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Olam Agri Embraces AI and Cloud Technology to Revolutionize Agricultural Supply Chains
September 25, 2024
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Olam Agri Embraces AI and Cloud Technology to Revolutionize Agricultural Supply Chains

In a significant move towards digital transformation in the agricultural sector, Olam Agri has chosen RISE with SAP on Amazon Web Services (AWS) to enhance its supply chain management and accelerate its artificial intelligence (AI) cloud transformation journey. This strategic decision marks a pivotal moment in the company’s efforts to improve operational efficiency and build a more resilient, secure, and sustainable global food supply chain.

The implementation of RISE with SAP S/4HANA Cloud Private Edition, integrated with SAP Business AI, is set to revolutionize Olam Agri’s business processes. By leveraging cutting-edge tools such as SAP’s AI co-pilot Joule and Business Integrity Screening, the company aims to drive greater agility and innovation within its organization. This technological leap is designed to position Olam Agri at the forefront of meeting evolving customer needs and stakeholder expectations in the dynamic agricultural industry.

Shivram Ramakrishnan, Chief Digital and Information Officer at Olam Agri, emphasized the strategic importance of this move, stating, “Our goal with the implementation of this new technology is to drive greater agility and innovation within our organization and ensure that we are well placed to meet the evolving needs of our customers and all other stakeholders.” This commitment to technological advancement underscores Olam Agri’s dedication to staying ahead in an increasingly competitive and complex global market.

Technologies Used:

  • SAP Business AI: AI-powered business intelligence and analytics tools.
  • SAP’s AI co-pilot Joule: An AI assistant designed to enhance user productivity and decision-making.

Companies Involved:

  • Olam Agri: A leading agribusiness company implementing the AI and cloud transformation.
  • SAP: Provider of enterprise software solutions, including RISE with SAP and SAP Business AI.
  • Amazon Web Services (AWS): Cloud service provider partnering with SAP for the implementation.

Sustainability Focus:

  • Supply Chain Optimization: Improved efficiency in the food supply chain can lead to reduced waste and better resource allocation.
  • Operational Efficiency: Cloud-based ERP systems can help reduce energy consumption and carbon footprint associated with traditional on-premises systems.
  • Sustainable Agriculture: AI-driven insights can contribute to more sustainable farming practices and resource management.

SDGs Impacted:

  • SDG 2 (Zero Hunger): Enhancing food supply chain efficiency contributes to food security and sustainable agriculture.
  • SDG 9 (Industry, Innovation and Infrastructure): Adoption of advanced technologies promotes sustainable industrialization and fosters innovation.
  • SDG 12 (Responsible Consumption and Production): Improved supply chain management can lead to more sustainable production patterns in agriculture.

Geographic Focus: Global 

Industry Focus: Agriculture, Agribusiness, Food Supply Chain

Source: FutureCIO

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