LLamasoft, a specialist in enterprise decision solutions, recently announced the release of its new llama.ai platform. Delivered via a software-as-a-service, llama.ai provides an AI-powered enterprise-scale decision platform that combines expertise in operations with machine learning, optimization and simulation algorithms to generate insights, develop predictions and provide answers to business users across a company.
Capabilities of the platform include:
Digital Twin – a digital representation of the end-to-end supply chain with an appropriate level of granularity gives llama.ai customers the ability to explore options, assess risks and evaluate trade-offs across business functions
Algorithm Library – purpose-built supply chain algorithms including the ability to add custom algorithms to provide new ways to answer complex questions
App Studio – to develop personalized applications to allow business users to m leverage advanced algorithms, analyze specific business questions, view new data insights and assess predictions and recommended actions
“Traditional supply chain planning and execution systems have existed for many years, and while they’ve added value, we still find that Microsoft Excel is the single most dominant supply chain decision-making tool. Our new platform, llama.ai, harnesses the power of AI to create new insights, make better predictions and prescribe the best options to achieve desired business outcomes,” said Razat Gaurav, CEO of LLamasoft. “By leveraging the llama.ai digital twin, enterprises gain a clear understanding of impacts across multiple business functions and can leverage internal and external data in new ways to improve decision making. This not only helps businesses maximize on their investment in traditional systems, but it brings the revolutionary impact of AI directly to the decision makers who need it most.”
“There is a lot of energy and discussion around digital decision making. When we look at projects for planning or demand, we see that human bias often makes things less accurate. Now, with LLamasoft’s AI capabilities and the digital twin, we can have an accurate look at inventory, transportation and planning because our customers can look at solutions more holistically across their ecosystem,” said Nick Banich, Head of Supply Chain Transformation North America at Miebach Consulting
About LLamasoft, Inc.
LLamasoft delivers the science behind supply chain’s biggest decisions. Over 750 of the world’s most innovative companies rely on LLamasoft to design operational strategies to achieve profitability and growth goals. Powered by AI and advanced analytics, LLamasoft’s decision platform enables business leaders to solve problems in new ways and make smarter decisions faster as their business and operating models change. With a true digital twin of the extended supply chain, LLamasoft deploys decision solutions through enterprise ready apps, custom apps, and an extensible no-code App Studio. Its customers have identified more than $15.5B in value leveraging insights from LLamasoft’s solutions. To reach its goal to positively impact 100 million lives by 2022, LLamasoft partners with humanitarian organizations, government entities and the World Economic Forum, and its solutions are being used to design and optimize health supply chains.
