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Supply Chain Risk Insights Powered by Watson

Presenter: Tom Ward and Rahul Nahar
Company: IBM Corporation
Date Published: 6/1/2017

Description: Summary:
How do supply chain leaders know when to take costly risk mitigating actions to recover from the impact of a natural event (ie. a hurricane or earthquake) and when can they simply take caution, but no action?

Course Overview:
Managing global supply chains can be a risky business. The race for leaner supply chains has placed supply chain sites and suppliers in some unstable regions of the world. Events ranging from major hurricanes to social unrest and epidemics, threaten to disrupt the delivery of products and services. Risk Insights is a threat visualization service which uses the power of Watson to help supply chain leaders mitigate risk. Risk Insights utilizes news, weather event and social media data using Watson technologies to delivers new insights to IBM Risk Analysts on Bluemix. Data is ingested from dozens of real time reports ranging from the TWC to Twitter feeds from the National Hurricane Center. The trajectory of each named storm is monitored and displayed on Risk Insights. The storm track is supplemented with hourly analyzed news about the climatic event as it occurs. Risk analysts get the latest view of typhoons and hurricanes and are alerted when these intersect with their supply base.

Objectives:

  • Automated storm tracking, visualization, and risk assessments speed decision-making to minimize impact
  • Automated monitoring of impactful news events and social media feeds
  • Geospatial visualization of internal and external operations and supply chain locations
  • Extendable to other risk events, for example, strikes, conflicts, geo-political events, epidemics, and natural / man-made disasters
  • Risk mitigation workflow based on analytics
  • Share best practices for developing and deploying an supply chain cognitive service

    About the Presenters:
    Tom Ward Tom Ward is currently the IBM Enterprise Services Cloud and Cognitive strategist. He has led supply chain cloud projects over the past six years and for the past three years, Tom has led Watson applications for the Supply Chain. He has been a featured supply chain conference speaker and published author in Forbes, Supply Chain Management Review, AME, ASQ and APICS. Tom has a Master’s degree in EE from RPI.

    Rahul Nahar Rahul Nahar is the IBM Enterprise Services Analytics, Architecture & Strategy Senior Technical Staff Member. In his current role Rahul leads the development of Analytics and Cognitive Solutions for Enterprise Services. Rahul has been leading the effort to leverage Watson API's and Solutions in Account Receivables Collections, Supply Chain Risk Management (Risk Insights), Quality and Client Satisfaction. Rahul has a broad experience in developing and implementing Analytic Solutions for across the Supply Chain. Rahul has a Master's in ME from UVa.

  • Key Words: 

    supply chain



    Pricing:
      Members: $0.00 (Log on to receive the member rate)
      Non-Members: $75.00



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