Altana releases next-generation supply chain management platform [Yahoo! Finance]
Boston Scientific Corporation (BSX)
Last boston scientific corporation earnings: 4/29 06:30 am
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Source: Yahoo! Finance
Customers will be able to keep track of, identify and manage each component of their supply chain. The enhanced platform uses both AI and machine learning to connect companies' supply chain data, documentation, internal knowledge, surveys and third-party analytics to create a unified view of their global value chain. Evan Smith, co-founder and CEO of Altana, tells American Shipper that by breaking out each layer of a product's full life cycle, shippers are able to be nimble and proactive in their supply chain needs and either pivot if necessary or manage their carbon footprint and Scope 3 initiatives. Smith says the company calls all of these different layers the “value chain.” He explained the value chain is the entire life cycle of a product, including not only the sourcing and production of raw materials, final assembly, sale and end use, but also financing, insurance and logistics. “By taking hold of your value chains, you can go on offense and defense,” said Smith. “For
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