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Transforming the Supply Chain Using AI with Max Versace

Transforming the Supply Chain Using AI with Max Versace

FromThe Logistics of Logistics


Transforming the Supply Chain Using AI with Max Versace

FromThe Logistics of Logistics

ratings:
Length:
43 minutes
Released:
Jun 11, 2021
Format:
Podcast episode

Description

Transforming the Supply Chain Using AI with Max Versace Max Versace and Joe Lynch talk about transforming the supply chain using AI. Max focuses on making AI more useful in real-world applications, especially in the manufacturing supply chain and industrial industry. About Max Versace Dr. Massimiliano Versace is the CEO and co-founder of Neurala. With decades of experience and research in AI and deep learning techniques, Dr. Versace is now focused on making AI more applicable and useful in real-world applications, specifically in the manufacturing and industrial industry. Prior to co-founding Neurala, Dr. Versace co-founded the Boston University Neuromorphics Lab, and worked with government organizations such as DARPA and NASA to develop AI with the ability to learn in real-time, at the edge, and free of traditional constraints of computational hardware. Dr. Versace has spoken at numerous events, including a keynote at Mobile World Congress Drone Summit, TEDx, NASA, the Pentagon, MIT Tech Review’s Future Compute and IMA Sensing Days. His work has been featured in Forbes, CNN, Fortune, MSNBC, the Associated Press, TechCrunch, VentureBeat, and more. He holds several patents and two PhDs: Cognitive and Neural Systems, Boston University; Experimental Psychology, University of Trieste, Italy. About Neurala Neurala is a pioneer in vision AI software. On a mission to make AI more applicable and useful in real-world applications, Neurala helps industrial companies improve their quality inspection process, with technology that dramatically reduces the time, cost and skills required to build and maintain production-quality custom vision AI solutions. Founded in 2006, Neurala’s research team invented Lifelong-DNN™ (L-DNN) technology, which lowers the data requirements for AI model development and enables continuous learning in the cloud or at the edge. Neurala is headquartered in Boston, MA with a European subsidiary in Trieste, Italy.  Key Takeaways: Transforming the Supply Chain Using AI Artificial intelligence (AI) is being used to transform the supply chain from incoming materials, through production, quality inspection, packaging, and shipping. Companies are using AI to reduce costs, improve quality, and streamline operations. In the podcast interview, Max explained the basics of artificial intelligence and some applications that are already transforming the supply chain. Application 1: Visual Quality Inspection for Surface Defects. AI can inspect surface to determine defects. This work is difficult and boring for humans so AI can do the job more effectively and efficiently. Application 2: Incoming Materials Quality and Quantity Inspection. AI can be taught to check dozens of factors on incoming parts and materials, which ensures that production quality and quantity targets are met. Application 3: Electronic Component Vision Inspection. For the quality inspection of electronic components, AI solutions for electronic component inspection provides a much lower cost of implementation than traditional Automated optical inspection (AOI) machines so that electronics manufacturers can offer their customers higher quality without high costs. Learn More About Transforming the Supply Chain Using AI Neurala Max Versace LinkedIn The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube
Released:
Jun 11, 2021
Format:
Podcast episode

Titles in the series (100)

The Logistics of Logistics is a podcast hosted by industry expert Joe Lynch. Joe interviews founders, executives, and innovators who are shaping the future of logistics and supply chain. Topics include transportation, logistics, warehousing, technology, supply chain, and ecommerce. The Logistics of Logistics audience expects an inside perspective of what’s next in logistics and supply chain delivered via podcasts, videos, and articles. Topics include: Transportation Topics Small package, Small parcel, Air Cargo, Ocean Shipping, Ocean freight, Bulk carriers, Cargo ships, Container ships, Tankers (ocean tankers), Refrigerated ships (reefers), Roll-on/roll-off ships, Multi-purpose ship, General cargo ship, Break bulk cargo, General cargo, Less Than Truckload, LTL, Tractor, Trailers, Tractor-trailers, 48-foot trailer, 53-foot trailer, Truck lift-gate, Truck terminals, Truckload (TL), Full Truckload (FTL), Freight, Palleted freight, Pallets, Fleet acquisition, Equipment, Drivers, Truck Drivers, Driver leasing, Driver training, Driver safety, Hours of Service (HOS), Electronic Logging Device (ELD), Driver outsourcing, Dedicated Contract Carriage (DCC) Carrier contract, Spot rates, Contract rates, Pickup and delivery, Carrier Instructions, Freight characteristics, Dock management, Intermodal, Containerization, Containers, Final mile, Last mile, Rail transportation Warehousing Topics Warehouse storage, manufacturers, importers, exporters, wholesalers, transport businesses, customs, Pick and Pack, Sub-assembly, Site Location, Distribution Center Management, Inbound shipping, Outbound shipping, Receiving, Putaway, Put-away, Order processing, Replenishment, Pulling, Restocking, Picking, Validation, Sorting, Distribution Center Management System (DCMS), Vendor Managed Inventory (VMI), Supply, Demand, Inventory, Inventory Management, Cross-docking, Cross-dock, Ecommerce fulfillment, Fulfillment, Packaging Logistics Topics 3rd party logistics, 3PL, 4th party logistics, 4PL, Just-in-Time (JIT), Payment auditing, Freight auditing, Payment Processing, Freight brokerage, Freight broker, Digital freight brokerage, Digital freight broker, Transparency, Visibility Special Topics Direct to Home, Direct to Store, Sustainability, Green Logistics, Reverse Logistics, Product Lifecycle Management, Supply Chain Security Analysis, Contingency planning, Crisis Planning, Global Expansion, Foreign Trade Zone (FTZ), Logistics Consulting, Transportation Consulting, Import / Export, Customs, Labor Management, Marketing Services, Customer Service Technology Topics Supply chain technology, Freighttech, Freight tech, Freight technology, EDI, Enterprise Resource Planning (ERP), Predictive Analytics, Technology Services, Web Services, Global Trade Management (GTM), Transportation Management System (TMS), Warehouse Management System (WMS), Supplier Management, Customer Management, Cloud Based Solutions, Wireless