{"id":7103,"date":"2023-12-05T08:00:40","date_gmt":"2023-12-05T13:00:40","guid":{"rendered":"https:\/\/www.algo.com\/?post_type=algo_press&#038;p=7103"},"modified":"2024-04-15T00:56:37","modified_gmt":"2024-04-15T04:56:37","slug":"algo-vnet-merge","status":"publish","type":"algo_press","link":"https:\/\/www.algo.com\/es\/press\/algo-vnet-merge\/","title":{"rendered":"Algo Merges with V Net Solutions to Expand Supply Chain Planning and Execution Capabilities"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">TROY, MI; December 5, 2023 \u2013 Algo, a leading AI-focused supply chain SaaS provider <\/span><span style=\"font-weight: 400;\">has merged with V\u00a0 Net Solutions, to form the leading global <\/span><span style=\"font-weight: 400;\">supply chain planning company<\/span><span style=\"font-weight: 400;\">,\u00a0 with AI- powered solutions for <\/span><span style=\"font-weight: 400;\">inventory planning<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">forecasting<\/span><span style=\"font-weight: 400;\">, and <\/span><span style=\"font-weight: 400;\">data analytics<\/span><span style=\"font-weight: 400;\"> for <\/span><span style=\"font-weight: 400;\">retailers and vendors<\/span><span style=\"font-weight: 400;\">.<\/span><span style=\"font-weight: 400;\"> The merger <\/span><span style=\"font-weight: 400;\">combines two industry leaders with a shared focus on driving AI-driven innovation with complementary customer offerings.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cI am excited to lead the newly integrated team at Algo. We are focused on helping our customers to break free from traditional supply chain planning methods, deploying AI-powered solutions to deliver next generation <\/span><span style=\"font-weight: 400;\">supply chain execution<\/span><span style=\"font-weight: 400;\"> and commerce capabilities,\u201d said <a href=\"https:\/\/www.linkedin.com\/in\/wayne-sim-ab792a5\/\">Wayne Sim<\/a>, CEO of Algo. \u201cThis merger provides our customers with a global capability and the combined power of two amazing companies at the cutting edge of the industry and the AI revolution.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The combined organization will deliver an <\/span><span style=\"font-weight: 400;\">expanded global offering that integrates <\/span><span style=\"font-weight: 400;\">data, simulation, and human intelligence<\/span><span style=\"font-weight: 400;\"> to enable customers to <\/span><span style=\"font-weight: 400;\">accurately predict demand, streamline operations, and ensure balanced inventory<\/span><span style=\"font-weight: 400;\">.\u00a0 <\/span><span style=\"font-weight: 400;\">The <a href=\"https:\/\/www.algo.com\/es\/platform\/\">AI-powered <\/a><\/span><a href=\"https:\/\/www.algo.com\/es\/platform\/\"><span style=\"font-weight: 400;\">platform<\/span><\/a><span style=\"font-weight: 400;\"> empowers our customers to intelligently plan, move and distribute their products globally, unlocking <\/span><span style=\"font-weight: 400;\">supply chain agility and resilience<\/span><span style=\"font-weight: 400;\">. <\/span><span style=\"font-weight: 400;\">Operating as Algo, the organization will supercharge supply chains, delivering predictable, measurable and consistent business improvements for our customers.\u00a0\u00a0<\/span><\/p>\n<p><b>&#8220;<\/b><span style=\"font-weight: 400;\">Demand and inventory planning<\/span><span style=\"font-weight: 400;\"> is in need of a transformation and the supply chain industry is ripe for modernization with AI-powered tools and connected platforms. In an environment marked by constant growth and escalating complexity, companies must adapt swiftly to fulfill their customers&#8217; evolving demands\u201d, said <a href=\"https:\/\/www.linkedin.com\/in\/furhanzafar\">Furhan Zafar<\/a>, <\/span><span style=\"font-weight: 400;\">VP, Product Operations, <a href=\"https:\/\/about.meta.com\/realitylabs\/\">Meta Reality Labs<\/a>.\u00a0 \u201cAlgo is at the forefront of facilitating this transformation, enhancing efficiency, and expediting the process. I anticipate that Algo will have a profoundly positive effect on a broader segment of the global supply chain, amplifying the pace of innovation that Algo customers have grown to rely on.\u201d<\/span><\/p>\n<p><b>About Algo<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Algo is <\/span><span style=\"font-weight: 400;\">a leading AI supply chain SaaS provider that uses<\/span><span style=\"font-weight: 400;\"> technology to transform information into opportunity, breathing new life into supply and demand for global organizations. Algo enables retailers, suppliers, distributors, and manufacturers to gain insight into their demand planning and inventory optimization processes, to supercharge their supply chains.\u00a0 Combining AI and machine learning with deep domain expertise, Algo\u2019s omnichannel SaaS platform helps suppliers and retailers plan, simulate, and execute more efficient supply chains through smart automation, actionable analytics, and digital twin technology. Visit <\/span><a href=\"http:\/\/www.algo.com\/es\/\"><span style=\"font-weight: 400;\">www.algo.com<\/span><\/a><span style=\"font-weight: 400;\"> to learn more.<\/span><\/p>","protected":false},"author":3,"featured_media":7273,"template":"","categories":[25],"tags":[],"algo_solutions":[],"class_list":["post-7103","algo_press","type-algo_press","status-publish","has-post-thumbnail","hentry","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Algo Merges with V Net Solutions to Expand Supply Chain Planning and Execution Capabilities - Algo<\/title>\n<meta name=\"description\" content=\"The Algo and VNet Solutions merger expands their depth of expertise and AI capabilities in demand planning and inventory optimization management for retailers and suppliers.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Algo Merges with V Net Solutions to Expand Supply Chain Planning and Execution Capabilities - 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