#8 – Matthew Scalese on Supply Chain Innovation
In AI Simplified Episode 8, Matthew Scalese and Amjad Hussain discuss Supply Chain Innovation.
Skip, recap, or review with timestamps:
3:35 Evolution of Supply Chain
5:45 Guiding commercial strategy & having a seat at the table
7:05 Balance between visibility, accuracy & agility
8:20 Disrupted Supply Chain
12:53 Removing Bias in Supply Chain
14:38 Demand Forecasting
20:15 Balancing history and “the art” in forecasting
22:53 Citizen Data Scientists
23:54 Metadata & normalizing data
26:19 Identifying outliers in data
28:45 Resources needed to gain industry data
32:55 How to focus on Inventory Accuracy
36:37 Cost savings with inventory accuracy
39:17 Managing layers between manufacturers & consumers
41:55 Satisfying the Customer & Agility
44:53 Scenario Models
47:42 Visibility & Agility consciousness in an organization
50:50 Inflation, Normalization, and Future Planning
54:24 What does good visibility & data look like?
57:59 Blockchain 59:30 Supply Chain Innovation
1:01:55 Legacy ERP Systems
1:03:47 Organizational models to support innovation
1:06:15 Thinking as an entrepreneur
1:08:34 Advice for Supply Chain Analysts
1:14:31 Closing Thoughts
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Why a podcast about human-centered AI?
”People are either talking about artificial intelligence (AI), machine learning, deep learning, etc. in a very technical way or not at all. Having studied Computer Science and Advanced Analytics and created an AI - advanced analytics supply chain company, I understand first-hand how valuable the field is, but not everyone does. I want to change that. We can all learn principles of AI and implement them in very practical ways. Whether you want to automate a part of your business or create a new business altogether, AI can help you. My goal through this podcast is to simplify AI.
Calling it a podcast gives you a broad understanding of how we'll communicate, but the format will be much more engaging than just audio. However, you can listen to AI Simplified like a traditional podcast too.Amjad HussainFounder + Chief Executive Officer, Algo
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About the host
Amjad Hussain is an entrepreneur at heart. He founded Algo where he is the CEO during the day and AI lego blocks designer at night. He has built an intrinsically motivated global team of deep business domain experts, AI architects, computer scientists and software engineers. Algo is an always on full stack platform with deep learning, augmented reality and workflow automation woven at its core. The platform has a conversational virtual business analyst persona as its primary user interface. The company is enjoying sustainable growth creating tremendous net new value for its customers world-wide.
Amjad completed his Bachelors in Electrical Engineering with Honors from UET Lahore. He earned his Master’s degree in Electrical Engineering & Computer Science from UMIST, in the United Kingdom and an Advanced Analytics MBA from MIT. He has completed general management programs at Harvard and Stanford business schools. Amjad deeply cares about ethical issues surrounding AI and its societal impact.