Highlights –
- Using Verte’s unified data-first approach, the platform’s AI prescriptive solution can be applied to the manufacturing, planning, and positioning of inventory across a complex retail fulfilment network.
- Verte’s multi-cloud platform has been built with distributed, microservices-driven disruptive architecture to fulfil current and future supply chain needs.
Verte, a leader in supply chain visibility, launched new Artificial Intelligence (AI) functionality on its cloud platform. AI is visionary to the supply chain, and in the current e-commerce landscape, it’s a must for all organizations to have a platform with seamless, real-time connectivity.
Verte’s technological solutions provide real-time supply chain insight with a data-driven platform that centralizes information to provide supply chain transparency. Verte is ideally positioned to provide aggregated data solutions that address critical industry concerns related to inventory and customer fulfilment, allowing retailers, shippers, 3PLs, and carriers to operate more efficiently. It is the ultimate sophisticated connector to demand channels, available and in-transit items, carriers, service providers, and any type of physical place.
Using Verte’s unified data-first approach, the platform’s AI prescriptive solution can be applied to the manufacturing, planning, and positioning of inventory across a complex retail fulfilment network. Verte’s AI inventory management solutions assess consumer fulfilment choices and buying behaviors, hence boosting e-commerce and store inventory levels. The service is available to any entity. Operations, partner providers, merchants, service providers, and vendors – all can participate and optimize.
“We strongly believe that AI technology is going to have an enormous and beneficial impact on the e-commerce and supply chain industry in the coming years, which is why we are constantly advancing our AI capabilities. AI-driven solutions will be essential to e-commerce success. Organizations must leverage management tools with predictive analysis capabilities such as our new AI-enabled omnichannel platform to improve the customer journey,” said Shlomi Amouyal, Verte’s Co-founder and Chief Technology Officer.
To shorten lead times and gain multi-enterprise visibility into each source, sharing and receiving available-to-promise inventory with and from specific suppliers needs access control. Furthermore, putting everything under a single cloud platform establishes the fact that each fulfilment decision is aligned with the requirements of the business, whether that is cost or time.
Verte’s multi-cloud platform has been built with distributed, microservices-driven disruptive architecture to fulfil current and future supply chain needs. The platform also enables 6X faster onboarding and 5X times speedier volume management. Other features include dynamic integration for multi-channel order capture, especially for e-commerce, wholesale, and aggregation clients, and a ready-to-start EDI (Electronic Data Interchange) Integration.
The platform allows for real-time visibility of container status and order movement across demand channels, as well as a network facility with multi-dimensional analysis of consumer preferences and experience. Additional assets include prescriptive dynamic replenishment and distributed dynamic network fulfilment execution.
Flexible, configurable templates (50+ pre-built templates, from labels to BOLs) can help organizations ease their order compliance working and obtain inventory reclassification in real-time using virtual inventory segmentation across channel sales. Furthermore, the Verte platform provides different units of measure inventory management across demand channels to optimize inventory movement and picking.
The supply chain company’s new AI features also offers efficient route planning and shipments build-up with adaptive changes to service level as needed. Organizations can use multi-mode last-mile delivery management, data management, and reporting analytics with transparency and traceability enabled through blockchain to manage and execute business delivery. The platform also facilitates automated billing and invoicing to support transactional and value-added services in addition to centralized returns management for omnichannel returns (store returns and/or e-commerce returns).
“With Verte’s machine-learning technology helping predict supply chain outcomes, sellers will be able to forecast their ability to meet a goal with a retailer or end-customer. Moreover, buyers will be able to make plans based on shipment timings,” said Padmanabhan Raman, Verte’s Co-founder and Chief Product Officer.