O4S to upgrade supply chain tech stack with AI and ML technologies
The company intends to expand the product offering to include a comprehensive warehouse management system.
The supply chain SaaS startup O4S has upgraded its tech stack by developing capabilities to provide artificial intelligence and machine learning capabilities to its clients in order to help them make the most of their data and to provide prescriptive insights into their supply chain.
"O4S will be developing its fine-grain reporting architecture on top of this massive horde of data from SKU/Product as it progresses through its life cycle. The company will enhance its main technological platform to usher in a distributed microservice paradigm in which the full journey of an SKU/Product may be replicated by a succession of atomic and idempotent services, hence enabling security, scale, and efficiency," reads the release.
The company intends to expand the product offering to include a comprehensive warehouse management system, a bidirectional order management system that connects to ERP systems via an API ecosystem, and a trade promotions optimization feature, which will be bolstered by an integrated trade margin and disbursements system.
With new additions to the technology stack – Edge Computing, and data analytics cloud on the platform, the company aims to fill in the supply chain vacuum across industries primarily FMCG, Consumer Electronics, Agriculture, Pharmaceutical, and Consumer Electronics. Some of the prominent customers include ITC, PepsiCo, Coca-Cola, Honeywell, AkzoNobel, and Mondelez among others.
"We are also looking to evolve the core technology platform and we are looking to usher in a distributed microservice model wherein the entire journey of an SKU/Product can be mimicked by a series of atomic and idempotent services, providing security, scale, and efficiency." quoted saying Prashant Vaghela, SVP – engineering, O4S.
The O4S SaaS platform enables visibility and traceability for every SKU/Product manufactured and along the entire supply chain flow. In other words, from manufacturing facilities through distributors, retailers, and finally to end-users. The company employs technically advanced edge computing and IoT capabilities to deliver unique and configurable on product serialization that can be identified and registered by a suite of apps running on top of this platform. O4S focuses on specialist technology innovation and platform improvement while comprehending the domain's complexity and inherent disorganization.
O4S has been on an upward growth trajectory. Over the previous year, the company's revenue has increased threefold, and its workforce strength has doubled. The Company is planning to add 200+ customers in 2022 from the current base of 50+ customers. Further, O4S has scaled its operations across South East, Middle East Asia & South America to enable Global Companies expand the traceability of products in multiple geographies.
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