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Ali Raza, Founder and CEOStepping up to the new challenges is ThroughPut Inc.—an artificial intelligence (AI)-centric supply chain optimization solutions company that delivers actionable insights to supply chain decision makers at different levels with marked speed and accuracy. ThroughPut doesn’t just stop at providing end-to-end supply chain visibility. It helps the decision makers detect, prioritize, and alleviate dynamic operational bottlenecks just-in-time through various measures that include: forecasting demand with increasing accuracy, optimizing supply chain through quick reroute plans, and automating material flow using AI. Such capabilities allow companies to unlock their existing capacity, discover hidden constraints much faster, and rearrange available resources for maximum outcomes.
ThroughPut allows clients to optimize the material flow within their facility through process mapping technique. This technique guides clients to understand the sequence of actions that are performed at their facility. Clients can not only view which step is deviating from the normal but also prioritize strategies and actions to dynamically adjust the stock levels based on each location. The decisions are based on seasons and cycles, among other factors unique to each site. The rich insights guide users on how they can track service levels based on supply and demand predictability and ways in which they can perform root cause analysis to discover the problem areas. In addition to this knowledge, clients’ teams can understand how they can mirror the best practices of high-performing teams and rehash their approach accordingly.
Companies often get mired into challenges with their inventory and material flow. The main reason for this is the lack of ability to align their existing demand capacity and supply behavior based on customer demand. ThroughPut helps firms overcome these challenges by putting their operational improvements on autopilot. That means automated inventory turnover and streamlined movement of materials by minimizing the constraints in the supply chain.
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Our clients optimize all the key parameters to smartly predict customer demand, match it with their production capacity, and improve material flow across the end-to-end supply chain value stream
Marrying AI and Proven Scientific Concepts
Unique to ThroughPut, the company combines AI with the ‘Theory of Constraints’ (TOC) concept to further enhance the value of the insights delivered by its AI-based solution. As a result, ThroughPut’s clients can proactively identify and eliminate the existing bottlenecks in demand forecasting and capacity planning and reduce waste in supply chain and inventory management while meeting the client demands. “Our clients optimize all the key parameters to smartly predict customer demand, match it with their production capacity, and improve material flow across the end-to-end supply chain value stream. All this without spending unnecessary cost on production, inventory management, and staff,” explains Ali Raza, Founder and CEO of ThroughPut. “We do this by correlating the operations metrics with financial metrics. As a result, clients can easily understand the existing cash flow and come up with a strategy to free up cash much faster.”
The engine has built-in industrial operations expertise where AI is trained beforehand (built by AI experts) so companies don’t have to train the models separately. ThroughPut employs more than 45 heuristics and operational algorithms so clients can stay away from spending time and resources on developing AI models from scratch.
In a case study, one of the biggest European retail giants streamlined operations, including the movement of their goods, during COVID-19 with ThroughPut’s help. This supermarket chain was burdened by the unnecessary operational overhead and cost associated with the transportation of food items. Another challenge was the lack of intelligence about the products that were in high demand and strategies to improve the shelf life of their products. ThroughPut provided this retailer with an end-to-end view of their product performance, including the top-performing ones and the ones that had low demand. The AI solutions company also provided insights on the client’s current sourcing and freight forwarding strategies. The rich information helped the client quickly understand where the bottlenecks were, identify their root cause, and ways to overcome them. The retailer was also able to remove items from the shelf that were expensive and non-performing.
ThroughPut has emerged as the thought leader in the industrial supply chain technology arena with a team that is easily one of the best in the world. Having TOC specialists, AI experts, and supply chain gurus in its kitty, ThroughPut continues to push AI innovation further and bring new breakthroughs in supply chain optimization. Bubbling with energy, passion, and will to create greater possibilities, the company is quickly expanding to new global locations.
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Company
ThroughPut Inc
Management
Ali Raza, Founder and CEO
Description
Combines AI and Theory of Constraints concept to build an AI-based supply chain management solution that puts the operations in autopilot. ThroughPut doesn’t just stop at providing end-to-end supply chain visibility. It helps the decision makers detect, prioritize, and alleviate dynamic operational bottlenecks just-in-time through various measures that include: forecasting demand with increasing accuracy, optimizing supply chain through quick reroute plans, and automating material flow using AI. Such capabilities allow companies to unlock their existing capacity, discover hidden constraints much faster, and rearrange available resources for maximum outcomes
PALO ALTO, Calif. -- ThroughPut Inc. announced the addition of Steve Robinson to its Board of Advisors. Steve is an award-winning supply chain and operations expert with over 20 years of experience heading multi-billion dollar global strategy, operations, and supply chain transformations for some of the world's largest, most complex organizations.
In today's market characterized by frequent supply chain disruptions, businesses the world over are looking to progressively strengthen their supply chain operations and acquire the ability to adapt to and overcome ever-growing market changes. As a result, they are shifting toward more holistic, AI-powered solutions that are driven by data and support rapid agility and scalability. ThroughPut's advanced AI and data-driven approach to solving modern businesses key supply and operational challenges is widely successful in delivering value across the entire supply chain spectrum, including end-to-end visibility into supply chain operations, predictive analysis of near-term supply chain disruptions, and actionable real-time recommendations to increase operational responsiveness.
"It's an honor to have Steve join our board to help scale our rapid supply chain intervention platform. Industrial companies today are looking for faster supply chain damage control. From the 'Warehouse-to-the-War-Room', Steve has touched every aspect of the supply chain and quickly brought tangible results across iconic brands with world-renowned supply chains. Steve shares our common vision of using end-to-end supply chain technologies to generate real operating leverage and impactful financial gains. We look forward to learning from a pioneer in the supply chain space." explained Ali Raza, CEO of ThroughPut Inc.
"I am honored to have been welcomed into the fold of ThroughPut Inc.'s Advisory Board," said Steve Robinson. "I'm excited to work with this unique team of leading domain experts to leverage the full potential of AI as we identify and implement holistic solutions to modern-day supply chain and industry challenges – for today and into the future. ThroughPut harnesses powerful AI that identifies how you can achieve the highest service levels, with the lowest feasible inventory levels, all while simultaneously defining the lowest landed cost and the most optimal cash conversion schedule for your supply chain whether measured holistically, by line of business, manufacturing site, or by SKU. Together, we aim to empower large and small businesses to eliminate operational bottlenecks and reroute processes to affect undeniably positive, incremental outcomes at scale, with the highest level of accuracy possible today," he added.
Robinson's career spans technology vendors, logistics service providers, consulting, sales, operations, and M&A operations for employers ranging from startups to Fortune 50 companies. Prior to joining ThroughPut, he served as the CEO of his non-profit outfit, The Supply Chain Project.Org., as a partner at Tompkins Ventures, and as Co-Founder and Chief Operating Officer of the TeleHealth Juggernaut iWILL 'til i'mWELL. Steve began his career as a Production Supervisor at UPS, following which he became a Terminal Manager for Roadway Express, and CF Motor Freight (now XPO Logistics). He then went on to join Walmart, where he effectively became the first Chief Supply Chain Officer in 1994. During his tenure there, he introduced the Must-Arrive-By-Date, and Merchandise Logistics concepts along with several ToC concepts that helped to transform the company's operations for larger scales. Following Walmart, Steve switched over to the digital world when he became Executive VP of Product Marketing and Strategy at i2 Technologies, acquired by JDA, and now BlueYonder. This was followed by stints at executive posts at Air Road Express, One Network Enterprises, and Transplace. His last enterprise role was as the VP of Global Logistics and the Supply Chain Center of Operations Excellence at Starbucks. He became the COO of Gobble, a Silicon Valley startup to demonstrate how the latest tech could impact Supply Chains. While there he accepted the national award on behalf of the company as the "Most Innovative Supply Chain for 2019.