Supply Chain Visibility Is Not About What You Can See Today
It's About Forecasting Multi Tier Risk Months Before They Happen
Introducing Nostradamus: An AI-based analytics platform that finds patterns in data and forecasts multi tier risk. Uncover risks and opportunities from origin to destination.
Supply Chain and Multi Tier Risk Is Everywhere. Are You Really Prepared?
Today’s supply chain issues are not about what if, but when will it happen. Every business should foresee a scenario where they can detect issues promptly, understand the impact and react quickly.
The origin of supply risk may come from internal company matters or external factors. Among the most common supply risk categories:
- Economic factors
- Transportation or logistics
- Geopolitical instability
- Financial and company viability
- Raw materials shortage
- Natural disasters
Nostradamus forecasts multi tier risk months before they happen
Understand which upstream suppliers are at the most risk before placing a PO and make proactive changes to re-route orders to less at-risk suppliers.
By optimizing inventory and planning months ahead, companies can better inventory manage to avoid excessive storage costs and reduce the risk of stockouts
Reduce canceled orders caused by delayed shipments to increase your on time in full (OTIF) deliveries.
Having the ability to forecast risk allows you to plan procurement and inventory management more effectively, thereby enabling you to meet your Service Level Agreements (SLAs) with your customers.
Monitor supplier performance and forecast potential issues by utilizing forward-looking risk scores. This will enable you to anticipate if a supplier might fall behind schedule.
The result:
Increased visibility, better decision-making, and supply chain resiliency. No more surprises.
The Nostradamus Platform
The Nostradamus analytics engine finds patterns in the supply chain and forecasts upstream using suitable data types based on each client.
Multi-Tier Risk
Billions of Data Inputs
Any Data Type, From Any Source
Highest Accuracy Available
Industry-leading Forward Looking Risk Scoring
Uncovering risks and opportunities for your business means connecting the dots
To connect the dots between trends, patterns, and associations and proactively respond to future developments takes collecting and quickly analyzing gigabytes of data. The Nostradamus Al platform can accept over 25,000 data sets from multiple sources simultaneously, create a predictive model, and provide a probability score of a delay and the reasons behind the delay with up to 85% accuracy.
Ready to uncover your risks and opportunities
Contact us and schedule a demo today.
