Adexa: Making Supply Chains Efficient since Inception
Over the last few decades, practically every industry’s geographic presence has expanded enormously. They handle networks of suppliers, subcontractors, manufacturing locations, and inventory points scattered across huge distances, both nationally and internationally, in addition to catering to more clients in more countries.
The immense complexity and unwieldiness of such a supply chain environment, if not properly managed, is the perfect breeding ground for wasted money, assets, and reputations.
Adexa’s technology allows you to reduce operational costs, inventory costs, and assure on-time delivery of items.
Adexa, which was founded in 1994, has grown to be one of the world’s premier supply chain planning firms. Fortune 2000 organisations from all five continents use its S&OP and S&OE solutions.
One of Adexa’s best characteristics is that it produces a single ecosystem that includes demand planning, inventory optimization, and supply planning, as well as factory planning and scheduling.
Adexa strengthens this system by employing optimization algorithms, heuristics, and machine learning approaches to provide precise real-time solutions over worldwide networks.
The corporation isn’t willing to let its market-leading position detract from its ongoing dedication to adaptability and dexterity, which is where the name comes from. It is already causing industry-wide revolutions by adopting cutting-edge technology such as Attribute Based Planning (ABP) and Artificial Intelligence. Self-Improving Supply Chain technology from Adexa continuously analyses underlying changes in the demand and supply network and adapts to the changing environment.
Adexa’s comprehensive array of supply chain solutions covers everything from top-level planning through execution, all in one place. This one-of-a-kind technique has a lot of advantages:
• Attribute-Based Planning (ABP) – Adexa’s proprietary technology that enables fast and flexible modeling of the supply chain and the ability to adapt to supply chain changes without any additional coding and consulting.
• Planning accuracy – the accuracy with which they can model a supply chain means that the resulting plans are executable and reliable.
• Low cost of ownership– When ABP technology is used, minimal resources are required to model the environment and make future changes as the business changes.
• Single-environment S&OP and S&OE – Virtually every other planning solution only uses S&OP technology based on spreadsheet-type plans, which require extensive manual intervention and, thus, are prone to errors. By contrast, Adexa’s highly-accurate plans are completely self-sustaining.
• Financial and operations planning combined – Financials and analytics are embedded in every Adexa planning module, giving end-users at every level their own dashboard to understand the financial consequences of every operational decision.
• Use of AI and Machine Learning technology – Supply chains evolve constantly and static models become increasingly inaccurate over time. Adexa’s Self- Improving Supply Chain© technology allows the system to constantly learn and adapt to its environment. Their technology reveals hidden trends which can be leveraged to constantly male good plans and deliver on-time at lower cost of operations.
• Risk management – AI technology can detect potential harmful trends before they affect the supply chain. For example, excess inventory, and impending shortages or weather conditions that may affect future deliveries.
Dr. K. Cyrus Hadavi invented Adexa in 1994. Dr. Hadavi is a leading expert in supply chain management and related subjects around the world. Adexa has grown to become one of the world’s top supply chain firms, with operations on five continents, under his guidance.
Many Fortune 1000 firms have benefited from Dr. Hadavi’s expertise, including Black & Decker, Solectron, Northrop-Grumman, Philips, Toshiba, GM, Boeing, Hanes, and Seagate.
Cyrus is a pioneer in the use of Artificial Intelligence to solve planning difficulties. He put the first generation of his AI planning solutions in place at Siemens’ facilities. This includes semiconductor fabrication lines, which are considered the most difficult to plan and schedule.
Dr. Hadavi delivered courses on the use of computer science and artificial intelligence to manufacturing as an Adjunct Professor of Operations Management at Columbia University. At Columbia University, the Wharton School of Management, Loyola University, Clemson University, and the Max Planck Institute in Germany, he has collaborated on research.
Dr. Hadavi is a frequent speaker at business forums and has published numerous articles and books on supply chain management, manufacturing, and ecommerce.
He graduated from the University of Birmingham with a B.Sc. in Electrical Engineering and an M.Sc. in Industrial Management. He also has an M.Sc. in Computer Engineering from the University of Southampton in the United Kingdom, as well as a Ph.D. in Electrical and Computer Engineering from the University of Michigan in Ann Arbor.
Dr. Hadavi is a member of Michigan University’s ECE Advisory Council (ECEC), a group dedicated to constructive, transformative change in all industries. He also serves on the Executive Board of the USC Marshal School of Business’s Center for Global Supply Chain Management.
Innovative Solutions, Always
It’s never simple to build a flourishing firm in an industry that develops and evolves so quickly. Adexa’s current status is based on its capacity to anticipate and prevent prospective disadvantages, as well as respond promptly and effectively when this is not possible.
The disparity in cultures amongst client firms has been one of the difficulties it has had to deal with since the beginning. Adexa has to constantly change and adapt its strategy to fit ideally in every situation because it interacts with such a wide customer.
Client education might be a roadblock as well. Because change is never easy, C-level executives on the client’s side must be persuaded of Adexa’s solutions’ efficacy. Adexa must properly communicate how their technology makes everyone’s position in the supply chain easier.
Finally, the functionality of legacy systems utilised by clients and the cutting-edge Adexa platform is vastly different. They must ensure that their sophisticated algorithms do not detract from the platform’s user-friendliness and that no additional end-user training is required.
Adexa’s reputation as one of the greatest supply chain planning businesses in the world is based on its ability to regularly address such difficulties.
The innovative culture is as strong as ever. Adexa is now merging animation technology with predictive analytics to create important information notifications across all mobile devices.
Adexa is setting the groundwork for continued success and industry leadership with such cutting-edge technology in the works.