Supply chain analytics and software solutions company, 3SC, has introduced SCAI, an intelligent supply chain planning and execution platform, to help businesses better manage the supply chains for their products and services. It is envisaged as an ideal supply chain management solution for a globally distributed network of suppliers, plants, customers/channels, complex global supply chains, and customers looking for sustainable supply chain solutions.
3SC saw a 46 per cent year-on-year growth with almost $49 million in Q3 2022. The Gurugram-based organisation with a presence in Southeast Asia, the Middle East, and Europe, raised $15 million in its Series B funding round last year led by GEF Capital’s South Asia Fund. This followed its angel funding in 2013-14.
SCAI expects to generate a revenue of $10 million annually and will be an ideal solution for enterprises with an average annual revenue ranging from $500 million to $1 billion.
Speaking on the launch of the new product, founder and CEO Lalit Das said, “It is an advanced planning system that uses artificial intelligence and advanced machine learning algorithms and helps businesses make intelligent decisions in end-to-end connected supply networks.”
He added that SCAI allows the prediction of future demand and disruptions across inventory, materials, and production processes, by identifying and monitoring interconnected supply network risks, quantifying the impact on key business KPIs, and then helping planners to work on mitigation strategies. “It enables correction of the supply network planning for real-time execution based on the signals and patterns mined from historical and real-time data and accounting analysis,” he added.
Co-founder Sarita Das stated, “SCAI is the latest offering by 3SC Solutions aimed at revolutionizing the supply chain sector for the 21st century. 3SC is exploring modern technologies like AI and machine learning to design smarter supply chain solutions for its customers.”