paretos

What happens when human expertise meets cutting-edge AI? ✨ The Otto Group is discovering just how powerful that combination can be. With AI Decision Intelligence, they’re not just making predictions—they’re transforming their entire supply chain: • Achieving up to 75% more accurate forecasts 📊 • Empowering teams with AI tools that are intuitive and easy to use 🤖 • Integrating seamlessly across divisions, from fashion to logistics 🚚 This isn’t just about numbers—it’s about creating a future where technology and people work together to achieve remarkable results. And we’re just getting started. Excited to see how this journey unfolds! 🚀 A big thank you to Lebensmittel Zeitung for the feature! Link in the comments. #decisionintelligence #AI #supplychain

🌟 Ready for some exciting updates (including a webinar invitation)? 🌟 While Christoph Andersch enjoys a well-deserved break, our colleague Konrad Heimpel has stepped in to share some key insights that have caught our attention this summer. 🔍 The Supply Chain Analytics market is set to skyrocket, potentially reaching up to $28.3 billion by 2030—an impressive 142% growth. This signals huge opportunities for anyone invested in data-driven technologies. 🧠 Alibaba has just launched a new AI-powered B2B sourcing tool, designed to make procurement smarter and more efficient, even for smaller businesses. Plus, McKinsey’s latest analysis reveals how Gen AI can unlock significant value in the retail sector—think $240 to $390 billion. 💡 Want to dive deeper? In September, Konrad will be joining AI Supply-Chain expert Heiko Ziegeler for a free online webinar on AI Demand Forecasting. Expect actionable tips and insights to future-proof your planning. 👉 Don’t miss out — registration link in the comments! #decisionintelligence #AI #AISupplyChainInsights #supplychainmanagement

Germany’s AI scene is thriving, and WirtschaftsWoche’s recent article highlights why 💡 They cover the appliedAI Institute for Europe gGmbH's selection of the top 27 AI startups, emphasizing how these companies, including paretos, are shaping the future of technology. The article “Die 27 vielversprechendsten KI-Start-ups in Deutschland” explores the key factors behind this recognition: innovative approaches, real-world applications, and the ability to drive digital transformation across industries. A big thank you to WirtschaftsWoche and author Andreas M. for shining a light on the pivotal role AI is playing in Germany’s tech ecosystem. Let’s continue pushing the boundaries of what AI can achieve together 🚀 #decisionintelligence #AI #techinnovation

The future of AI in Germany is all about solving real business challenges. 🚀 Recent analysis reveals that the number of AI startups in Germany has surged by 35% this year, reflecting the growing strength of this ecosystem. But these startups are taking a different approach from their international counterparts. Instead of building large language models or consumer-facing AI, they are creating targeted B2B solutions aimed at enhancing core processes in operations and production. This focus on specific, high-impact areas is setting them apart. Here are some key takeaways: • Industry-Specific Solutions: 95% of German AI startups concentrate on B2B, addressing tangible challenges in sectors like manufacturing and logistics. Companies like Paretos are leading the way by providing precise sales forecasts that optimize business planning. • Resilient Growth: Despite receiving less venture capital compared to global competitors, these startups are thriving by leveraging Germany’s deep expertise in sectors like industrial production. The report highlighted 27 particularly promising startups, many of which are pioneering innovative solutions that could reshape industries. • Long-Term Value: Investors believe that this focus on core business functions will create lasting value, giving German AI startups a unique edge in the global market. As these companies continue to grow, they are proving that effective AI doesn’t need to be flashy—it just needs to work. A big thank you to Handelsblatt and Luisa Bomke for shining a light on this exciting evolution and for featuring paretos as part of this dynamic landscape in the article “Deutsche KI-Start-ups setzen auf Kernprozesse von Unternehmen.” What’s your perspective on the future of AI in business? #decisionintelligence #demandforecasting #aistartups

paretos has been selected once again as one of the most relevant AI startups in Germany! 🚀 We are incredibly proud to share that paretos has been recognized for the second consecutive year as part of the “German AI Startup Landscape 2024.” Being chosen again is a testament to our relentless pursuit of innovation and our commitment to pushing the boundaries of AI technology. The “German AI Startup Landscape” is Germany’s most comprehensive and prestigious analysis of the AI startup ecosystem, spotlighting the pioneering work of German AI startups across diverse technologies and industries. 💡 Our heartfelt thanks go to the appliedAI Institute for Europe gGmbH for this recognition and to the distinguished jury, including Deutsche Telekom, NVIDIA, Intel Corporation, UnternehmerTUM, Cherry Ventures, Earlybird Venture Capital, UVC Partners, Yttrium, HTGF | High-Tech Gründerfonds, eCAPITAL ENTREPRENEURIAL PARTNERS, Burda Principal Investments, HV Capital, D11Z. Ventures GmbH & Co. KG, MIG Capital und AI.FUND

🌱 How can AI make supply chains more sustainable? We explore this important topic (including Cheat Sheet): 1. Optimized Logistics: See how AI-driven warehouse locations can reduce transport routes and carbon footprints 2. Demand Forecasting: Understand how AI helps minimize overproduction and waste, making operations more efficient and sustainable 3. Sustainability in Action: Read about real-world examples and practical tips on using AI for sustainability We’ve also created a Cheat Sheet on “AI and Tech Innovations for Sustainable Supply Chains” to help you get started. How are you making your supply chain more sustainable, and do you plan to use AI for this? Enjoy reading! #AI #Sustainability #SupplyChain #GreenTech #AIforGood #SustainableSupplyChains

Transforming E-Commerce: Insights from the K5 Conference Our colleague Sebastian Burgmeier attended the K5 - Future Retail Conference on behalf of paretos and returned with some compelling insights that we’re eager to share. 🔍 Key Takeaways: 1. Market Sentiment: The market is tense for many companies, but there are signs of slow improvement 2. Shift from B2B to D2C: This shift is poised to transform existing business models 3. Competitive Landscape: Temu and SHEIN are seen as serious competitors, yet there’s a limited willingness to tackle innovative issues and build tomorrow’s business models 📈 Insights on Competitive Advantage Sebastian highlighted that SHEIN’s on-demand business model gives them a decisive edge. They significantly reduce overcapacity through small-batch manufacturing, data-driven merchandise planning, and on-demand production. Here’s something many don’t realize: you don’t need a 100+ person engineering team to be data-driven. At paretos, we focus on enabling every company to reduce overcapacity and undercapacity through AI-based demand forecasting and mathematical optimization. 🤝 The Need for Clear Ownership A crucial point that emerged is the need for clear ownership of decision intelligence and data-driven optimization. Who should take responsibility? The E-Commerce department, Merchandise Planning team, IT, or Supply Chain department? The answer: It’s a cross-departmental initiative. We need doers who are ready to take ownership and build the business models of tomorrow today. Let’s take the initiative and shape the future of e-commerce together! A big thank you to Sebastian for bringing back these valuable insights! 🙌 #ECommerce #DecisionIntelligence #AI #DemandForecasting #paretos #K5Conference

Unlocking the Future of Supply Chains with Decision Intelligence! We are thrilled to share our experience from the EY Supply Chain Days, where paretos, in collaboration with the Otto Group, showcased innovative solutions and successful projects. Our workshop, titled “Decision Intelligence in der Praxis,” was a deep dive into the transformative power of AI in the supply chain. 🔍 Key Highlights: • Engaging Workshop: Interactive discussions and participant engagement with over 20 industry leaders. • Success Stories: Demonstrated real-world use cases with the Otto Group, particularly in outbound and fulfillment operations. • Lascana Case Study: Showcased how we automated SKU replenishment for Lascana, leading to a 78% improvement in forecast accuracy. This project reduced manual efforts, overproduction, and logistics costs while preventing stockouts and associated revenue losses. A big thank you to Tobias Reul from the Otto Group for the fantastic collaboration and support! Together, we’re paving the way for smarter, more sustainable supply chains. Stay tuned for more insights and success stories! 🌍 📈 #SupplyChain #DecisionIntelligence #AI #Sustainability #paretos #OttoGroup #EYSupplyChainDays

🔍 Curious about which AI type is perfect for your daily supply chain challenges? Discover the answer in the second edition of our AI Supply Chain Insights Newsletter! ✨ 💡 This edition features: 1. AI Types Comparison: Find out which AI technology fits your specific needs 2. Latest OECD Study: Gain insights from the newest OECD report on Germany’s AI ecosystem, exploring talent development, research, practical applications, and more 3. Success Story: Discover how Wunderlich, a leading fruit and vegetable wholesaler, leverages AI to optimize their supply chain, reduce food waste, and enhance efficiency Happy reading and enjoy the insights! #AI #SupplyChain #DecisionIntelligence #OECD #GenerativeAI #ForecastAI #RecommendationAI #AISupplyChainInsights

🌟 Balancing Supply Chain Cost and Sustainability: A New Era with paretos and PwC 🌟 We are excited to share our latest collaboration with PwC Deutschland, exploring the dynamic interplay between supply chain cost and sustainability. 🌍📈 In the face of changing customer demands and increasing sustainability requirements, businesses are under immense pressure to maintain profitability while incorporating ESG considerations. Together with PwC, we’ve crafted a comprehensive article that addresses these challenges and presents innovative solutions for modern supply chain management. Here are some highlights from the article:   🔍Today’s Supply Chain Challenges: • The complexity of supply chain planning is heightened by the need for sustainable and fairly sourced products. • New legal requirements, such as the EU Act on Corporate Due Diligence Obligations in Supply Chains, add another layer of complexity to the traditional trade-offs of cost, service level, and inventories. 🚀 Modern Optimization Technology: • Leveraging our Decision Intelligence platform, paretos enables businesses to balance traditional supply chain considerations with ESG-related constraints. • Our platform utilizes state-of-the-art AI algorithms, machine learning models, and automated monitoring to provide optimal trade-off planning, supporting decision-making with Multi-Objective Optimization. Together with PwC’s proven transformation approach, we support organizations in integrating ESG factors seamlessly into their supply chain planning, ensuring transparency, visibility, and optimal decision-making. We are grateful to the team at PwC for their collaboration and expertise, especially Marisa Seth, Florian Sämann, and Johannes Splietorp, for their invaluable contributions to this project. ✨ Curious to learn more? Dive into the full article to see how we envision the future of sustainable supply chain management and how paretos can help your organization achieve its sustainability goals. #paretos #PwC #SupplyChainManagement #SupplyChain #SupplyChainInnovation #SupplyChainExcellence #SupplyChainAutomation #ESG #Sustainability