Beyond The Buy cover image

Beyond The Buy

Predicting Supply Chains

Aug 19, 2024
Bobby Katoli, Co-Founder & CEO of Ceres Technology, shares his insights on the future of supply chain management through AI. He discusses the critical need for transparency in supply chains, especially amidst global disruptions like pandemics and political conflicts. Bobby also highlights how to effectively integrate traditional and non-traditional data for better decision-making. Furthermore, he emphasizes the importance of being 'AI ready' to tackle data challenges and enhance predictive analytics in high-stakes industries like agriculture and coffee.
25:44

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Podcast summary created with Snipd AI

Quick takeaways

  • Supply chain transparency is essential for mitigating risks from disruptions like pandemics and geopolitical conflicts, enhancing operational foresight and supplier management.
  • Utilizing AI and advanced data analytics enables businesses to predict supply chain disruptions, improving inventory decisions and streamlining procurement strategies.

Deep dives

Challenges in Supply Chain Transparency

Supply chain transparency is crucial for retailers and manufacturers to understand and mitigate risks associated with various disruptions such as weather events, pandemics, and geopolitical conflicts. A lack of visibility can lead to issues in product pricing, shortages, and relationship management with suppliers. Increasing transparency allows businesses to forecast the supply chain better, ensuring they order the right amount of cargo and understand potential delays. Key risks identified include logistical, economic, and geopolitical factors, which can severely impact supply chains across different sectors.

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