Automated forecasts for sustainable supply chains
The collaboration aims to use predictive analyses to give companies a glimpse of the future and to make their supply chains more efficient and sustainable. To achieve this, pacemaker.ai will be offering an integrated solution that combines Celonis Process Mining with its own demand forecasting capabilities. The forecast data from pacemaker.ai can be natively integrated into the Celonis Intelligence Graph. Customers thus benefit from automated forecasts for the areas of purchasing, production and logistics. Overstocks and understocks are prevented, delivery times can be minimized and processes can be made more efficient.
“Managing complex supply chains and inventory efficiently is currently one of the biggest challenges for many medium-sized and large companies,” says Peter Budweiser, General Manager Supply Chain at Celonis. “This is why medium-sized and large companies benefit from our partnership with pacemaker: It combines our customers' comprehensive database with pacemaker's high-precision forecasts in a unique way and thus enables reliable and easy-to-implement forecasts for their demand planning.”
“We are pleased to support Celonis' market-leading process intelligence platform with our industrial expertise and powerful AI technology,” adds Christian Jabs, CEO of pacemaker. “Our forecasts already exceed the accuracy of existing solutions by 20% - 30%. In combination with high-quality process data from Celonis, we enable companies to exceed this and make even more informed decisions to make optimal use of their resources.”
About pacemaker
pacemaker.ai is a pioneer in sustainable, AI-powered supply chain solutions. Founded as a corporate venture by thyssenkrupp, pacemaker.ai offers modern and tailor-made software solutions for optimizing global supply chains — from industry for industry. The solutions, which can be individually configured to customer requirements, focus on demand forecasting and carbon intelligence and use a combination of raw data, industry knowledge and machine learning to provide customers from a wide range of industries with highly accurate forecasts and balance sheets. In this way, pacemaker.ai enables its customers to make data-based planning decisions in order to save resources, increase efficiencies and reduce costs. With an interdisciplinary team and close links to research, pacemaker.ai is shaping the future of global supply chain management. Sustainably better.
More information is available online at https://www.pacemaker.ai/
About Celonis
Celonis makes processes work for people, companies and the planet. The Celonis Process Intelligence Platform, based on Process Mining and Artificial Intelligence (AI), combines process data with business context to create a living digital twin of the company that connects people with processes, teams with each other and AI with operations. Thousands of companies worldwide, including half of Forbes Global 2000, use Celonis to better understand their business, optimize their processes, and achieve significant added value across the entire value chain. Celonis has headquarters in Munich and New York City, as well as more than 20 other locations worldwide. www.celonis.com