That’s where TransVoyant can help. Since 2012, TransVoyant has been helping forward-leaning companies innovate and transform their supply chains. The company achieves this by providing the software, services, analytics, insights, and information clients need to gain real-time transparency and live situational awareness of their global end-to-end supply chains.
“There is an abundance of information from a variety of sources being emitted by supply chains every day which goes under/unutilized,” says Jim Butera, the Vice President, Customer Growth at TransVoyant. “That’s where we come in and digitally transform our customers’ supply chains using live insight, providing greater transparency to granular-level events and proactively predicting opportunities and risks to improve performance.”
Basically, there are three sources of information that need to be fused to gain transparency and live situational awareness. First is the existing enterprise systems used by companies to plan and execute their supply chain operations. The next source of information is the trading partnering ecosystem companies rely upon to make their supply chains work. The last source is the external events that surround a supply chain that could impact, delay, or disrupt its performance.
From terrestrial, near-space, and spacebased sensors, TransVoyant collects, cleans, and fuses over one trillion global behavior events each day, giving them the largest repository of real-time big data globally. By leveraging this data, the company assists industries utilizing complex global supply chains to provide high value/high consequence products to their customers, such as life sciences, industrial, and consumer goods manufacturers.
For the customers inclined to build their own digital supply chain control tower on AWS or Azure for instance, TransVoyant has its Continuous Decision Intelligence™ (CDI™), which provides the insights, information, proven ML/AI analytics, and fusion of the data sources available through a two-way API stream architecture. Building on CDI™, TransVoyant offers a SaaS-based software solution called Precise Predictive Enterprise™ (P2E™), which provides many of the control tower views needed to proactively manage daily end-to-end supply chain operations in the moment. This can also be used to automate notifications/alerts indicating when performance deviates from the plan.
CIOs and IT leaders appreciate TransVoyant’s ability to provide value quickly helping to keep project and financial risk low
Lastly, TransVoyant offers TransVoyant Care Team that puts its people in the control tower as a managed service for customers who may be resourced constrained or just wants another set of eyes monitoring their global end-to-end supply.
“Our component-based solution architecture uses microservices enabling us to easily configure the solution to fit the existing technology landscape, providing only the capabilities needed to fill gaps and hit price points that ensure a rapid ROI and lower TCO,” mentions Butera. “CIOs and IT leaders appreciate this level of agility and TransVoyant’s ability to provide value quickly helping to keep project and financial risk low.”