Kraft Heinz harnessing the power of AI

Welcome, innovators.

Artificial intelligence (AI) is touching every inch of almost every industry. Today, we talk about how Kraft Heinz is using AI to make more autonomous supply-chain decisions.

This is crazy-interesting stuff with endless potential. 

In today’s newsletter:

  • Today’s must-read stories 📰

  • Kraft Heinz leverages AI for supply-chain decisions

  • Prompt of the day ✍️

Today’s must-read stories 📰 

Elon Musk has endorsed California's SB 1047 bill, which would require tech companies and AI developers to conduct safety testing and implement cybersecurity safeguards

Cerebras Systems has unveiled Cerebras Inference, the world's fastest AI inference solution, which outpaces NVIDIA GPU-based solutions by 20 times and offers 100x better price-performance.

Recent data shared by hundreds of Microsoft employees reveals that those in the company's new AI division earn significantly more than their colleagues in other departments.

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Kraft Heinz leverages AI for supply-chain decisions

Kraft Heinz is harnessing AI and advanced technology to enhance its supply chain efficiency and resilience. 

Through strategic investments and collaborations, the company is moving towards a fully autonomous supply chain that can swiftly respond to demand fluctuations and disruptions.

Key Takeaways

  • AI-driven decision-making: Kraft Heinz is leveraging its Lighthouse platform, powered by proprietary algorithms, to make more autonomous supply-chain decisions and handle disruptions by using data from suppliers, factories, and distribution centers.

  • Investing in resiliency: The company is pooling scattered supply chain data to create a centralized system, aiming for a fully autonomous supply chain. The goal is to enhance efficiency and avoid service disruptions.

  • Collaboration with Microsoft: Kraft Heinz is working with Microsoft to integrate data and analytics through Microsoft Azure and develop a generative-AI tool called KraftGPT for streamlined operations.

  • Focus on efficiency: Despite declining sales, Kraft Heinz continues to invest in AI and automation, retraining teams and hiring data and automation experts to improve supply chain resilience without replacing its workforce.

Our Thoughts: Kraft Heinz's strategic use of AI to enhance its supply chain reflects a broader trend among food manufacturers to boost efficiency and adapt to changing consumer demands. The integration of technology like Lighthouse and KraftGPT is a strong step toward achieving a fully autonomous supply chain.

Prompt of the day ✍️ 

Compensation and benefits specialist (create a performance-based bonus plan)

How it works:

This prompt creates a customized performance-based bonus plan by asking targeted questions, refining the plan through iterative evaluations, and ensuring alignment with organizational goals, fairness, and transparency.

Why use it:

This prompt is ideal for creating a highly customized and effective performance-based bonus plan, ensuring that it meets organizational goals while being fair, transparent, and motivating for employees.

Prompt Example:

{"prompt":"Develop a tailored Performance-Based Bonus Plan aligned with the user's individual needs, drawing insights from the supplied reference materials. Initiate interaction with the user to obtain essential specifics and resolve any ambiguities. Iteratively refine the Performance-Based Bonus Plan through consistent evaluations using the given evaluationRubric and gather user input to ensure the end product aligns with the users expectations.}

You can find the prompt in its entirety here.

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