ThroughPut Inc., the Industrial AI Supply Chain pioneer, today announced the addition of key powerful financial capabilities to its supply chain software suite. The latest AI-powered software empowers businesses with a bird’s eye view of finances at the business unit and organizational level to identify those improvements in specific areas that can drive greater profitability and SKU-level contribution margins. Thus, organizations can eliminate the uncertainty of today’s market conditions and rapidly implement continuous improvements across their entire value chain, resulting in meaningful positive impacts to the bottom line quickly.
In today’s increasingly dynamic markets, businesses need more than ever to do more with less – sell more, guarantee more value, grab more share of wallet, as well as market share – all with less effort, time, capital and costs. Failure to do this swiftly, smartly, and on a sustained basis leads to erosion of not only real and potential revenue, but also of market position, brand, and eventually customer loyalty.
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“Every company generates reams of data. But your competitive advantage lies not in just visualizing that data, but rather your ability to drill down into the actionability hidden in every corner of your supply chain. Such AI-powered predictions lead to real business results for a healthy bottom-line,” explained Seth Page, COO of ThroughPut Inc. “Such capabilities should be at the fingertips of every responsible CFO and executive today looking to achieve more in volatile markets. Investors, shareholders and stakeholders are increasingly demanding better and more predictable financial, operational and sustainability results, and innovative industry leaders are taking note. Ultimately the power lies in knowing how to manage and leverage market dynamics that many executives otherwise tend to think are out of our control. The good news is that it all boils down to Supply Chain Actionability – dynamic working capital and efficiency improvements at a micro level across the entire value chain. ThroughPut helps companies achieve this quickly by leveraging our Supply Chain AI on their existing disparate data sources”.
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