o9, a leading enterprise AI software platform provider, has been selected by POSCO, South Korea’s prominent steel manufacturing company, to digitally transform its supply master planning capabilities. This partnership will enable POSCO to enhance its sales and operations planning processes and improve customer experience by leveraging o9’s AI-powered “Digital Brain” platform, known for its seamless integration of business planning processes.
1. Overview of POSCO:
- Global Presence: POSCO is the world’s seventh-largest steel manufacturer, with operations in steel production, energy, construction, engineering, battery materials, and IT services.
- Established History: Founded in 1968 and headquartered in Pohang, South Korea.
- Commitment to Innovation: Known for its focus on sustainability and technological advancements.
2. The Need for Digital Transformation:
- Enhancing Planning Capabilities: POSCO sought to improve its sales and operations planning (S&OP) and customer satisfaction.
- Selecting o9: After a comprehensive evaluation, POSCO chose o9 for its vision of digitally integrated business planning and its AI-powered platform.
- “Digital Brain” Platform: o9’s platform will enable POSCO to create a digital twin of its operations, facilitating data-driven decisions and scenario analysis.
3. Key Benefits of the Partnership:
- End-to-End Decision Making: The o9 platform connects all functional plans across various time horizons, ensuring cohesive decision-making.
- What-If Scenarios: Allows POSCO to run multiple scenarios to evaluate different business strategies.
- Operational Efficiency: The partnership aims to significantly enhance POSCO’s operational efficiency and overall customer experience.
4. Industry Engagement and Upcoming Event:
- aim10x On Tour Seoul: On September 10, o9 will host an executive event at the Signiel Seoul, gathering industry leaders to discuss trends in supply chain, IT, and digital transformation.
- Networking Opportunity: The event will offer insights into the latest industry trends and foster collaboration among supply chain and digital transformation professionals.
POSCO’s partnership with o9 represents a significant step toward digital transformation in the steel manufacturing industry. By integrating o9’s AI-powered “Digital Brain” platform, POSCO is poised to enhance its supply master planning capabilities, drive operational efficiency, and improve customer satisfaction. The collaboration underscores both companies’ commitment to innovation and sets the stage for future advancements in business planning and decision-making.
