AI-powered Supply Chain capabilities to enable Chief Financial Officers, Chief Supply Chain Officers and other business leaders to quickly identify areas that most effectively accelerate the bottom line and drive sustained market advantage
PALO ALTO, Calif., Sept. 29, 2022 /PRNewswire/ -- ThroughPut Inc., the Industrial AI Supply Chain pioneer, today announced the addition of key powerful financial capabilities to its supply chain software suite. The latest AI-powered software empowers businesses with a bird's eye view of finances at the business unit and organizational level to identify those improvements in specific areas that can drive greater profitability and SKU-level contribution margins. Thus, organizations can eliminate the uncertainty of today's market conditions and rapidly implement continuous improvements across their entire value chain, resulting in meaningful positive impacts to the bottom line quickly.
In today's increasingly dynamic markets, businesses need more than ever to do more with less – sell more, guarantee more value, grab more share of wallet, as well as market share - all with less effort, time, capital and costs. Failure to do this swiftly, smartly, and on a sustained basis leads to erosion of not only real and potential revenue, but also of market position, brand, and eventually customer loyalty.
"Every company generates reams of data. But your competitive advantage lies not in just visualizing that data, but rather your ability to drill down into the actionability hidden in every corner of your supply chain. Such AI-powered predictions lead to real business results for a healthy bottom-line," explained Seth Page, COO of ThroughPut Inc. "Such capabilities should be at the fingertips of every responsible CFO and executive today looking to achieve more in volatile markets. Investors, shareholders and stakeholders are increasingly demanding better and more predictable financial, operational and sustainability results, and innovative industry leaders are taking note. Ultimately the power lies in knowing how to manage and leverage market dynamics that many executives otherwise tend to think are out of our control. The good news is that it all boils down to Supply Chain Actionability - dynamic working capital and efficiency improvements at a micro level across the entire value chain. ThroughPut helps companies achieve this quickly by leveraging our Supply Chain AI on their existing disparate data sources".
Key Financial Capabilities
Dual Cascading Waterfalls: This graph compares the contributions of each area of impact on the net profit metric to assimilate all the interrelationships and dependencies that are an inherent part of the modern supply chain. It also:
Financial Flow: By reducing costs across their supply chain processes and activities, businesses are able to minimize both their OPEX and CAPEX. In addition, cash flow conversion cycle analysis and a powerful overview of accounts payable, accounts receivable, and inventory turns enables businesses to:
Listed below are key improvements for demand planning, inventory management, supply chain operations, and logistics management that the ThroughPut platform focuses on.
Demand Planning Improvements: With AI-driven demand planning, businesses gain the ability to translate the impact of their current order delivery rate (On-Time, In-Full – OTIF deliveries in terms of percentage) into lost throughput. This helps them to:
Inventory Management Improvements: With top products utilizing excess working capital ranked by "Excess Working Capital" values, businesses can determine which products to stock-up more on, and which to cut-back on. This helps companies to:
Operational Improvements: Businesses can target balanced resource utilization rates while meeting existing and future demand with dynamically optimized inventory levels. They can also:
Logistics Improvements: Businesses can reduce unnecessary logistical movements (such as cross-shipments, shipments to external warehouses, and deliveries to distribution partners) due to incorrect resource allocation and overproduction by:
ThroughPut is continuously working with leading CFOs, Chief Supply Chain Officers, businesses and other organizations across the globe to increase their supply chain visibility, actionability, resilience and business results quickly. Such capabilities enable industry leaders to minimize demand and supply variance, expensive inventory build-ups, and relentlessly rising labor, transportation, and material costs. As the supply chain optimization pioneer works toward its mission to level and stabilize the supply chain minefield for all innovative businesses, it promises continued improvements in end-to-end supply chain visibility and actionability, capital and operational asset optimization, effective inventory management, sustainability, and overall business results.
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PR Contact
Tina Jacobs
About ThroughPut Inc
ThroughPut.ai is a Silicon Valley-based Supply Chain AI leader that puts Industrial material flow on Autopilot by leveraging existing Enterprise Data to achieve superior Business, Operations, Financial and Sustainability Results. ThroughPut's AI-powered Supply Chain software predicts Demand, reorients Production Capacity, reassigns Warehouse Space, and reorders materials optimally, so businesses minimize overpromising and under-delivering, and maximize for their desired outcomes. ThroughPut improves material flow and free-cash-flow across the entire end-to-end value chain far faster than leading contemporary and legacy solutions. The founding team is led by seasoned serial entrepreneurs with real-world AI, Supply Chain, Manufacturing, Transportation and Operational experience, from the shop-floor to the top-floor, at leading Fortune 500 Industrial Companies & pioneering Enterprise Technology companies.
To learn more about ThroughPut Inc, visit www.throughput.ai
