#40: Joel Beal CEO & Co-Founder of Alloy

Joel is the CEO & Co-Founder of  Alloy. Alloy’s platform aggregates and analyzes information from all sources in the supply chain, providing insight and visibility into consumer demand. They can tell you what, when and how much stock you need - so you don’t have to guess. They joined companies like Google, IBM, Microsoft, and SAP in being named a best-in-class provider in Consumer Goods Technology (CGT) Magazine’s 19th annual awards as a top 10 vendor for both the Artificial Intelligence and Supply Chain Planning business functions. 

They have closed a $12 Million Series A round for its AI-powered supply chain platform. This round brings its total known funding to $15.3 million. They are currently present with offices in San Francisco, Vancouver, and Berlin.

Some of the Episode Highlights:

How did you go from Academia to Supply Chain?Data is everywhere, it's only a matter of how you are going to use it to your advantage.Retail companies often look at the amount of thing purchased and not on whether they had an out of stock.Balancing out of stock and overstock.How does Alloy work with E-commerce?" The ones that tend to be the biggest predictors of future performance is historical demand patterns. "" One of the things you have to do as a leader is to trust that the team will treat sensitive information responsibly. "