#40: Joel Beal CEO & Co-Founder of Alloy
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Joel is the CEO & Co-Founder of\\xa0 Alloy (www.alloy.ai). Alloy\\u2019s platform aggregates and analyzes information from all sources in the supply chain, providing insight and visibility into consumer demand.\\xa0
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Some of the highlights from the episode:
- How did Joel go from Academia to Supply Chain?
- Data is everywhere, it\\u2019s only a matter of how you are going to use it to your advantage.
- Alloy has up to this point 400 connectors to the partners that will continue to grow.
- How retail companies often look at the historical pattern of how much was being purchased and not taking into account that 20% to 25% of the locations were already out of stock.
- Balancing out of stock and overstock and the common categories of inefficiencies that they come across.
- How does Alloy work with E-commerce?
- \\u201d The ones that tend to be the biggest predictors of future performance is historical demand patterns. \\u201c
- \\u201d One of the things you have to do as a leader is to trust that the team will treat sensitive information responsibly. \\u201c
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