Oii: AI Driven Supply Chain that Shifts with the Market
Supply chain management shifted from an operational topic to a crisis worthy of national security concern over the past two years. We all felt supply chain issues viscerally from empty grocery shelves to skyrocketing prices. According to the White House, 36% of small businesses felt material impact from supply shortages during the pandemic with impact concentrated most within trades, manufacturing and construction sectors. The average American also likely has feelings now about the supply of semiconductors, something that likely never was a thought pre-2020. I, for one, wondered how this could all go so wrong. Didn’t we, after all, have computing models and complex analysis for supply chains? It turns out that traditional supply chain management for a lot of industries had much room for improvement with Excel spreadsheets written once every year or two being a go to model for management.
Enter Oii, a new supply chain solution that utilizes AI to map supply variables and custom tune a company’s supply chain to optimize for business objectives. Oii CEO Bob Rogers is an expert in enterprise data management formerly serving as the Chief Data Scientist at Intel and running a hedge fund that utilized advanced data analytics to predict the stock market. You could say that Bob lives and breathes inventing ways to analyze data to organizational and societal benefit. His team trained their Oii model to establish control of supply from cost, sustainability, and customer response perspectives and give supply chain managers the ability to update the model in real time in order to manage through changes in the market. This is important. Response time to changes in market environment can represent enormous advantage to a company’s ability to thrive in variable conditions.
I loved listening to Bob tell the story of Oii and hope you listen to the episode. He’s a guy who can take something incredibly complex and distill it down to a simple and actionable solution, and he’s great at bringing us mere mortals along for the ride. I’m excited to see Oii’s progress in the market as an incredibly valuable application of AI for business. As for Bob, he discussed his view on Chat GPT as a bold step towards AGI and actually published his book this week co-written by Chat GPT and Theresa Hart entitled “ChatGPT, an AI Expert, and a Lawyer Walk Into a Bar...: The Evolution of Creativity and Communication”. Those following TechArena will know that this is on the top of my reading list. Expect more to come on this topic. As always, thanks for engaging. - Allyson
Supply chain management shifted from an operational topic to a crisis worthy of national security concern over the past two years. We all felt supply chain issues viscerally from empty grocery shelves to skyrocketing prices. According to the White House, 36% of small businesses felt material impact from supply shortages during the pandemic with impact concentrated most within trades, manufacturing and construction sectors. The average American also likely has feelings now about the supply of semiconductors, something that likely never was a thought pre-2020. I, for one, wondered how this could all go so wrong. Didn’t we, after all, have computing models and complex analysis for supply chains? It turns out that traditional supply chain management for a lot of industries had much room for improvement with Excel spreadsheets written once every year or two being a go to model for management.
Enter Oii, a new supply chain solution that utilizes AI to map supply variables and custom tune a company’s supply chain to optimize for business objectives. Oii CEO Bob Rogers is an expert in enterprise data management formerly serving as the Chief Data Scientist at Intel and running a hedge fund that utilized advanced data analytics to predict the stock market. You could say that Bob lives and breathes inventing ways to analyze data to organizational and societal benefit. His team trained their Oii model to establish control of supply from cost, sustainability, and customer response perspectives and give supply chain managers the ability to update the model in real time in order to manage through changes in the market. This is important. Response time to changes in market environment can represent enormous advantage to a company’s ability to thrive in variable conditions.
I loved listening to Bob tell the story of Oii and hope you listen to the episode. He’s a guy who can take something incredibly complex and distill it down to a simple and actionable solution, and he’s great at bringing us mere mortals along for the ride. I’m excited to see Oii’s progress in the market as an incredibly valuable application of AI for business. As for Bob, he discussed his view on Chat GPT as a bold step towards AGI and actually published his book this week co-written by Chat GPT and Theresa Hart entitled “ChatGPT, an AI Expert, and a Lawyer Walk Into a Bar...: The Evolution of Creativity and Communication”. Those following TechArena will know that this is on the top of my reading list. Expect more to come on this topic. As always, thanks for engaging. - Allyson
