Automation in Action: Insights from Blue Ridge & PiF Technologies Podcast
At Blue Ridge, we are committed to transforming supply chain planning through expertise, enthusiasm, and empowerment. Recently, two of our Blue Ridge leaders joined a podcast with one of our valued partners, PiF Technologies, for an episode that is packed with valuable insights on how Blue Ridge differentiates our solutions to tackle complex supply chain challenges and drive operational efficiency. Here’s a sneak peek into what Jeff Jatcko (VP, Sales) and Ken Carpenter (Chief Product & Strategy Officer) shared:
Differentiation from a Product Perspective
Jeff starts with the fundamentals, emphasizing that accurate forecasting is only the beginning. The real challenge lies in executing supply chain planning and management effectively. This includes calculating safety stock, converting forecasts into actionable supply plans, and determining optimal order cycles. Unlike many systems that rely on basic moving averages, Blue Ridge uses advanced algorithms to achieve 90-97% forecast accuracy, significantly improving planning precision.
We offer detailed visibility into the logic behind our forecasts and orders. Users can drill down into the detailed components to understand the rationale behind our recommendations. This transparency ensures our platform isn’t a black box; users can see and trust the processes driving their supply chain decisions.
Ken explains that our platform goes beyond forecasting—it’s about executing orders based on that forecast. This includes managing order policies, calculating the most profitable times to order, and even placing purchase orders. We automate these processes so supply planners can focus on strategic decisions rather than manual tasks. Our system ensures all data remains within a unified database, eliminating the risks associated with disparate spreadsheets.
Tackling Complex Supply Chain Challenges
We dive deep into the methodologies behind data collection, recognizing that different customers have unique ways of gathering data. Understanding these methodologies is key to creating accurate forecasts. In the real world, constraints like supplier policies and order minimums must be managed. Many ERP systems and BI tools fall short here, leading to heavy reliance on spreadsheets and manual data manipulation. Our solution integrates these processes, reducing the need for spreadsheets and minimizing errors. Our differentiation lies in our ability to simplify complex supply chain processes, integrate various planning components into a unified platform, and provide transparency and advanced accuracy in forecasting and execution. This makes us a powerful partner in optimizing supply chain performance and achieving business goals.
Industry Adaptability
We recognize that different markets use different terminology and structures. Whether it’s wholesale distribution with terms like “buyer” or manufacturing with distinct demand and supply planning teams, our platform adapts to meet these varied needs. With almost 20 years of historical data for various vertical markets, Blue Ridge enables customers across industries to create insightful reports and embed operational strategies.
AI & The Future of Supply Chain Planning
Blue Ridge is exploring generative AI for natural language querying and business intelligence, although current technology isn’t fully reliable for critical operations. Tools like ChatGPT and Co-Pilot offer potential for support functions, but predictive AI still requires development to ensure trust and accuracy. Blue Ridge emphasizes the importance of automation that customers can trust, ensuring data accuracy and reliability for operational decision-making. Current generative AI technologies can provide inaccurate data, undermining trust and operational efficiency. AI must support users with accurate and actionable information, particularly in regulated industries like beverage distribution. Blue Ridge continues to innovate in supply chain planning, leveraging historical data and exploring AI capabilities to enhance automation and support for customers. While generative AI holds promise, our focus remains on ensuring data accuracy and trustworthiness to meet operational needs.
Use the links below to tune into the full podcast episode for a deep dive into these topics and to learn more about how Blue Ridge is empowering businesses to achieve supply chain invincibility.
About PiF Technologies
As a leading integrator of document and data automation solutions, PiF specializes in implementing and supporting cutting-edge technologies like Artificial Intelligence (AI), Robotic Process Automation (RPA), and Machine Learning (ML). PiF’s mission is to tackle operational inefficiencies head-on, particularly in manual data entry processes, by harnessing technology to automate tasks and streamline previously manual processes. Learn more at: https://www.piftechnologies.com/
Ready to streamline your Supply Chain and Accounting Operations?
Automation helps create long-term success through efficiency, error reduction, and resource allocation. Both Blue Ridge and PiF Technologies have experience building customized and powerful solutions for distributors of all sizes across the country. By working with PiF Technologies professional services team and the experts at Blue Ridge, we can help you identify opportunities to optimize your operations. Want to learn more? Contact us today!
