Raveendran posted in Business Execution, Predictive analytics, User Experience, Operational Intelligence, Real Time Analytics, Engineering, Real time operations, Business Agility, Supply Chain Visibility, Artificial Intelligence, Innovation, Business Analytics, Deep Learning, AI Assistant, Prescriptive Analytics

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It was the penultimate day of my trip to our San Jose office. In the evening Vikas, Dinesh & I went for a short hike at the Alviso Marina County Park. It was a beautiful trail and the hike was uneventful except for Vikas’ narration of his past exploits with a mountain lion. After the hike Dinesh said that we should grab a quick drink and I suggested a nearby Mexican joint. “The place serves amazing guacamole. You should have that with tortilla,” I tried to tempt Vikas’ mostly vegetarian palate.

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