About this Presentation
In this presentation two particularly important TOC concepts that are used in Neogrid solutions will be covered: Dynamic Buffer Management (DBM) and Mafia Offer. DBM enables the Neogrid solutions to dynamically manage our customers' inventories, automatically adjusting buffers according to end consumer demand. Therefore, Neogrid offers the necessary resources for a better interpretation of seasonality and sudden changes in retail demands. The concept Mafia Offer allows our customers to analyze performance of their operations through indicators such as TVD and IVD, thus, they can monitor the gains that retailers have when using our solutions.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
NeoGrid is a big data company that focuses on creating solutions for supply chain management. They aim to optimize the flow of products and create harmony in the supply chain by understanding consumer demand.
The company is growing towards Europe and the United States, with partners in Japan. They are connected to more than 330 retailers and receive information from over 70,000 stores across the globe on a daily basis.
NeoGrid has developed solutions for pricing and inventory management using artificial intelligence. They aim to ensure everyone in the supply chain, including the end consumer, benefits from their solutions.
Instructor(s)
Vitor Angelelli
Vitor Angelelli is an experienced supply chain professional with a demonstrated history of working in the information technology and services industry. He is skilled in business planning, customer relationship management, market research, management, and sales plan. He is a strong engineering professional with a Marketing degree. Vitor is currently the head of operations of Neogrid in North America, performing his role in Fort Lauderdale office.
Ms Alka Wadhwa
Alka Wadhwa is an experienced consultant and process improvement expert with over 24 years of expertise in the Theory of Constraints (TOC), Lean Six Sigma, and organizational performance optimization. She has successfully led projects in healthcare, financial services, and manufacturing, driving significant improvements such as a 67% boost in hospital operations and a 140% increase in outpatient visits.
Previously, Alka Wadhwa spent 17+ years at GE Global Research Center, where she led initiatives to enhance various GE businesses through advanced technologies, process redesign, and system optimization. Founder of Better Solutions Consulting, LLC, she specializes in using TOC, Six Sigma, and data analytics to streamline operations and build high-performance teams.
Her work has earned her multiple accolades, including the Empire State Award of Excellence in healthcare.
Dr Gary Wadhwa
Dr. Gary Wadhwa is a Board Certified Oral & Maxillofacial Surgeon with extensive experience in the field. He completed his Oral & Maxillofacial Surgery training at Montefiore Hospital, Albert Einstein College of Medicine in Bronx, NY, and has served as an Attending at prestigious institutions like St. Peters Hospitals, Ellis Hospital, and Beth Israel Hospital in NY. With a career spanning over two decades, he was the former CEO and President of a group specialty practice in NY from 1994 to 2015. Dr. Wadhwa holds an MBA from UT at Knoxville, TN, and has undergone additional training in System Dynamics at MIT, Health System Management at Harvard Business School, and Entrepreneurship and healthcare innovations at Columbia Business School. Committed to expanding access to Oral & Maxillofacial Surgery care, he is currently engaged in a meaningful project to provide healthcare services to underserved populations in inner city and rural areas through non-profit Community Health Centers.