Microsoft Malaysia partners Seeloz for supply chain tech - MIDA | Malaysian Investment Development Authority
contrastBtngrayscaleBtn oku-icon


plusBtn crossBtn minusBtn


This site
is mobile


Microsoft Malaysia partners Seeloz for supply chain tech

Microsoft Malaysia partners Seeloz for supply chain tech

18 Aug 2021

Microsoft Malaysia has partnered Silicon Valley-based Seeloz Inc to introduce a manufacturing supply chain ecosystem with artificial intelligence (AI).

The Seeloz’ Supply Chain Automation Suite (SCAS) will be introduced in the Malaysian and Asia Pacific markets and powered by Microsoft Azure.

Seeloz founder and CEO Dr Mohamed Aly said innovation is crucial to businesses growth and resilience, especially in the supply chain management in the digital era.

“Adopting a perspective of creating tailored vertical-specific solutions is paramount to us at Seeloz, as we focus on infusing cutting edge technology into businesses through SCAS.

“By partnering with Microsoft Malaysia, we are able to tap into the power of Azure and empower Malaysian enterprises and organisations to survive the challenging economic climate and expand into the regional market via the digital economy,” Mohamed said during the virtual memorandum of understanding signing ceremony yesterday.

Microsoft Malaysia and Seeloz have agreed to support the Malaysian supply chain ecosystem to further enhance the major strategic sectors in Malaysia such as manufacturing, oil and gas, utilities, palm oil and public services.

Seeloz would be working closely with Microsoft Malaysia to upskill Malaysians and ensure the nation’s talent is equipped to fully leverage the new solutions being introduced.

Seeloz will also conduct AI and supply chain training programmes in partnership with the Malaysian government.

Microsoft Malaysia will be conducting accelerator workshops and hands-on labs, while supplementing Seeloz’s training programmes with materials on cloud, data and AI.

The partnership emphasises on AI and is forecast to build on the country’s leadership position in emerging technology, thus driving gross domestic product growth by attracting investments, companies and spur the creation of start-ups in the country.

Seeloz introduced SCAS as the world’s first autonomous requirements planning, redefining supply chain planning using AI.

The technology has been proven to reduce inventory carrying costs by up to 40%, reduce supply chain management costs by up to 25% and substantially boost operational efficiency in over twenty industry verticals.

It is deemed essential to the future of every sector involving the management of complex supply chains and for Malaysia to remain competitive and pull ahead of the competition in Asean.

Microsoft Malaysia MD K Raman said the Covid-19 pandemic and its reverberating effects have warped traditional methods of supply chain management within manufacturing industries in Malaysia and the region.

“Digital transformation continues to take place all around us, as consumers and retailers go digital — so should our manufacturers.

“To this end, it is essential to the long-term sustainability of any business operating in the manufacturing sector to augment their supply chain using new technologies such as AI and automation, to gain the flexibility and scalability required to thrive in the future,” he said.

He added that the partnership with Seeloz is a continuation of its shared commitment under “Bersama Malaysia”, an initiative launched in April this year.

He said Microsoft Malaysia continues to help digitally transform the nation through innovation of AI in manufacturing.

Supply chains are a key part of Malaysia’s digital transformation journey, with Malaysia being home to two of the top five ports in Southeast Asia and manufacturing being one of the key economic pillars.

A solution-focused on manufacturing can redefine supply chain planning for inbound supply chains while the SCAS Production is designed to accelerate growth within the manufacturing sector, mitigate the impact caused by the pandemic and provide flexibility for businesses to explore more opportunities within the digital economy.

Source: The Malaysian Reserve