How FusionOps is Delivering the Future Supply Chain: On-Time In-Full
We’re thrilled to welcome FusionOps to the Georgian Partners family today. FusionOps has a great leadership team, an impressive track record of success with large customers, and is well positioned to disrupt the way that companies optimize their supply chain. Perhaps most impressive is the way that FusionOps helps decision-makers cut through the noise and figure out what really matters to the success of their business.
The implications of mistakes and missteps in a company’s supply chain can be huge. It can lead to delays, missed opportunities and customer dismay which can quickly cost millions of dollars and tarnish a brand. Just look at the real-life examples of supply chain disasters that companies like Boeing, Adidas, GM, Wal-Mart and Hershey’s have endured over the years.
And supply chains are getting more and more complex for companies of all sizes.
Today there are more options than ever for sourcing, selling and delivering products. Customer expectations are pushing businesses to the brink of real time and there is more data than ever before to make this a reality (drones anyone?). In fact, with the increased availability of low-cost sensors and smart devices that help track the physical world at ever more granular levels, the amount of data is increasing faster than many organizations can cope with.
A key part of the solution is to implement more scalable, responsive systems that can manage large volumes of complex supply chain data and, more important, move beyond descriptive reporting to deliver real actionable insights. It’s no longer enough to be told what’s in the rearview mirror, companies need insights into what they should do today to address the issues they may face six months down the road.
That’s why I’m excited to announce our investment in FusionOps. Based in Mountain View, California, their supply chain intelligence cloud brings together data from an unlimited number of sources and delivers actionable insights that supply chain professionals can use immediately to start improving business performance.
Companies use FusionOps to harmonize all of their supply chain data, everything from traditional sources like ERP, planning, warehousing and logistics solutions, to emerging sources like IoT sensor data, to other publicly available and third-party sources including weather, commodities and risk data. All of that gets stored in a scalable, secure cloud environment that doesn’t have any constraints on how much or what types of data you can manage. In fact, the more data you give it, the better the insights FusionOps can deliver.
But what excites me most is that on top of all that harmonized data exists a vast library of analytic models and metrics that harness years of supply chain domain expertise to create simple solutions tailored for the needs of ordinary business users. Companies don’t have to hire data scientists to unlock the potential of their supply chain. Nor do they have to worry that changing an ERP implementation or bringing on new data sources will bring their system to its knees.
If you’re interested in learning more about FusionOps and supply chain intelligence, I’d encourage you to listen to this podcast with CEO Gary Meyers.