Border States Enlists GAINS for AI Lead Time Prediction - Modern Distribution Management

Log In

Border States Enlists GAINS for AI Lead Time Prediction

To improve lead time accuracy, Border States electrical supplies distributor will implement a AI-based prediction tool.
Border States d
Author
Date

Fargo, ND-based electrical supplies distributor Border States partnered with supply chain optimization company GAINS to improve lead time accuracy and supply chain performance through an AI-powered platform.

The GAINS Halo360° Decision Engineering and Orchestration Platform offers lead time prediction, in this case using machine learning techniques along with Border State’s own data to create a unique prediction model based on the distributor’s supply chain.

The tool uses lateral learning to respond to changing environments and generate lead time predictions for items with limited or no supply data. As the model is continually trained using Border States’ latest dataset, the solution will calculate lead times with greater and greater accuracy over time, company officials said in an April 30 news release.

GAINS Vice President of Industry Solutions Amber Salley says the technology allows companies to “become more confident in their replenishment decisions, avoid value leakage and better meet service, cost and capacity goals — a difficult task given the volatility of today’s markets.”

“This technology is one of the most exciting advancements in inventory and demand planning the industry has seen in many years, and we are thrilled to be ushering in these capabilities together,” said Border States Vice President of Procurement Richelle Bishoff.

Employee-owned Border States was No. 6 on MDM’s 2023 Top Distributors List for electrical, data & security products distributors. The company serves construction, industrial and utility customers.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.