Enabling intelligent, faster, cheaper, efficient, risk mitigated and resilient supply chains
Supply chains are evolving to meet the ever changing consumer needs amidst growing competition, NPI growth, complexity, disruptions and disasters. Typical supply chains generate massive non-linear operational data, majority of which is siloed and un-rationalized across disparate legacy systems. Such systems are not always designed to accurately capture, store and utilize this data and have poor analytics and inferencing capabilities. Thus, in absence of real time insights, supply chains lose their agility to react to changes. New age technologies can be leveraged to build Cognitive Supply Chains, which can continually analyze latest situational data, determine most optimal actions and automatically execute them.
With its deep-rooted experience in manufacturing, product engineering and next-gen data analytics, Wipro has developed a solution called the ‘Cognitive Supply Chain Brain (CSCB)’ which addresses these challenges using semantic knowledge graphs and AI/ML. It helps to organize supply chain data in a highly manageable format, rationalize data capture, consumption, share process and drive on demand analytics to quickly detect issues, rectify them and check the effect of corrective actions. This can help organizations to exponentially improve supply chain velocity and efficiency through fast and optimum decisions, quick insights to orchestrate network transactions, improve material quality, conduct real time inventory management, preventive maintenance and predict/mitigate potential disruptions.