Alloy.ai & CloudPaths partner for real-time supply chains

CloudPaths partners with Alloyed.ai for real time supply chains

Key Takeaways

The partnership between Alloy.ai and CloudPaths enables consumer brands to leverage real-time data integration, enhancing demand sensing and improving accuracy in demand forecasting.

Businesses can streamline decision-making and optimize inventory deployment through automated planning tools, which help mitigate stockouts and reduce excess inventory.

Utilizing integrated supply chain analytics from this collaboration significantly enhances operational efficiency, leading to measurable cost savings and improved resilience in an evolving market.

Data integration and retail analytics provider for consumer brands Alloy.ai, is partnering with CloudPaths to integrate real-time data with advanced planning solutions for supply chains. The strategic partnership will empower businesses with real-time visibility and accuracy in demand forecasting.

By leveraging Alloy.ai’s real-time data integration platform and CloudPaths’ SAP expertise, consumer goods companies can now optimize their supply chain and demand planning processes. This integration enables businesses to track sales and inventory levels across retail partners with up-to-the-minute accuracy, improving overall efficiency and responsiveness to market changes.

Joel Beal, CEO and Co-founder of Alloy.ai, said: “We are excited to partner with CloudPaths to help consumer products businesses tap into real-time data from third parties to sense demand and improve demand planning accuracy. Our platform’s integration of real-time data provides essential visibility into market dynamics, which, combined with CloudPaths’ deep expertise supporting SAP planning customers, equips businesses to adapt to shifting demands.”

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Key benefits of the partnership

This collaboration offers several advantages to consumer brands. They include:

  • Enhanced demand sensing: By accessing real-time data from a variety of third-party sources, businesses can better understand market trends and consumer behavior.
  • Improved demand planning: Real-time, harmonized data inputs help refine forecasting models, leading to more accurate demand predictions.
  • Streamlined decision-making: The integration simplifies workflows, allowing companies to make faster, data-driven decisions that optimize inventory deployment.

“CloudPaths’ collaboration with Alloy.ai reflects our commitment to delivering practical and effective solutions for supply chain planning customers. By pairing our expertise in SAP IBP with Alloy.ai’s real-time data capabilities, we are helping consumer brand businesses stay flexible and competitive in the ever-changing market demands,” said Tushar Bhalla, CTO of CloudPaths while highlighting the partnership’s potential.

What this means for ERP Insiders

Real-time data drives accuracy. According to SAPinsider research, 67% of organizations report that real-time data integration significantly enhances demand forecasting accuracy. Together, Alloy.ai and CloudPaths are enabling businesses to remain agile in today’s dynamic retail environment. By providing real-time insights and automated forecasting, this partnership helps companies mitigate stockouts, reduce excess inventory, and align their supply chain strategies with actual consumer demand.

Automation reduces supply chain risks. Studies show that 58% of enterprises leveraging automated planning tools experience fewer disruptions in inventory management. CloudPaths plays a critical role in helping organizations leverage automated planning tools by integrating SAP IBP (Integrated Business Planning) solutions that enhance visibility, accuracy, and efficiency.

Enhanced visibility leads to cost savings. This partnership underscores both companies’ commitment to advancing supply chain resilience and efficiency, ensuring consumer brands can thrive in an ever-evolving market landscape. Data from SAPinsider research indicates that 72% of businesses using integrated supply chain analytics achieve measurable cost reductions and improved operational efficiency. This shows the criticality of utilizing real-time supply chain analytics to enhance an organization’s resilience to disruptions.