By Mani Dasgupta, VP & CMO, Global Business Services, IBM
Ketchup, at first glance, seems distinctly American — a condiment that is perfectly matched with fast food and Fourth of July barbecues. And Americans eat ketchup with pretty much everything — French fries, breakfast burritos, mac and cheese, and even ice cream — squirting it on an average of 9.74 meals a week.
But ketchup, or “catsup,” is consumed with meals around the world, from Germany to Japan. And Europe actually exports the most ketchup, with 60% of the global trade.
“The irony is that this ubiquitous condiment is anything but American in its origins or in those nationalities that love it the most,” said Ken Albala, Professor of History, University of the Pacific. “As a historian of food, I see it as truly a global product, its origins shaped by centuries of trade. And different cultures have adopted a wide variety of surprising uses for the condiment we know as ketchup today.”
With such a surprising global demand, keeping our homes and restaurants stocked with ketchup is no easy feat. How do iconic food brands like Kraft Heinz keep it from being sold out? Kraft Heinz sells a staggering 11 billion packets of ketchup a year, a number that could strain any supply chain. Besides ketchup, Kraft has hundreds of products that are staples in households around the world. They need quality products to reach customers at the right place and time — a major challenge.
“We have analytical brains that constantly say, ‘go check this, go check that.’ We want to make sure we know where to place our products at all times,” said Jorge Balestra, Director of IT-COE Analytics Solutions at The Kraft Heinz Company.
That’s where AI comes in.
AI can help supply chain managers do a better job of keeping on top of unstructured information — hyper-local weather patterns, local events, traffic patterns, social media buzz — that are indicators of customer behavior and demand.
“Disruptions happen all the time. Weather is one. Or you might have a strike at the dock at a port that stops goods from arriving,” said Mark S. Yourek, an IBM solutions leader in the global consumer industry. “AI-enabled supply chains can help tap into the data about all of those things, interpret them, and advise …read more
Source:: Business Insider