Ceres is a leader in AI-driven supply chain management solutions that enable companies to reduce their risk and increase resiliency by finding patterns & trends in data to predict upstream disruptions, often months in advance. Our Nostradamus AI engine predicts delays and disruptions in the supply chain network for each purchase order and supplier months in advance with 80%-85% accuracy. It leverages geopolitical events, commodities prices, macroeconomic data, ship transportation data, trade data, satellite imaging, and many more data sources to provide not only a risk probability score for each purchase order and supplier, but also the severity of the delay as well. This allows the ability to respond to delays and disruptions months ahead of the market and competition. Thie enables companies to reduce canceled orders, ensure purchase orders arrive on schedule, and provide a competitive advantages to capture market share from competitors.
External link for Ceres Technology
701 Brazos St
Austin, Texas 78701, US
3102 Oak Lawn Ave
Suite 109
Dallas, Texas 75219, US
This one is for the #Procurement pros! What is the biggest challenge you face when working on your vendor/supplier management? If there are any others not listed, please add them in the comments! #procurementprofessionals #suppliermanagement #procurementandplanning
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Wishing everyone a safe and happy Memorial Day Weekend! As we celebrate the unofficial start of Summer, we pause to take a moment on why we even have this 3 day weekend. Ceres Technology will be closed on Monday, normal business hours to resume on Tuesday May, 28th.
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Early-Stage VC: REFASHIOND Ventures | Industrial Transformation & Supply Chain Technology | Founder: #TNYSCM & #TWSCF | Adjunct at NYU Tandon School of Engineering | Research Driven: #UnknownUnknowns
Memo: Meet the 50 Industrial Transformation & Supply Chain Technology Startups REFASHIOND Ventures: The Industrial Transformation Fund has backed since September 2021 (#50StartupsIn50Days #REFASHIOND50) Startup: Ceres Technology Count: 33 of 50 Brief Description: Ceres Technology uses internal and external data to help companies predict upstream disruptions in their supply chains, up to months in advance. The platform can also: Determine which specific suppliers are most at risk; Pinpoint the reason and severity of a delay; Proactively mitigate the disruption by identifying potential alternatives, and; Lower the amount of inventory safety stock that its customers need to hold. Investment Rationale: The problems Ceres Technology solves are particularly important for multinational companies with complex supply chain networks since such companies can suffer both large one-time costs and significant ongoing costs due to unforeseen supply chain shocks. In "The Business Costs of Supply Chain Disruption" the authors identify 11 factors that lead to supply chain disruptions and that survey respondents expect to worsen over the next 5 years. #ObsessivelyEnthusiasticInvestor #UnreasonablyEnthusiasticInvestor We look for the people we believe are doing the best work in Industrial Transformation & Supply Chain Technology; Attempting the impossible. Then we go all-in on them. With OBSESSIVE and UNREASONABLE ENTHUSIASM. Our Investment Thesis: REFASHIOND Ventures: The Industrial Transformation Fund invests in early stage startups refashioning legacy industries through Data & AI, Advanced Materials, Advanced Manufacturing, & Next Generation Supply Chains; Defensible through economic moats. Join us. #IndustrialTransformation #SupplyChain #Innovation #Technology #Startups #VentureCapital #DemandTheImpossible #DataAndAI #NextGenerationSupplyChains
Last week our co-founder and CEO, Bobby Katoli, as well as our CIO Carlos Amaral, were in Denver presenting at Boomi World! We were honored to be able to present on the Next Generation of Supply Chain AI: How Boomi and Ceres Technology Predict Disruptions as well as a case study on Forecasting Disruptions with 82% Accuracy! If you missed us in Denver we will also be heading to the next Plug and Play Tech Center event! #AI #SupplyChainTech #SupplyChainSolutions #ForecastingDelays
Boomi World in Denver is shaping up!
Bobby Katoli just finished presenting “the Next Gen AI Supply Chain: How #Boomi and #CeresTech Predict Disruptions” at the 2024 Boomi World Event in Denver, Colorado #aisupplychain #strategicpartner #boomiworld #aidisruption Michael Bachman
Come visit us at Boomi World next week at booth 502! We're also going to be presenting, so be sure to stop by the theater! Theatre Session 1: Date: Wednesday 8th May Time: 1:45-2pm Title: Next-Gen AI Supply Chains: How Boomi & Ceres Predict Disruptions Theatre Session 2: Date: Thursday 9th May Time: 9:45am-10am Title: Supply Chain Resilience Case Study: Forecasting Disruptions with 82% Precision Click here to register if you haven't yet: https://lnkd.in/d7fmV38h #BoomiWorld2024 #SupplyChain #Conference #InventoryManagement #Planning #Forecasting
We are honored to be featured in the number 1 spot on the Boomi partnership page! 🎉 Connect to any application in minutes with Boomi! Discover featured partners and connections here: https://lnkd.in/d-dUx_BM #partners #AI #boomi #connection #technology
Ceres Technology reposted this
Our Plug and Play Tech Center accelerateAZ team collaborated with our partner Intel Corporation to convene startups and manufacturing corporations at Intel Vision 2024 🌐 We held private breakout sessions where startups demonstrated their solutions in the fields of Robotics & Automation, Industrial Supply Chains, Digital Twins, and Workforce Safety 💡 The semiconductor and manufacturing sector is experiencing rapid growth in Arizona and across the U.S. and these startups have amazing technologies that can truly transform these industries. Thank you to Intel Corporation Intel Capital Intel Ignite Arizona Commerce Authority for helping to organize this event. Featured Startups Included: Robotics & Automation Circuit Mind Molg Humatics Syenta Industrial Supply Chains ThroughPut.ai Ceres Technology Arkestro Digital Twins Intel Automated Factory Solutions facilis.ai Xyte Workforce Safety Voxel TuMeke Ergonomics #innovation #startups #venturecapital #AZ #arizona #manufacturing #robotics #automation #workforce #digitaltwin #supplychain #semiconductors #aerospace
The Future of AI was showcased in many ways this week. During Intel Vision 2024 in Phoenix, AZ, Plug and Play accelerateAZ and Intel hosted a private breakout session during the conference, where we had 12 startups with AI applications providing solutions across Robotics & Automation, Supply Chain, Digital Twins & Workforce safety. Special thank you to our partners at Intel Corporation, Intel Capital, Intel Ignite, Arizona State University, and Arizona Commerce Authority for coming together to put on this fantastic startup showcase. Plus, a huge shot out to all the startups: Circuit Mind Molg Humatics Syenta ThroughPut.ai Ceres Technology Arkestro Intel Corporation - Automated Factory Solutions facilis.ai Xyte Voxel TuMeke Ergonomics #innovation #semiconductors #ai Frederik Bohn Dean Simms-Elias Shea Bryant Brian Douglas Pendleton Dani Napier Harrison Stephanie Cope Chris Matthieu Saeed Amidi Rouzbeh Borhani Reza Khaj Plug and Play Tech Center
AI is changing the game and is popping up everywhere. It seems every day there is a new terminology to learn with the constant AI developments. Generative AI? Practical AI? What does it all mean and which is the best for your organization? Can you integrate AI with SAP, if so how? And how long does it take? We've created this white paper to answer these questions so you can stay in the know. 🤓☝ Download it here: https://lnkd.in/dNg9qQbe #integration #ai #implementation #practicalai
We had the pleasure of attending the Gartner Conference in Orlando last week as a partner of Boomi! Michael Bachman, it was incredible listening to you speak and we are so excited to be helping Boomi on their #ai #supplychain journey! #supplychainexcellence #supplychaintech #partner