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The company is currently using analytics software from venture-backed company Aera Technology Inc. to mitigate supply shortages, predict spikes in demand and bottlenecks with about 100 products related to fertility drugs, Mr. de Luca said. It plans to expand the pilot program to its 5,000 products by the end of next year, which will add significant competitive advantage, he said.Read
Aera in Action.
The transformative power of digital technology is redefining the enterprise. For established businesses, it’s not just a matter of catching up to where the leaders are today. Survival depends on leaping ahead to where they’ll be tomorrow.
For decades large enterprises have been seeking to operate with the minimum amount of inventory without sacrificing customer service. But that is a very delicate balance and most have simply succeeded in managing inventory, not optimizing it.
Forecasting and demand planning has always been difficult and fraught with guesswork, but it’s only going to get worse. Today planners struggle to incorporate real-time data to improve models. With the amount of global real-time data set to explode, that challenge is about to skyrocket.
New Advancements to Accelerate Adoption of Aera's Self-Driving Enterprise™ Technology
Why executives must look beyond modernization toward AI, machine learning and other emergent technologies that are already starting to shape next-generation enterprises.
Join Consumer Goods Technology, award-winning author and global keynote speaker, digital analyst, anthropologist and futurist Brian Solis, and Aera Technology in an upcoming webinar to explore the growth opportunities and business models CPG and retail companies are unlocking through digital transformation.
Where the top minds in pharma supply chain, logistics, distribution, customer service, planning, IT, quality and sourcing meet to share practical insights on how to achieve digitalisation, end-to-end visibility, customer-first strategies, and much more!
At Gartner Supply Chain Symposium/Xpo™ 2020, chief supply chain officers (CSCOs) and their leadership teams will gain a strategic view of the trends disrupting their business and the insight and frameworks they can use to build agility and robustness into systems, processes and decision making.