Inspectorio unveils Paramo to optimise supply chains with AI

Core Insights - Inspectorio has launched a new offering that integrates business data with advanced technologies, including generative AI capabilities, to automate intelligence and streamline operations [1] - The new system, Paramo, serves as an integrated intelligence layer across the supply chain platform, focusing on quality control, risk management, product management, traceability, and lab testing [2] - Despite significant investments in enterprise GenAI, many organizations struggle to see returns due to poor integration and limited adaptability, which Paramo aims to address by enhancing flexibility and transparency in supply chains [3] Group 1: Paramo's Features - Paramo combines data from retailers and suppliers into a single reliable source, creating a powerful data hub that enhances AI-driven operations [4] - The system utilizes AI models to assist in retail decision-making through risk prediction, document processing, and an AI chat assistant, improving sourcing, compliance, and quality control [4] - Paramo employs agentic AI to automate tasks related to sourcing, compliance, quality, and traceability, actively addressing risks as they arise [5] Group 2: Industry Impact - The CEO of Inspectorio emphasized the importance of high-quality data and production chain visibility for trustworthy decision-making in a complex supplier landscape [5] - Organizations are encouraged to evolve operations by increasing agility and automation, with Paramo positioned as a solution to transform disruption into stability and growth [6] - Inspectorio's cloud-based solutions aim to digitize and interconnect supply chain processes, providing real-time visibility and intelligence for informed decision-making [6]