$0 raised out of $390,000
Overview
Platform
Crowdfunder
Start date
Dec 07, 2019
Close date
Jan 17, 2020
Concept

AI in Procurement and Operations.

Unique algorithm for AI in Supply Chain Management

Story

BluePEG is an Industry 4.0 cloud solutions company with a suite of products designed by manufacturing experts and proven to catapult their users into new levels of cost savings, profitability, process efficiency and lean achievements. BluePEG technologies will change the way businesses work and allow them to make better and smarter decisions using big data that was previously untapped or unusable

FEATURES

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MANUFACTURING INDUSTRY DILEMMA

In order to meet the ever-changing Customer demand (faster order fulfillment, more product options, and flexibility to change ordered quantities), manufacturers carry large amounts of inventory, in some industries over 70% of companies’ capital investment is tied up to inventory.

To be competitive, manufacturers need to resolve a dilemma: to increase safety inventory and have excess cash tied up vs reduce inventory with the risk of sacrificing Customer service.

OPPORTUNITY

Development of cutting-edge Industry 4.0 solutions

– Manufacturers believe that applying IoT to products will increase profitability over the next five years and are set to invest $267 billion in IoT by 2020 (Hitachi Solutions, 2019)

– By 2024, over 60% of G2000 manufacturing organizations will rely on artificial intelligence platforms to drive digital transformation across the supply chain, leading to productivity gains of over 20%. (Inbound Logistics)

– 36% of supply chain managers identify the opportunity to optimize their inventory to balance supply and demand as a top driver for their analytics initiative. (SupplyChain247)

– By 2019, 75% of large manufacturers will update their operations using IoT implementations and analytics to accelerate the time to market and mitigate risk. (IDC)

– Companies are seeking new digital solutions to make their supply chains more efficient, streamlined and future-proof. According to business leaders “Responding better to challenges and disruptions” is the top priority for their Business Planning Improvements (CGS 2019 ERP and Supply Chain Trends Report)

– Just in the United States, the manufacturing industry is a $3.1 trillion market (Bureau of Economic Analysis, 2019, www.bea.gov)

SOLUTION

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One of a kind strategic algorithm with emphasis on multi-item decision and prioritization (like in a chess game) to achieve superior inventory performance, source logistics optimization (SLO) agreements with suppliers and cost savings.

Artificial Intelligence Made Simple

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OTHER PRODUCTS

End-to-End Supply Chain Management Solution


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Statistics indicate about 60% of production activities in a typical manufacturing operation are waste i.e. there is no added value for the customer (Lean Enterprise Research Centre (LERC)). iSequence revolutionizes production planning to enable businesses to deliver products with higher efficiency and at lower costs. By using Artificial Intelligence (AI) it automates the production process and operations planning functions while determining an optimum sequence to satisfy both the technical (lead time, process plans, machining operations, number of tool changes, line change overs etc.) and the economical (resources and costs) constraints.

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A predictive analytics solution, Masivo, compliments BluePeg portfolio of products – by incorporating the financial acumen, and by learning from historical and current sales data and effectively generating forecasts to allow businesses to make informed marketing and cross-selling decisions.

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With addition of IGo&See, Radar is an Industry 4.0 smart production floor monitoring solution which empowers its users to promote and sustain Kaizen and 5S within the organization and achieve productivity, efficiency, quality and, business excellence, overall.

DIFFERENTIATORS

– BluePEG’s Board of Advisors has over 150 years of combined executive level experience in Operations Management working with Fortune 500 corporations in the manufacturing and distribution industries, as well as experience in training and development for Supply Chain Management associations and Lean Methodologies in Asia, Africa, Europe, Latin America and the United States.

– By following manufacturing industry best practices and Japanese lean principles, BluePeg designed Industry 4.0 technologies with a bottom-line focus.

BluePEG go-to-market strategy utilizes the company’s large network of industry professionals and manufacturing organizations to deliver its unique value and achieve competitive advantage.

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