Press release

Cloudleaf Visibility Index™ to Serve as a Digital Gauge for Enterprise Supply Chains

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Sponsored by Businesswire

Cloudleaf,
Inc.
, an emerging leader in digital supply chain solutions, today
introduced the Cloudleaf Visibility Index™, a real-time digital gauge of
supply chain visibility, thereby enabling companies to improve
efficiency and responsiveness of their enterprise supply chains.

The Cloudleaf Visibility Index™ captures real-time product flow data
within and between facilities. Cloudleaf estimates that most enterprises
have only 20% visibility into their supply chains, as opposed to the
70-90% level needed to address key points of volatility where revenue
and costs are at risk.

The company’s cloud-based solutions pull data from the Edge to ensure a
70%-90% Cloudleaf Visibility Index™ target is achieved. The dramatically
greater visibility empowers supply chain managers to make rapid
improvements in anomaly detection, predictive maintenance and a host of
other areas that enhance reliability.

The technology innovator introduced the Cloudleaf Visibility Index™
during the Gartner Supply Chain Executive Conference in Phoenix, the
world’s pre-eminent gathering of supply-chain professionals. Cloudleaf
Chief Executive Officer Mahesh Veerina maintained that the new gauge may
serve as a benchmark for supply chains in all industries.

The Cloudleaf Visibility Index™ is defined as the number of points in
the end-to-end supply chain where product location and condition data
are captured in real time as a percentage of the total number of
opportunities where data could be captured. The Index is detailed in a
White Paper issued today by Cloudleaf. The White Paper, entitled, What
is the Visibility Index of Your Supply Chain?
, is available at https://www.cloudleaf.com/download/cloudleaf-visibility-index-paper/.

The genesis of the index came from the company’s customers, said Mr.
Veerina.

“Cloudleaf solutions emit hundreds of millions of data points per day,
and this sheer volume of data exposes countless visibility gaps in our
customers’ supply chains,” said Cloudleaf Chief Executive Officer Mahesh
Veerina. “Our customers consistently tell us that our typical 3x to 5x
improvement in supply-chain visibility results in increased revenues and
decreased costs that are measurable, often totaling tens of millions of
dollars.”

The innovative approach also drew praise from one of the world’s leading
supply-chain experts, Professor Hau L. Lee, the Thoma Professor of
Operations, Information and Technology at the Stanford Graduate School
of Business.

“Today’s always-on IoT sensing capabilities can deliver enormous value,
but only if companies make sense out of what they sense,” Professor Lee
said. “Turning vast quantities of data into useful intelligence is a
multi-faceted challenge. The Cloudleaf solution is now a supply
chain-specific application set designed to do that. They draw on an IoT
sensor network to deliver visibility in the context of the end-to-end
supply chain. Selecting and instrumenting key points to feed into such a
system enables sensible sensing.”

About Cloudleaf

Cloudleaf’s mission is to create significant value across the end-to-end
supply chain network by dramatically increasing visibility of product
flow and condition. Customers increase revenues, reduce material losses
and enhance the reliability of operations.

Our supply chain Visibility Platform delivers complete, real-time views
and insights across the eco-system from suppliers through production and
distribution to customers. Using IoT, AI/ML and advanced analytics, our
cloud software creates a digital model of the supply chain and processes
billions of events per second to deliver diagnostic and predictive
insights in real-time for location, condition, utilization and anomaly
detection. Cloudleaf is empowering world leading companies in
pharmaceuticals, food and advanced manufacturing with significant ROI
and millions in savings.

See https://www.cloudleaf.com/about
for additional company information.