The supply chain industry has faced significant disruptions in recent years due to the pandemic and shifting consumer demands. Pendulum, a company founded by Benjamin Fels and Suvrit Sra, aims to address these challenges through AI-powered software that consolidates internal data sources related to inventory and pricing. This tool helps businesses accurately forecast supply and demand, which not only increases profit margins but also supports sustainability efforts. Pendulum has raised $22 million in funding and serves various sectors, including retail and national defense.
Pendulum's software integrates fragmented data sources to help companies optimize supply and demand, enhancing margins and sustainability in the on-demand economy.
Co-founder Benjamin Fels emphasizes that accurately aligning supply with demand is critical for retailers aiming to improve sustainability and reduce waste.
Pendulum, which evolved from Macro-Eyes, has secured $22 million in funding to advance their AI-driven supply chain solutions, catering to diverse sectors.
The company targets various industries, including retail and national defense, with clients like Adore Me and the U.S. Department of Defense.
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