Details

Industries

Enterprise Software,Internet of Things,Logistics,Predictive Analytics,SaaS,Software,Supply Chain Management

Founded date

Jan 1, 2016

Number Of Employee

1 - 10

Operating Status

Active

ODYN is the only platform that gives large CPG co's full, cross-stakeholder supply chain visibility, by using an end-to-end, proprietary pallet tracking device and prescriptive software. This unique visibility gives CPG co's the shipping info they need in order to most efficiently reduce inventory on their books ("days of inventory," an accounting term of art), which translates to considerable supply chain savings. Days of inventory example: a $10B revenue company's inventory day equals $27m, therefore a reduction of lead time from 55 to 50 days represents $135m in cash flow and ($5.5m in operating cost savings, since inventory carrying cost represents roughly 20% of operating cost -- for handling, risk, etc.).