Altana has introduced what is claimed to be the world's first value chain management system. This system seeks to simplify and improve the understanding and management of global value chains.

The system features multiple capabilities, including enhanced visibility and data management, unified functionalities to support varying use cases, networked collaboration both internally and across value chains, a continuously growing knowledge graph powered by the world's largest organized supply chain data, and improved data security. These features have been realized through the potent combination of AI and machine learning.

Altana claims the new system can empower businesses to understand and better manage their global value chains. The system aims to solve complex global network problems and ensure the smooth operation of global commerce.

Analyst QuickTake: Many startups in the supply chain tech space are leveraging AI to enhance their product offerings. Recently, companies like Grydd , ketteQ , ThroughPut Inc ., and Retraced introduced new AI-powered solutions to support supply chain operations.