In conversation with Frederico Crespo CEO of Valiot

Tony Hines talks supply chains with Frederico Crespo CEO of Valiot an AI business that supports supply chain operations to create visibility and value in the system. FactoryOS captures data from a variety of internal inputs, such as IoT cameras and sensors. Once captured the data are applied to run simulations to optimize throughput.Frederico Crespo is CEO at Valiot. He is a graduate of MIT and he grew up working in his Grandfather's paint manufacturing plant in Mexico. He says this background set him up for his future work. He talks about his work with Heineken to improve their supply chain performance in Mexico. He examined their system processes identifying 16 areas for improvement and focused on one that was most fruitful on which to focus scarce resources for maximum effect. He discusses Little's Law and how it helped his throughput analysis to compress cycle times. L = λ x W where: L is the average number of items in a queuing systemλ is the number of items arriving per unit of timeW is the average waiting time each item spends in a queuing systemListen to how digital transformation can improve supply chain efficiencies. In a wide ranging discussion Frederico talks about how understanding system dynamics is important if you want to improve performance. Frederico also offers advice for young people to enter supply chain work. Geopolitical change, pandemics and AI developments are changing the skill-sets needed. Challenging the status quo is essential to progress. Unlearning obsolete practices is important too. Food processing supply chains can be wasteful because of supply chain inefficiencies. Simple miscommunications can be the source of many such problems. Listen to what Frederico says about this.Read more about Valiot here:Valiot Named Top Smart Factory Solutions Provider for 2022 by Manufacturing Technology Insights (einpresswire.com)NJ News Today - Valiot's AI Capabilities Are Revolutionizing the Value Chain (newjerseynewstoday.com)AI Software for Smart Manufacturing | ValiotSend us Fan MailSupport the show THANKS FOR LISTENING PLEASE SUPPORT THE SHOW You can support the podcast by following the link here. It makes a big difference and helps us make great content for you to listen to. Follow like and share the Chain Reaction Podcast with colleagues and friends on social media: Facebook, Twitter, LinkedIn.News about forthcoming programmes click hereSHAREPlease share the link with others so they can listen too https://chainreaction.buzzsprout.com/shareLET US KNOWIf you have any comments, suggestions or questions then just direct message on Linkedin or X (Twitter)REVIEW AND RATE If you like the show please rate and review it. Every vote helps.About Tony Hines and the Chain Reaction Podcast – All About Supply Chain AdvantageI have been researching and writing about supply chains for over 25 years. I wrote my first book on supply chain strategies in the early 2000s. The latest edition is published in 2024 available from Routledge, Amazon and all good book stores. Each week we have special episodes on particular topics relating to supply chains. We have a weekly news round up every Saturday at 12 noon. ...