Jabil announces ID8 Global, a joint venture with Cyferd. Together, they are introducing a generative AI-driven, autonomous supply chain and procurement software platform that will transform how industries manage complex logistics, procurement, and operations on a global scale.
“ID8 Global will embed AI-driven automation and efficiency gains directly into the core of customers’ procurement and supply chain operations,” says Jeff Austin, vice president of procurement and supply chain services at Jabil. “Through this joint venture, we’re driving smarter, more sustainable decision-making workflows across the supply chain ecosystem and building the foundation for autonomous, resilient supply chain management.”
Key Takeaways:
- The joint venture between Cyferd and a Jabil subsidiary marks the beginning of a new era for AI-driven procurement and supply chain transformation. Combining Jabil’s extensive experience across the global supply chain with Cyferd’s advanced platform capabilities and proprietary self-learning AI engine, Neural Genesis, ID8 Global’s customizable software solution presents a unique value proposition for supply chain and procurement practitioners within any organization.
- The platform is set to allow teams to autonomously manage their own complex, multi-tiered supply chains with exceptional speed and precision. Companies will be able to proactively address disruptions, optimize procurement processes, and respond to market changes in real time – a key competitive advantage in an increasingly disrupted world.