Company establishes practice to enable enterprises across multiple industries to navigate supply chain challenges brought about by COVID and prepare for the future
LatentView Analytics, a trusted analytics partner to the world’s most recognized brands, today announced that it hired Sunder Balakrishnan to spearhead and grow the firm’s supply chain analytics practice. LatentView made this strategic move to enable organizations to address critical, disruptive challenges in global supply chains around visibility, resilience, and efficiency that has been exacerbated by post-pandemic consumer demand variabilities, and significant supply constraints.
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“Global supply chains are extremely complex and will increasingly require advanced analytics and data science capabilities to increase efficiencies and empower supply chain leaders make critical decisions that drive business impact,” said Rajan Sethuraman, CEO at LatentView. “Sunder’s experience driving supply chain transformation at Fortune 500 organizations will be invaluable as we build this practice.”
Balakrishnan brings nearly 15 years of supply chain experience at leading management consulting organizations such as PwC, Infosys, and most recently Course5 Intelligence. He has helped implement data-driven solutions to solve mission-critical business challenges for global brands across consumer products, retail, eCommerce, Technology and Telco industries.
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“Shoppers experienced $984 billion worth of out-of-stock worldwide, with $144.9 billion in North America alone, according to a study by IHL Group in 2018. Out-of-stock messages on the internet are expected to be up 172% compared to 2020 and 360% on a two-year basis. The pandemic has been a perfect storm. As enterprises set themselves on the path to recovery and further growth, 3 pillars will define their capability to get ahead of the curve, and position themselves for future growth – automation, visibility, and data-driven optimization. At LatentView, we are focused on enabling organizations with solutions that deliver data-driven supply chain optimization” said Balakrishnan.
“My personal philosophy is that success comes when you have the right combination of data-driven insights and perseverance. This aligns well with LatentView’s ethos, and I look forward to building this practice and being a part of the firm’s next phase of growth,” added Balakrishnan.