We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
Home » RIGHTCHAIN Launches RightChain AI
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

RIGHTCHAIN Launches RightChain AI

March 19, 2019
No Comments

SANTA ROSA BEACH, Florida, March 19, 2019. [RightChain.com] RightChain™ AI is the industry's most comprehensive and advanced supply chain artificial intelligence (SCAI) offering - a one-stop, cloud-based, subscription pOréal access to AI, analytics, optimization, knowledge and education to answer the twenty-five most difficult supply chain questions in real-time. The offering is in response to what Dr. Frazelle calls the growing "supply chain complexity-capabilities gap".

Dr. Ed Frazelle, RightChain president and CEO, shared the following on the new offering. "We have developed and applied machine learning, large-scale optimization, big data science, and deep knowledge bases to supply chain planning, S&OP, network design, inventory optimization, logistics strategy, transportation planning, sourcing, supply chain financial analysis, and warehouse configuration. The results with some of the world's premier corporations are nothing short of shocking; typically yielding 1% to 5% of sales to the bottom line via service strategy optimization and accompanying increases to fill rates for key customers and SKUs; 22% to 38% increases to the financial performance of inventory; 3% to 19% reductions in supply chain expenses; and 4% to 31% increases to supply chain capital utilization."

Dr. Frazelle and RightChain™ have a long and storied history developing and applying human and artificial intelligence to supply chains. "My PhD research in the late 1980s was focused on the application of AI to warehouse operations. During that research and our consulting work I noticed that very few professionals working in supply chains had any formal or advanced education in the field. The large majority of supply chain initiatives were failing as a result; and supply chain strategies and operations were under-serving and sometimes hampering the very businesses they were meant to enhance. We have been developing and applying supply chain intelligence ever since - crafting AI-based algorithms and deep knowledge bases to address the most difficult decisions in supply chain strategy and management."

The launch of "supply chain intelligence as-a-service" is timed to coincide with the release of Dr. Frazelle's latest supply chain book titled, "Supply Chain Artificial Intelligence in The Intelligence Economy" and the upcoming PBS documentary on supply chain technology featuring RightChain's AI offering.

In an excerpt from the recent PBS documentary on RightChain™, Dr. Frazelle shared, "We are an all PhD firm, and an all nerd family. Our lunch and dinner conversations are non-normal to say the least, but we have our form of inside humor and we have great joy when we can help our clients break through the complexities that have stymied their professional and personal pursuits."

Company: RightChain

Company URL: http://www.rightchain.com/

Submit your logistics, material handling, or supply chain related company news in DC VELOCITY's Industry Press Room section or New Products section
Supply Chain Services
KEYWORDS RightChain
  • Related Articles

    LateShipment Launches Pulse, an AI Powered Platform to Improve Package Delivery Experience

    MangoGem launches ORITAMES APS Scheduler v2.5 adding extended AI capabilities

    ToolsGroup Launches AI-Powered Promotions Planning

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Wireless technology could help electric trucks charge more safely, efficiently

  • Port of Oakland reports slow February container volumes as retail activity sputters

  • Thoma Bravo completes $8 billion buyout of Coupa Software

  • What’s shaping omnichannel fulfillment strategies?

  • WMS feels the squeeze

Now Playing on DCV-TV

Ce1e8b83 026c 4709 8554 43eef6c78213

Will the Silicon Valley Bank Fallout Affect Your Supply Chain? And Our Salute to the Women Supply Chain Leaders

DCV-TV 4: Viewer Contributed
The developments with Silicon Valley Bank and other financial institutions have gotten everyone’s attention. Will these banks be “isolated incidents” or do they portend a contagion with dire economic consequences? Candidly, I think the verdict is still out.That said, we’ve heard from some shippers and columnists who...

FEATURED WHITE PAPERS

  • Five tips for parcel success in 2023

  • Education Series: How, When and Why to Use XR Wearables in Your Industrial Business

  • The Future of Fleet Management: 5 Trends and Influences That Will Drive Logistics in 2023

  • The five best applications for robotic lift trucks in warehouse environments

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing