Transformative Artificial Intelligence

Tompkins Ventures can pair you with Artificial Intelligence solutions that improve operational efficiency, automate repetitive tasks, augment human capabilities, reduce human error and free up valuable time and resources so your employees can focus on strategy and creativity to develop innovative products and services that stay ahead of the competition.

Your Problem:
AI Hype Vs. AI Reality

When properly deployed, Artificial Intelligence can greatly enhance operations by revolutionizing decision-making through real-time analysis of vast amounts of data. Advanced algorithms provide valuable insights, identify patterns, and enable more accurate and faster data-driven decisions.

With AI frequently in the news, is it part of your operations? Are you sure that incorporating “AI” into your technology adds value, or is it just hype? Decision-makers need to look beyond the headlines and integrate AI solutions that truly drive results.

Your Solution: AI that Creates Value

Tompkins Ventures leverages a global network of experts to connect your executive team with operational AI technologies that deliver proven results. From fully enabled warehouse management systems and Digital Supply Networks to customs, packaging optimization, and supply chain finance, Tompkins Ventures ensures your enterprise integrates AI solutions that add value for both your company and your customers.

Your Benefits: Double-digit Improvements Across the Enterprise

Artificial Intelligence can:

– Boost warehouse picking efficiency by 20% to 40% by optimizing workflows in picking, putaway, cycle counting, crossdocking, and loading/unloading.
– Reduce cost of goods sold, cash-to-cash cycle time, order-to-delivery time, and total delivered cost, while increasing gross operating margins across your global network.
– Improve various metrics by double digits, including premium freight costs, annual transportation costs, inventory costs, and scheduling and execution management overhead.
– Provide instant customs compliance, minimizing risks from fines, detention of goods, storage charges, legal issues, and delays.
– Unlock supply chain liquidity by transforming core activities like sales orders, purchase orders, logistics shipments, and payment transactions into bankable assets.

Customer Success Stories

– A medical diagnostics supplier expanded from local transactions to projects with major international NGOs.
– A global restaurant chain improved planning and execution across corporate and franchise locations and external suppliers, boosting forecast accuracy from the low 60s to the high 80s and cutting inventory levels by nearly 50%.
– An eCommerce retailer optimized packaging, saving $2.5 million annually in freight, labor, and packaging costs, achieving an impressive ROI of 1,736%.