Chew on this... On June 26, 1974, a pack of Wrigley's Juicy Fruit gum was the first product "scanned" using a barcode - marking a significant shift forward in the use of digital technology to remove friction from global supply chains. The next time you're at Wrigley Field watching the Chicago Cubs or walking down Michigan Avenue and see the beautiful Wrigley Building along the Chicago River, know that Wrigley is more than just a set of iconic Chicago landmarks. Today, GS1 – the non-profit behind the barcode – helps more than 300,000 companies across 25 industries use digital technologies to optimize their trade relationships and build deeper connections with their customers. At nutrād, we are pleased to count so many at GS1 US, GS1 Canada, and GS1 as friends and collaborators. Happy Birthday GS1!
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Great party on a Fulton Market rooftop w hosts Drive Capital, Polsky Center at the University of Chicago, Wilson Sonsini Goodrich & Rosati. Sooo many awesome founders to chat w - focused on building great Ai, Quantum, and Biotech companies IN CHICAGO. Nice to spend time with our University of Chicago friends: Shyama Majumdar, Ph.D, MBA, Amelia Salter, Michael J. Franklin, and Anna (Szuba) Wislocki - as well as our 11 Tribes Ventures friends (and investors) Mark Phillips, and Kristina Chapple. #TCW24 #TechChicagoWeek #TechChicago
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Q2 Highlights on platform progress.
nutrād's monthly newsletter is out today - highlighting our progress for Q2 and in a not-so-subtle way suggesting why our intelligent supply chain tech is a global game changer. If you didn't get a copy, sign up at: https://zc.vg/YH6VP
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Honored to be selected to pitch in the AI Innovation Lab finals (4p today) at 1871. Thanks to pitch finals Judges + Sponsors at: Aon, Discover Financial Services, Drive Capital, Decasonic, EX3 Labs, HPA, HubSpot, Microsoft, Molson Coors Beverage Company, Suntory Global Spirits, World Business Chicago, Verizon
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A full house today The University of Chicago Booth School of Business Gleacher Center with Quantum, Cleantech/Sustainability startups building great tech anchored in (mostly) Chicago. Sponsors, helping keep Chicago at the center: Amazon Web Services (AWS), Caruso Ventures, our friends at Cooley LLP, McAndrews, Held & Malloy, Ltd., TechNexus Venture Collaborative, and the awesome Sunil Grover at True Blue Partners Much thanks to Shyama Majumdar, Ph.D, MBA, Polsky Center at the University of Chicago, and the ever-present Samir Mayekar for a great event.
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As the final main stage panel at the GS1 Connect conference last week, our focus on AI felt like an optimistic future for the implied challenge set out by the first main stage panel - how do we fix the broken and leaking product data pipes? GS1 standards have been the cornerstone of supply chain efficiency for 50 years. While there is still progress to be made, the robust foundation laid by GS1 US, combined with the ongoing efforts of brands, distributors, and retailers to enhance systems and processes, gives me confidence we can collaborate our way to a more efficient - and less leaky - supply chain. Thanks to Melanie Hilton, SVP of Community Engagement at GS1 for moderating a great discussion on AI. I was honored to be on stage with Canice Wu / Salesforce, Myron K. Burke / Divergent Advisors, and Jenelle Tortorella Kelly / SmarterX. See y’all next year in Nashville.
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"Product Data may be the new Oil, but the pipes are all broken and leaking." Let's fix that now! Great start to the GS1 US conference yesterday. Excellent panel led by Bob Carpenter, with The Coca-Cola Company, Golden State Foods, Whole Foods Market.
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With two simple words: Augmented + Connected - Gartner makes clear the real difference between next-gen AI systems and the frustrating database/spreadsheet-driven core of today's Supply Chains... For decades, Supply Chain Professionals have invested tremendous time and serious capital to organize their product data. So why aren't global chains more productive and less costly? When Supply Chain workers add content to a database or spreadsheet they are organizing their data in the same way one would organize documents in a file cabinet. Christian Titze, Dwight Klappich, and the Gartner Supply Chain practice suggest a 2024 trend, the "Augmented Connected Workforce" will become the "connective tissue that optimizes the use of intelligent technology, workforce analytics and skills augmentation." Rather than simply dump critical trade and product data into a digital file cabinet, Supply Chain Professionals can now use AI-based tools to Augment (improve) data and Connect (share) data in ways impossible with database, data pool, or spreadsheet-driven solutions. This is transformational thinking and will lead to significantly more functional and less costly global chains.
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Enjoyed presenting at the Q1 Venture Engine Showcase for Manufacturing sponsored by the Illinois Science and Technology Coalition held at the amazing Homeland Security Training Institute at College of DuPage. Thank you for the invite Jacob Barry. Great to meet IMEC Illinois, Joe Cassidy, MBA, EdD, OrdrSmart (Techstars Farm to Fork'23), Climastry, Cohesive Manufacturing, T-Sale Metals, and Volexion - all Illinois companies working to innovate and drive manufacturing forward.
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1871 is bringing together our community of Supply Chain Innovation thought leaders, startup disruptors, corporate partners, and trailblazers for an afternoon experience discussing the latest trends and technologies reshaping the future of supply chain management in 2024. Virtual Today | 2.7.24 | 4:30 pm – 5:30 pm CST
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