Lucy Payton 
Everstream is an innovative software platform which enables customers to monitor and manage their entire supply chain, even in the face of disruption. It provides a single, cloud-based view of internal and external networks (including suppliers, warehouses, and retail locations) by leveraging data analysis, machine learning and predictive analytics.
Through advanced supply chain collaboration capabilities, Everstream allows its users to sense possible weak signals and proactively address them before they become major disruptions. This enables customers to minimize losses from costly delays or other issues arising from production delays due to unexpected changes in demand or material availability.
The platform also helps users control delivery times by setting expected timeframes for production/delivery activities. Overall, Everstream empowers businesses to handle potential disruptions more effectively and profitably.
What does Everstream do?
Everstream is a cloud-based platform designed to help companies optimize their supply chains, streamline their processes, and reduce the complexity of managing them. As a result, it enables companies to better manage their inventory, reduce costs, and increase efficiency.
With a recent $24M investment, Everstream is poised to revolutionize how companies manage their supply chains. In this article, we will discuss what specifically Everstream does and how it can help companies accomplish their goals.
Streamlines supply chain processes
Everstream is an independent network of digital freight connections that helps businesses streamline their supply chain processes to minimize delays, maximize efficiency and response times, and facilitate communication between buyers and suppliers.
The network provides a suite of sophisticated algorithms that automate scheduling, routing and capacity allocation while also providing robust data collection capabilities to help increase visibility across the supply chain.
The technology infrastructure supporting the cloud-based platform has been designed in compliance with industry standards to ensure safety, scalability and reliability. It uses multi-level security measures to protect user data from external hacks, exploits, scams and distributed denial-of-service attacks. The platform integrates with enterprise systems such as ERP and POs, enabling companies to reduce manual processes thereby increasing accuracy in their supply chain operations. Additionally, Everstream offers analytics tools that support inventory management decisions by giving insights on original order expectations versus current status of demand sales orders across multiple plants/locations.
By harnessing the power of AI technologies such as machine learning and natural language processing, Everstream aims to simplify business logistics operations while offering a comprehensive suite of supply chain management solutions. With its modular software architecture businesses can easily tailor Everstream’s services according to their unique needs – enabling them to have greater control over their operations while minimizing risks associated with disruptions in the supply chain.
Thanks to its recent funding round ($24 million) led by Insight Partners, Everstream is now well-positioned (business wise) to provide pioneering logistics solutions while accelerating growth in a highly competitive market!
Automates data collection
Everstream is an innovative supply chain optimization and monitoring solution that automates the manual data collection process. It gathers and organizes real-time supply chain data from vendors, partners and customers. With Everstream’s suite of cloud-based tools, businesses can improve visibility, control costs, optimize operations, drive accuracy, and reduce risk while positioning themselves to respond quickly to market changes.
Using advanced technology such as artificial intelligence (AI) and machine learning (ML), Everstream offers actionable insight into your supply chain to enable more intelligent business decisions. Furthermore, its Web capture solution collects unstructured content from third-party websites quickly and accurately for analysis. This process reduces errors associated with manual data entry resulting from subtle differences in product information between partners.
In addition to data collection solutions, Everstream provides features such as supplier segmentation, early shipment visibility reports and exception management to help organizations manage their supply chains more efficiently while saving time and money. With its comprehensive system of rules engines and visualization dashboards, businesses can monitor their supply chains in real-time for better decision making on optimization projects. Finally, by leveraging predictive analytics capabilities via AI/ML algorithms on the collected data stream collected by Everstream a company can get ahead of potential disruptions before they occur.
Improves visibility and control
Everstream gives businesses real-time visibility, control of their supply chain, and the ability to predict disruptions before they occur. The platform utilizes integrated data sources, AI-driven simulations, and predictive analytics to provide insight regarding supply chain capacity, demand planning, inventory optimization, carrier availability, cost savings and more. This allows businesses to make informed decisions throughout the entire process.
Rather than relying on manual processes for setting up an inventory system or forecasting for purchasing, Everstream utilizes AI-driven algorithms combined with industry expertise to automate these processes. The platform also enables customers to quickly respond to unexpected events in the supply chain such as weather delays or product damage. In addition, by using Everstream’s insights and predictive analytics capabilities, businesses can make proactive decisions about stock levels for warehouses or production lines and better collaborate with partners throughout a product’s lifecycle.
What are the benefits of using Everstream?
Everstream is an innovative platform designed to help businesses streamline their operations and manage supply chain complexity and disruption. Using data-driven insights, artificial intelligence and cloud-based technology, Everstream can help businesses simplify their supply chain, reduce costs, increase efficiency and create more value.
In this article, we’ll look at the benefits of using Everstream and how it can help your business succeed.
Increases efficiency and accuracy
Using Everstream allows businesses to significantly increase the efficiency and accuracy of their operations. With advanced algorithms and predictive analytics, Everstream enables companies to identify demand patterns with greater accuracy, allowing them to respond to changes in the market more quickly and effectively.
Companies using Everstream can achieve higher visibility into their supply chain activities, greater control over costs and increased agility when responding to customer requests. These benefits enable companies to optimize their response times, ensure product moving through the supply chain is accurately reflected in forecasts, improve inventory levels, reduce outages and minimize product waste.
Furthermore, Everstream’s proactive approach to anticipating new trends in a volatile market environment enables businesses to adjust quickly when supplies are running low or demand is unexpectedly high. Ultimately, by streamlining operational processes throughout the enterprise, stakeholders benefit from increased efficiency and improved customer satisfaction levels.
Reduces costs
Using Everstream to streamline your supply chain can be beneficial in many ways. The most important benefit of using this technology is cost reduction. Through automation, manual effort and costs are reduced while efficiency increases.
Furthermore, technology enables faster response times, allowing your business to identify and solve disruptions earlier. Additionally, with more data available through advanced analytics capabilities, you can make more informed and timely production and shipping schedules decisions.
Therefore, investing in technology like Everstream provides a return on investment that includes improved customer satisfaction through: reduced expenses and improved efficiencies, better control of production variables leading to enhanced product quality and faster response times resulting from greater insights into disruptive events. In addition, this reduces supply chain complexity thus providing a higher ROI for businesses that utilize it.
Enhances customer experience
Using Everstream to streamline your supply chain can provide a range of benefits related to customer experience. This can include but is not limited to improved customer satisfaction, better responses to customer inquiries and complaints, and improved availability and delivery times.
The tools available to manage customer interaction via Everstream’s platform make it easier for businesses to promptly respond to customer inquiries and provide informed decisions for customers. The platform also helps organizations determine which products customers most need to meet their needs quickly and efficiently.
In addition, Everstream provides enterprise-level analytics so companies can have an even deeper understanding of their customers and what they need, enabling them to provide more targeted deliveries and promotional initiatives. This ensures that companies can keep up with their customer’s needs while providing an enhanced level of service with no disruptions in the supply chain.
Everstream Raises $24M to Conquer Supply Chain Complexity and Disruption
Everstream recently raised $24M to take on the complexities and disruptions in the supply chain industry. The solution is focused on streamlining the operations, inventory management, and customer delivery for businesses. This brings about several benefits for companies, such as better visibility, enhanced efficiencies, and improved customer satisfaction.
This article details how Everstream achieves this ambitious goal and how it can benefit your business.
Secures strategic partnerships
To secure the necessary funding to support its mission to conquer supply chain complexity and disruption, Everstream has entered into strategic partnerships with leading companies such as Amazon and Walmart. By leveraging these relationships, Everstream can gain access to large pools of capital that can be used for further development, implementation, and scaling of its supply chain solutions.
In addition, the company has also attracted several venture capital firms who are eager to invest in Everstream’s growth story. Through these efforts, Everstream raised an impressive $24M in Series B funding in 2019. This investment will enable the company to invest heavily in continued innovation and expand their solutions portfolio to effectively tackle their customers’ challenges around visibility, agility, and reliability.
Invests in technology and infrastructure
Everstream’s successful raise of $24M in 2019 was primarily used to invest in technology and infrastructure for its cutting-edge supply chain platform. The funds enabled the development of CloudSuite, software that brings together customer relationship management (CRM), order management (OMS), inventory management (IMS), warehouse management (WMS) and enterprise resource planning (ERP) into a unified cloud-based solution. This allows customers to quickly access information necessary to better manage their supply chain processes.
The improvements will further reduce complexity and streamline operations, allowing customers to respond to disruptions faster and easier. Additionally, the investments enabled Everstream’s data science teams to collaborate with external partners and continue building out its AI/ML capabilities for anomalies detection and insights about demand planning, inventory optimization/forecasting, predictive shipping timeframes, and other important supply chain analytics.
Expands customer base
A successful funding round helps Everstream expand their customer base and reach a larger market. In addition, the $24M raised in January 2021 enabled the company to expand their innovative supply-chain data platform and analytics into new industry verticals.
These funds have also allowed Everstream to develop data-driven processes that are more efficient and cost-effective. As they continue to grow, they’re partnering with clients who need insights into their supply chain from corner to corner—tracking costs, managing inventory, and improving sourcing decisions.
The new funding will allow Everstream to accelerate their development of advanced software solutions for clients worldwide and hire experienced professionals for all aspects of the company’s operations. In addition, it will be an important catalyst for international growth as Everstream is planning to open offices in Europe, Asia, and other global locations. Finally, for existing customers, it assures that investments in the company’s technology will stay ahead of competition by remaining up-to-date and revolutionary.
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