One of the leading next-generation digital services and consulting firms globally, Infosys, has recently announced its strategic collaboration with Shell Global Solutions International B.V. (Shell) as the commercialisation partner of the “Shell Inventory Optimizer” solution.
Shell and Infosys will launch “Shell Inventory Optimizer” as the first product offered to its energy customers. The solution leverages artificial intelligence that enables companies to optimise warehouse inventory levels based on historical consumption. By improving demand planning, this innovative solution reduces the time and labour required to complete maintenance operations and brings down the cost of operation.
“The Shell Inventory Optimizer was one of our earliest global digital products and has delivered millions of dollars in benefits for Shell, helping us to safeguard operations through inventory rightsizing. We are delighted to bring this innovation to market together with Infosys. The collaboration enables us to accelerate the development of this product and develop new and innovative features,” said Dan Jeavons, Vice President, Computational Science and Digital Innovation, Shell.
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Ashiss Kumar Dash, EVP and Segment Head – services, utilities, resources, energy, Infosys, said, “We are delighted to partner with Shell on their digital transformation and commercialisation journey, particularly in the asset management space. The Shell Inventory Optimizer product will not only enable our clients to leverage emerging technologies in order to get deeper insights on their assets but will also help them progress on their journey to become carbon neutral by bringing in operational efficiency by reducing wastage of raw materials. We are excited to bring the Shell Inventory Optimizer solution to market and look forward to maturing our strategic collaboration with Shell.”
This collaboration will also further strengthen the long-standing relationship between the two companies since the 2000s.