Raven.ai Raises a $12 million Series A to Automate Manufacturing Plant Insights

Supply Chain
Written By Rick Watson

Raven’s overall equipment effectiveness (OEE) improvement software aims to help address labour costs and mitigate supply chain inefficiencies by providing overviews of equipment effectiveness and production losses.

Raven.ai is based in Canada and gives a large manufacturer a real-time view of their production lines, along with recommendations to remove bottlenecks and improve operational performance.  The type of software is called OEE or overall equipment effectiveness software. I was not aware there was a category of software like this.

BetaKit: RAVEN.AI AIMS TO ADDRESS SUPPLY CHAIN ISSUES FOLLOWING $12 MILLION USD SERIES A

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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