AWS Supply Chain Debuts
November
29, 2022
AWS
Supply Chain is a new application that helps businesses increase supply chain
visibility to make faster, more informed decisions that mitigate risks, lower
costs, and improve customer experiences. AWS Supply Chain automatically combines
and analyzes data across multiple supply chain systems so businesses can observe
their operations in real-time, find trends more quickly, and generate more
accurate demand forecasts that ensure adequate inventory to meet customer
expectations. Based on nearly 30 years of Amazon.com logistics network
experience, AWS Supply Chain improves supply chain resiliency by providing a
unified data lake, machine-learning-powered insights, recommended actions, and
in-application collaboration capabilities.

In recent years, supply chains have experienced unprecedented supply and demand
volatility accelerated by widespread resource shortages, geopolitics, and
natural events. These disruptions put pressure on businesses to plan for
potential supply chain uncertainty, respond quickly to changes in customer
demand, and keep costs low. When businesses inadequately forecast for supply
chain risks—such as component shortages, shipping port congestion, unanticipated
demand spikes, or weather disruptions—they face excess inventory costs, or
stockouts that cause poor customer experiences. To gain visibility into their
supply chain network, businesses must build custom integrations that can access
and process data across an array of enterprise resource planning (ERP) and
supply chain management systems. These projects introduce expensive third-party
engagements and long-term development cycles, and they struggle to detect
patterns that reveal supply chain problems as they occur. Without real-time
context, businesses rely on outdated information or best guesses that make it
difficult to respond effectively to unexpected issues. Even when a business has
identified the most impactful problems and decided what to do next, supply chain
teams often coordinate the resolution across multiple phone calls and
emails—without all the needed information to resolve the issue. As a result,
businesses are less prepared to respond to supply chain risks that impact
customer promises and operational costs.
AWS Supply Chain is an application that improves supply chain visibility and
provides actionable insights to help businesses optimize supply chain processes
and improve service levels. Customers can easily set up a unified supply chain
data lake using AWS Supply Chain’s built-in connectors, which use pre-trained
machine learning models based on Amazon.com's nearly 30 years of supply chain
experience, to understand, extract, and aggregate data from ERP and supply chain
management systems. AWS Supply Chain then contextualizes that information in a
real-time visual map highlighting current inventory selection and quantity at
each location. Inventory managers, demand planners, and supply chain leaders can
view machine learning-generated insights for potential inventory shortages or
delays, and create watchlists to receive alerts to take action as risks appear.
Once a risk is identified, AWS Supply Chain will automatically provide
recommended actions, such as moving inventory between locations, to take based
on the percentage of risk resolved, the distance between facilities, and the
sustainability impact. Teams can solve problems and collaborate using built-in
chat and messaging functionality. With AWS Supply Chain, businesses can more
accurately anticipate supply chain risks, take inventory rebalancing actions
quickly to save costs, and meet customer expectations.
“Customers tell us that the undifferentiated heavy lifting required in
connecting data between different supply chain solutions has inhibited their
ability to quickly see and respond to potential supply chain disruptions,” said
Diego Pantoja-Navajas, vice president of AWS Supply Chain. “AWS Supply Chain
aggregates this data and provides visual, interactive dashboards that provide
the insights and recommendations customers need to take actions toward more
resilient supply chains. And this is just the beginning—we will continue our
investment in AWS Supply Chain to help our customers solve their toughest supply
chain problems.”
AWS Supply Chain is available in preview today in U.S. East (N. Virginia), U.S.
West (Oregon), and Europe (Frankfurt), with availability in additional AWS
Regions coming soon.
Through the Accenture AWS Business Group and as a key partner, Accenture works
closely with AWS to combine their resources, technical capability and industry
knowledge to help enterprises unlock innovation, drive business value and
support growth through cloud adoption and transformation. “As supply chain
disruptions continue for the foreseeable future, companies need to stay focused
on balancing cost efficiency, sustainability and relevancy across their supply
networks to support growth. Executing a cloud-based digital strategy can enable
an agile, resilient supply chain that is responsive to market changes and
customer demands,” said Kris Timmermans, global supply chain & operations lead
at Accenture. “We will leverage AWS Supply Chain across our supply chain
offerings, including our SynOps platform, to bring pre-built solutions that
allow companies to move at speed, delivering automation into complex processes
to realize value faster.”
Lifetime Brands is a leading global provider of kitchenware, tableware, and
other products used in the home under well-known brands like Farberware,
KitchenAid, Sabatier, Swell, and Amco Houseworks. “Our global focus and
multi-tier access to customers motivates us to continually look for ways to
increase our forecast accuracy so that we can better position supply in
anticipation of our customers’ orders,” said Cliff Siegel, executive vice
president of Global Supply at Lifetime Brands. “We are delighted that AWS Supply
Chain demonstrated a significant improvement in our statistical forecast
baseline. We are keenly interested in leveraging the supplier lead time insights
from AWS Supply Chain to further improve our customer fill rates.”
Traeger
Grills is a leading provider of smokers, grills, and barbeque products. “At
Traeger, our mission is to bring people together to create a more flavorful
world. Yet, the last several years have put unprecedented supply chain pressure
on our ability to keep pace with customer demand in distributing the world’s No.
1 wood-fired grill,” said Bryan Carey, head of operations and analytics at
Traeger Grills. “We are excited to have a solution that helps us make nimble
rebalancing decisions based on supplier inventory and customer orders. By
leveraging AWS Supply Chain we have been able to increase the accuracy of order
forecasts by more than 35%.”
Whole Foods Market, a leading natural and organic foods retailer, operates more
than 525 stores in the U.S., Canada, and the UK. “We wanted a better view of
when new inventory would arrive at our distribution centers nationwide,” said
Leandro Balbinot, chief technology officer and senior vice president at Whole
Foods Market. “AWS Supply Chain combined data from our existing systems without
disrupting them. AWS Supply Chain’s visual map then made it easy to see
product-level inventory movement in real time. We expect AWS Supply Chain’s
integrated view and predictive planning analytics to materially improve
inventory management at our distribution centers.” |