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Predicting Supply Chain Behaviour Using Big Data , ML / AI , and Blockchain

Jim Butera , Vice President of Customer Growth , explains how TransVoyant provides real-time actionable intelligence to supply chain professionals
TransVoyant ’ s world-class Continuous Decision Intelligence ( CDI ) platform tracks over one trillion events per day to provide supply chain professionals with live transparency , real-time situational awareness and predictive insight . The company ’ s customers are forward-leaning companies with complex global supply chains that need to ensure their high-value / high-consequence goods are delivered on time and in proper condition . Top tier pharmaceutical , automotive , consumer goods and industrial supply companies are lining up to work with them .
Since 2012 , the company has analysed big data streams with its proprietary ML / AI models to help predict arrival times , anticipate delays due to global events , measure lead times , optimise capacity , labour , and inventory . This enables customers to proactively find opportunities to cut costs , improve customer service and anticipate disruptions .
Data-Driven Insight To provide the type of out-of-the-box intelligence in which TransVoyant specialises , you need :
• Enterprise Data . Orders from ERP , inventory from warehouse management , and shipments from transportation systems .
• Trading Partners Data . Intelligence that is collected from outside of the four walls of the enterprise but that remains relevant to the company ’ s industry .
• Risk Events . Natural disasters , epidemics , and geopolitical upheaval : anything that surrounds and could impact a company ’ s supply chain .
TransVoyant immediately brings two out of three sources to the table : trading partners and risk event data . Fused with its customers ’ enterprise data using a private blockchain , applies ML / AI , automation , and customers get actionable supply chain intelligence .
Self-Service Software As TransVoyant continues to evolve and mature , its clients increasingly use its platform to achieve unique , company-specific supply chain insights — all without TransVoyant ’ s help . “ It ’ s a new paradigm given my 20 + years in the enterprise software space ”, Jim says . It has never been easier or more cost-effective for customers to digitally transform their supply chains ”. learn more