Navico
has become one of the top clients for o9
Solutions in the consumer electronics industry by going live on o9’s
Premier AI Platform for Integrated Planning and Digital Operations.
Navico and o9 share a vision for connecting the ecosystems of technology
and enabling its customers to make smarter decisions, faster, and free
up more human interaction time for high-value and high-enjoyment
activities.
Navico is focused on creating the “Smart Boat” ecosystem, providing
integration and connectivity of recreational boats for ease of use and
maximum enjoyment by owners.
Similarly, o9 is focused on creating a “Connected Enterprise,” where all
of an organization’s processes and operations are modeled in a single
dynamic Enterprise Knowledge Graph, enabling transformationally faster
decision-making and value creation by leveraging the latest generation
of artificial intelligence solutions. In the 2019
Gartner Magic Quadrant for Sales and Operations Planning Systems of
Differentiation, o9 Solutions was recognized as a Leader, positioned
Furthest on Completeness of Vision Axis1. The full report is
available for download here.
Navico runs at a fast pace with innovation, launching a new product
every 20 days. This rate of innovation, coupled with rapid continuous
growth, presented challenges related to group-wide participation in the
Sales, Inventory & Operations Planning (SI&OP) process, forecast
accuracy, and inventory management improvements. With o9, Navico can
reduce logistics costs due to better integration of demand and finished
goods planning through the SI&OP process. Additionally, Navico sells
across many channels and has numerous international partners. o9’s
Enterprise Knowledge Graph delivers an ideal capability to organize all
of these routes to market as well as effectively plan for the entire
portfolio of products and services that Navico delivers to their
customers.
“I truly believe o9 can be transformational to our supply chain and
service to the consumer, and bring huge value to Navico,” said Jim
Brailey, EVP Supply Chain at Navico.
“Navico is a recognized leader of marine electronics,” said Chakri
Gottemukkala, Co-Founder and CEO, o9 Solutions. “And, through deploying
o9’s Premier AI Platform, they are demonstrating leadership in
management, processes and technology that extends far beyond their
product line. I’m glad that Navico found us, and I look forward to
rapidly delivering tremendous value for them.”
Plans to further extend Navico’s supply chain model with o9 are already
in discussion.
About o9 Solutions
o9 Solutions is the premier AI-powered platform for driving digital
transformations of integrated planning and operations capabilities. o9’s
clients span a variety of industries across the manufacturing and retail
supply chain. Whether it is driving demand, aligning demand and supply,
or managing P&L, any process can be made faster and smarter with o9’s
AI-powered digital solutions. Bringing together technology
innovations—such as graph-based enterprise modeling, big data analytics,
advanced algorithms for scenario planning, collaborative portals,
easy-to-use interfaces and cloud-based delivery—into one platform, o9
empowers organizations with superior visibility and insights that are
both predictive and prescriptive. With o9’s AI-powered solutions,
enterprises can achieve faster, smarter decision making and execution. www.o9solutions.com
About Navico
Navico is currently the world’s largest marine electronics company and
produces products under leading marine electronics brands: Lowrance,
Simrad Yachting, B&G, and GOFREE. Navico has approximately 1,500
employees globally and distribution in more than 100 countries
worldwide. www.navico.com
1 Gartner, Magic Quadrant for Sales and Operations Planning Systems of
Differentiation, Tim Payne, Amber Salley, Alex Pradhan, 7 May 2019.
Disclaimer
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does not endorse any vendor, product or service depicted in its research
publications, and does not advise technology users to select only those
vendors with the highest ratings or other designation. Gartner research
publications consist of the opinions of Gartner’s research organization
and should not be construed as statements of fact. Gartner disclaims all
warranties, expressed or implied, with respect to this research,
including any warranties of merchantability or fitness for a particular
purpose.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190522005766/en/