We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » LLamasoft Launches AI-Powered Enterprise Platform to Enable Companies to Make Smarter Decisions
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

LLamasoft Launches AI-Powered Enterprise Platform to Enable Companies to Make Smarter Decisions

January 29, 2020
No Comments

ANN ARBOR, Mich. - January 28, 2020 - LLamasoft, a global leader in enterprise decision solutions announced today the release of its new llama.ai platform. Delivered via a software-as-a-service, llama.ai provides an AI-powered enterprise-scale decision platform that combines deep expertise in operations with the latest machine learning, optimization and simulation algorithms to generate insights, develop predictions and provide smart answers to business users across a company.

In the 'never normal' business environment, staying ahead requires a dramatically different approach to solving problems and making smart decisions faster. LLamasoft is leading the industry by offering an enterprise-scale decision platform that combines three key analytics capabilities to accelerate and democratize better decisions across a company. Capabilities include:

• Digital Twin - a digital representation of the end-to-end supply chain with an appropriate level of granularity gives llama.ai customers the ability to explore options, assess risks and evaluate trade-offs across business functions
• Algorithm Library - purpose-built supply chain algorithms including the ability to add custom algorithms to provide new ways to answer complex questions
• App Studio - to develop personalized applications to allow business users to more easily leverage advanced algorithms, analyze specific business questions, view new data insights and assess predictions and recommended actions

Through these analytic capabilities, llama.ai users gain a deeper understanding of supply chain performance and potential, the ability run multiple business scenarios and perform trade-off analysis and harness a no-code app development architecture to operationalize decisions to the organization.

"Traditional supply chain planning and execution systems have existed for many years, and while they've added value, we still find that Microsoft Excel is the single most dominant supply chain decision-making tool. Our new platform, llama.ai, harnesses the power of AI to create new insights, make better predictions and prescribe the best options to achieve desired business outcomes," says Razat Gaurav, CEO of LLamasoft. "By leveraging the llama.ai digital twin, enterprises gain a clear understanding of impacts across multiple business functions and can leverage internal and external data in new ways to improve decision making. This not only helps businesses maximize on their investment in traditional systems, but it brings the revolutionary impact of AI directly to the decision makers who need it most."

LLamasoft's extensive partner network has already been deploying the platform. Nick Banich, Head of Supply Chain Transformation North America at Miebach Consulting says, "There is a lot of energy and discussion around digital decision making. When we look at projects for planning or demand, we see that human bias often makes things less accurate. Now, with LLamasoft's AI capabilities and the digital twin, we can have an accurate look at inventory, transportation and planning because our customers can look at solutions more holistically across their ecosystem."

Serving a global market, Belcorp is a Peruvian-based seller of beauty and cosmetic products and an early adopter of llama.ai. They use this new platform to manage a global network of suppliers and a distribution network of more than one million beauty consultants.

"With LLamasoft, we have been able to make faster, smarter decisions and optimize our supply chain processes," said Gian Paolo Gandini, Sourcing Director, Belcorp. "Through this connected platform, we are able to create a digital twin of our end-to-end supply chain, which allows us to repeatedly test various scenarios and be prepared for any situation. With the added visibility from LLamasoft, we can make better decisions and remain ahead of our competition. Since deploying this new platform, we have made significant improvements to our supply chain and sourcing decisions and are looking forward to seeing those results continue in 2020 and beyond."

llama.ai is available now. For more information, please visit www.llamasoft.com.

About LLamasoft, Inc.
LLamasoft delivers the science behind supply chain's biggest decisions. Over 750 of the world's most innovative companies rely on LLamasoft to design operational strategies to achieve profitability and growth goals. Powered by AI and advanced analytics, LLamasoft's decision platform enables business leaders solve problems in new ways and make smarter decisions faster as their business and operating models change. With a true digital twin of the extended supply chain, LLamasoft deploys decision solutions through enterprise ready apps, custom apps, and an extensible no-code App Studio. Its customers have identified more than $15.5B in value leveraging insights from LLamasoft's solutions. To reach its goal to positively impact 100 million lives by 2022, LLamasoft partners with humanitarian organizations, government entities and the World Economic Forum, and its solutions are being used to design and optimize health supply chains.

Submit your logistics, material handling, or supply chain related company news in Supply Chain Quarterly's's Industry Press Room section or New Products section
    • Related Articles

      Coupa Acquires AI-Powered Supply Chain Design and Planning Leader LLamasoft

      Omnichain Launches End-to-end, SaaS-based Supply Chain Management Platform Powered by Blockchain

      Companies Turned to GAINS to Optimize Inventory and Transform Supply Chain Decisions

    You must login or register in order to post a comment.

    Report Abusive Comment

    Most Popular Articles

    • Report: Sagging freight stats show that trucking sector is returning to its historic mean

    • Survey: parcel delivery drivers are frustrated by using their own smartphones for work

    • Heavy transport across two continents

    • Survey: most Americans unaware that truckers face shortage of parking spaces

    • Supply chain executives not yet seeing expected results from technology investments

    Featured Video

    20221107korber large vs

    Enhancing Customer Experience with Your Supply Chain Strategy

    Viewer Contributed
    With the rise of e-commerce, many businesses have had to transform their warehouses to handle online orders in addition to regularly scheduled inventory shipments. This means warehouses need more information than ever before to ensure they can meet customers' needs. As a result, companies need to select warehouse...

    FEATURED WHITE PAPERS

    • Three layers of forklift safety: Promoting operating best practices

    • The Complete Guide to Automated Packaging

    • Five tips for parcel success in 2023

    • Guide to Pallet Rack Safety

    View More

    Subscribe to Supply Chain Quarterly

    Get Your Subscription
    • SUBSCRIBE
    • E-NEWSLETTERS
    • ADVERTISING
    • CUSTOMER CARE
    • CONTACT
    • ABOUT
    • STAFF
    • PRIVACY POLICY

    Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing