Noodle.ai Flow Operations Debuts
March 15,
2021
Noodle.ai introduced a new category of AI software for
manufacturers called Flow Operations, or FlowOps, which
enables a company to, for the first time, drive toward
perfect operations flow and become a no-waste enterprise.
Noodle.ai has spent five years of R&D and invested $110
million developing its portfolio of artificial intelligence
software.
FlowOps technology solves the chronic problem of operations
entropy in manufacturing and supply chain. Entropy is a
tumble into disorder, seemingly random deviations, and
unpredictable events that occur. Operations entropy leads to
production problems and enormous waste: defective and
obsolete products get tossed, trucks drive empty, unplanned
downtime eats margins, supply doesn't accurately meet
demand.
Some $2 trillion is lost every year in the supply chain due
to excess inventory, product defects and unplanned
downtime1,2,3, and 50% of the world's waste comes from
industry4. The importance of building highly functional,
resilient supply chains is so critical that it triggered the
Biden administration to sign an executive order addressing
the problem, underscoring the urgency for predictive
solutions to combat inefficiency on a global scale.
"81% of supply chain leaders think AI is the most important
technology for their future," according to Gartner5. In
addition, distinguished VP Analyst at Gartner, Noha Tohamy
recently stated, "AI impact on supply chain is
transformational. By augmenting the ability to synthesize
data, identify patterns and arrive at conclusions, AI
supports humans' ability to analyze information and make
data-based decisions. AI supports the vision for automation
across the supply chain."6
"We all should have a particular respect and empathy for
front-line professionals who are responsible for
manufacturing and distributing products. They have it rough
and are the core of how we feed, clothe, and sustain
society," said Stephen Pratt, CEO of Noodle.ai. "Factories
and supply chains are designed to flow perfectly. When we
see the seemingly random disruptions to flow, factory and
supply chain professionals bear the brunt of the noise. We
are happy to announce that help has arrived with Flow
Operations. For the first time, these professionals can see
through the fog of entropy, eliminate waste, and restore
flow."
Noodle.ai's
FlowOps technology product portfolio is comprised of five
applications: Asset Flow, Quality Flow, Demand Flow,
Inventory Flow, and Production Flow. The applications look
for patterns in a company's operations, predict possible
scenarios, continuously learn, and make recommendations that
improve the smooth flow of goods from raw materials to
factories to shelf. Achieving such elegant synchronization
can make industrial waste all but extinct. FlowOps is made
possible by the combination of breakthroughs in
high-performance computing, data storage and machine
intelligence. One key to Flow Ops is Noodle.ai's use of
Explainable AI (XAI), which takes in vast amounts of data
about every action in a manufacturer's operations and
identifies patterns that were previously undetectable.
"During the pandemic, supply chains around the world turned
to Noodle.ai to effectively predict and navigate an
unprecedented crisis," said Scott Darling, president of Dell
Technologies Capital, a Noodle.ai investor and board member.
"It also put a real spotlight on the need for FlowOps
technology. This will be a requirement for every enterprise
in the future, where minimizing supply chain waste will be
critical in order to maintain competitive advantage and
maximize profitability."
"FlowOps is more than a solution. It sets a new standard
that enterprises must realize when managing complex supply
chains, enabling profitability and scalability without
waste," Noodle.ai's Pratt said. "This is truly a roadmap to
a world without waste."