Overview:
- Studies have shown that supply chain delays and lack of transparency has led to tens of billions in losses across commodity markets. Recognizing the significant impact this was having on their quarterly earnings, Fortune 500 Natural Resources Company worked with Protyo to develop an AI-powered platform to monitor their supply chain real-time and generate actionables to increase their profitability.
The challenge:
- With billions of dollars of commodities being shipped over rail, this Fortune 500 Company needed a deeper understanding of their supply chain that was causing significant losses annually which had to be explained to their shareholders in their quarterly earnings. The Company realized that AI and remote sensing technologies can solve this challenge that had been plaguing them for decades.
The solution:
- Protyo developed a long range AI-powered monitoring system that can be deployed in remote regions to analyze vehicle and cargo movement, aggregate all data into the cloud to further analyze the broader supply chain, and create actionables that the Fortune 500 Company can enact to increase their annual profit and decrease losses in their supply chain.
The impact:
- By leveraging this new AI platform, the Fortune 500 Company was able to increase their annual profit and decrease their losses that normally occurred due to lack of data transparency and automated intervention in their supply chain.
