Vekia Engine: the SaaS solution that simplifies AI technologies adoption in the supply chains.
Press release – In Lille, April 14th 2021
Vekia, last generation cloud solution provider that improves forecasts and stock management, launched a new solution called “Engine” at the beginning of April 2021.
“Vekia Engine” enables the IT and Supply Chain organisations to benefit quickly and easily from probabilistic forecasting (+25% of performance compared to the previous generation) and from low value-added tasks automation, without changing ERP.
COVID-19 has huge impacts (lockdown and clients’ new behaviors, resupplying issues…) on supply chains. This context highlighted the weaknesses of organizations and the necessity to engage investments in order to transform and improve the resilience of the supply chain, and its efficiency as well.
To achieve this transformation, the quality of forecasts and the ability to have the right stock level enable not only to improve the product availability and the clients’ satisfaction, but also the economical level of performance with an optimized WCR.
However, digital transformation and standardization of ERPs may have critical impacts on the whole supply chain. This situation usually leads to conservatism that slows down tech adoption which includes AI.
“Vekia has seen the light of the day, through the desire of putting Artificial Intelligence at the disposal of Supply Chain. We are strongly convinced, that a more rational, a more respectful and more efficient trade is possible.”
Manuel Davy, Founder and CEO of Vekia
Vekia decided to offer a solution that provides intelligent orders and automation by directly connecting to ERPs without changing interfaces. The aim is to facilitate integration with new technologies. Vekia Engine can either interface with ERPs in cloud mode, or with on premise ERPs.
Moreover, Vekia offers project management options in order to handle connectivity with existing IT ecosystem and to deal with all data topics within 2 months (quality, cleaning, correction and extrapolation of parcel data). Project Management can also help on KPIs definition. Supply Chain performance can be easily and quickly accelerated.
“Vekia Engine can be directly deployed with our Customer Success Teams or with any other integration partner.
About us:
For more than 13 years Vekia has been following its clients especially in the Retail sector with a historical on premise solution that uses Artificial Intelligence and Machine Learning for the calculation of its forecasts. Since 2018, Vekia has made the choice to put its solution in the Cloud (Microsoft Azure) in order to have a power of calculation without any limits, that is capable to answer every customer’s needs and not only in the Retail. Among Vekia’s clients, ENGIE Home Services for instance chose “Vekia Disrupt” which enables to replace ERP’s functional components via users’ customized interfaces. More than 10 000 users in 50 countries benefit from Vekia’s technology.
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