o9 In Bloomberg: Companies Are Still Investing In Supply Chain Tech Despite Economic Conditions
An article published today in Bloomberg, “Demand for Supply-Chain Data Stays Robust Amid Geopolitical, Climate Risks,” by reporter Bloomberg’s Brendan Murray features commentary from Stephan de Barse and Bart Derde from Haleon during the aim10x Live London event - o9’s premier event series offering insights, best practices and inspiration for supply chain, procurement, revenue management, IT and sustainability leaders who are shaping the future of enterprise planning.
The article focuses on how, despite a slowing economy and a cooling off in global trade, companies are still seeking greater visibility into their business and supply chains to improve how they navigate uncertainties in a post-pandemic business environment.
In the article, o9’s de Barse expressed his point of view that demand for supply chain technologies hasn’t softened, as companies are still prioritizing investment in this key area of their business:
“Companies are actually all moving forward with their big transformation initiatives because they all remember Covid, Russia-Ukraine and now there’s all the geopolitical tension with Taiwan and China,” de Barse was quoted in the article. “Especially at the board level, this remains a super important topic and a super important investment.”
Haleon’s Derde spoke from the perspective of a company that is currently investing in AI to support the digitization of its supply chain:
“The opportunity to be best-in-class on agility and scenario planning in a world with Covid became pretty transparent that that transformation was needed and a digital transformation was needed,” Bart Derde, Haleon’s chief supply chain officer, said at the conference on Tuesday. “I’ve never been to a board for quite such a large amount of money and get it approved the first time around.”
o9 will continue this discussion and more like it at aim10x live NYC, taking place May 16. Register here.
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o9 SolutionsThe Digital Brain Platform
o9 offers a leading AI-powered Planning, Analytics & Data platform called the Digital Brain that helps companies across industry verticals transform traditionally slow and siloed planning into smart, integrated and intelligent planning and decision making across the core supply chain, commercial and P&L functions. With o9’s Digital Brain platform, companies are able to achieve game-changing improvements in quality of data, ability to detect demand and supply risks and opportunities earlier, forecast demand more accurately, evaluate what-if scenarios in real time, match demand and supply intelligently and drive alignment and collaboration across customers, internal stakeholders and suppliers around the integrated supply chain and commercial plans and decisions. Supported by a global ecosystem of partners, o9’s innovative delivery methodology helps companies achieve quick impact in customer service, inventory levels, resource utilization, as well as ESG and financial KPIs—while enabling a long-term, sustainable transformation of their end-to-end planning and decision-making capabilities.