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Inspectorio unveils Paramo to optimise supply chains with AI
Yahoo Finance· 2025-09-22 10:36
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]
Byte-Sized AI: Uber Freight Upgrades TMS; Ralph Lauren Launches Chatbot With OpenAI and Microsoft
Yahoo Finance· 2025-09-19 18:00
Group 1: Uber Freight and AI Integration - Uber Freight announced upgrades to its AI capabilities to enhance logistics efficiency and simplify operations [1][6] - The transportation management system (TMS) now allows clients to track the entire order-to-cash journey, providing a unified platform for quicker decision-making [6][10] - New features include automated data-gathering for bid awards, enabling real-time comparisons of costs and services, which aims to reduce decision-making time and costs for clients [8][9] Group 2: Google and PayPal Partnership - Google and PayPal have entered a multi-year partnership to enhance digital commerce through AI, focusing on improving transaction experiences [4][3] - The partnership aims to leverage PayPal's payment solutions and Google’s AI capabilities to foster agentic commerce while ensuring secure transactions [4][2] - The collaboration is expected to have significant implications for the technology and e-commerce sectors if executed effectively [3] Group 3: Ethosphere's AI in Retail - Ethosphere raised $2.5 million in a pre-seed round to develop AI technology that captures in-store conversations for feedback [11][12] - The technology aims to enhance customer service by providing actionable insights to employees and managers based on real interactions [12][13] - Ethosphere's approach focuses on empowering retail employees to improve customer experiences and drive sales [15] Group 4: Ralph Lauren's Conversational AI - Ralph Lauren introduced a conversational AI chatbot named Ask Ralph to enhance customer engagement and provide personalized styling recommendations [16][17] - The chatbot aims to create a richer e-commerce experience, allowing consumers to interact as they would with a stylist in-store [17][18] - The technology is powered by Microsoft’s Azure OpenAI platform, reflecting a shift in consumer shopping habits [19][20] Group 5: Inspectorio's Paramo - Inspectorio launched Paramo, an AI-native intelligence layer designed to unify supply chain management systems [21][22] - The system aims to create a single source of truth for data, enhancing risk detection and compliance while streamlining sourcing processes [23][25] - Paramo is positioned to help brands and retailers adapt to a complex supplier landscape by increasing agility and operational intelligence [25]