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The $440 Billion Logistics Problem with Ilya Preston
Manage episode 409181283 series 3559527
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Ilya Preston and Joe Lynch discuss the $440 billion logistics problem. Ilya is Co-Founder & CEO at PAXAFE, a company that provides an autonomous AI-enabled decision support system for quality, transportation & supply chain leaders to exhibit resiliency and automation from their visibility investments.
About Ilya PrestonIlya is Co-Founder & CEO at PAXAFE. Prior to PAXAFE, Ilya spent almost a decade working with large enterprises. Ilya worked at Cummins, where he helped develop global supply chain strategies for their raw material commodities, including sheet metal fabrication, raw metal, trailers and containers. Ilya then spent several years in management consulting with both KPMG and PwC, where he worked with leadership teams across private equity, technology and healthcare to develop and implement strategies pertaining to M&A and supply chain.
About PAXAFEPAXAFE provides an autonomous AI-enabled decision support system for quality, transportation & supply chain leaders to exhibit resiliency and automation from their visibility investments. PAXAFE’s SaaS platform — CONTXT — is a device-agnostic risk-management platform that automates lane mapping and temperature management workflow, minimizes product and lane qualification lead times and reduces overall product loss for Life Science shippers and service providers. PAXAFE contextualizes active and passive visibility data, quantifies risk and predicts OTIF adverse events.
Key Takeaways: The $440 Billion Logistics Problem- PAXAFE helps businesses in the supply chain industry use data to improve their operations.
- They offer a platform called CONTXT that uses machine learning.
- CONTXT can predict problems and improve efficiency in supply chains.
- PAXAFE says that their platform can automate tasks.
- CONTXT can quantify risk in supply chains.
- PAXAFE's platform can recommend improvements to supply chains.
- PAXAFE helps businesses leverage data to get better results from their supply chains.
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