ThroughPut Inc. and Inteligistics have entered a strategic partnership to optimize profitability in the sale of perishable goods. The partnership ensures efficient supply and cold chain operations for fresher and safer delivery with full visibility. Both companies plan to leverage their individual capabilities to provide comprehensive solutions to the numerous challenges present in this industry.
The partnership harnesses ThroughPut's AI-driven supply chain analytics and decision intelligence software along with Inteligistics' expertise in supply chain performance and productivity. It addresses many issues such as limited supply chain visibility, product spoilage, and pricing volatility for perishable goods. The companies aim to utilize data at every point in the chain for the timely, profitable, and safe delivery of goods with the goal to minimize waste, lower rejection rates, and capture lost sales opportunities. The partnership also aims to provide solutions for improving fill rates, optimizing scheduling processes, and reducing rejection and discount rates.
Analyst QuickTake: Earlier this month, ThroughPut Inc. launched new AI-powered inventory management features on its platform to provide businesses with better visibility and control over their inventory across different locations and systems.
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