AI Agrifood
What products do I need?
How much of each?
When?
Where?
The accuracy with which businesses worldwide are able to answer those questions results in losses of trillions of dollars each year not to mention thousands of tons of fuel wasted for rush deliveries.
How can businesses get better at this? The 2 trends today are in exploiting the available data at the single company level and, the major one, full transparency along the supply chain.
The bad news is that the latter simply doesn't work. Would a supplier share their order book with their customer knowing they might use it to renegotiate prices?
At flowlity we agree with the answers but understand the problem. This is why we have built the first intelligent third party solution that not only allows a single business to fully exploit its data through AI to improve forecast accuracy and reduce inventory levels but does that exploiting upstream and downstream data in the supply chain. Our algorithms exploit data of one company's business partners and adjusts accordingly forecasts and inventory level recommendations. Like that confidential data stays so while still leveraging full visibility.
10 to 30 % percent service level increase
40 to 60 % inventory level reduction
This is flowlity, the future of supply chain planning
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2T dollars. This is the price that is paid each year for not being able to accurately know what products businesses need in which quantity when and where.
At Flowlity, we help businesses cut this waste in half by being the first intelligent third party planning solution
Intelligent because we allow businesses to fully exploit their own available data to make accurate forecasts and inventory levels recommendations through cutting edge AI technology.
Third party because we do that letting our algorithms only access the data of one company, its customers and its suppliers. Like that, data stays confidential but full visibility along the chain is leveraged.
You want to reduce inventory levels by as much as 60% while improving service level? contact flowlity to experience the power of supply chain synchronization.