Thyssenkrupp creates AI bot to optimize supply chain

“alfred” supports his colleagues by dynamically managing the global logistics network with 271 warehouse sites and more than 150,000 products and services.
Updated 17 June 2019
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Thyssenkrupp creates AI bot to optimize supply chain

Thyssenkrupp Materials Services’ Microsoft-supported AI solution “alfred” has been integrated into the processes of the materials distribution and services provider.
“alfred” supports his colleagues by dynamically managing the global logistics network with 271 warehouse sites and more than 150,000 products and services.
As with his namesake — Alfred Krupp — “alfred” will help to optimize transport routes and thus save in the transport of thousands of tons of material per year.
In addition, materials will be available more quickly at the right locations in the future.
Klaus Keysberg, CEO of Thyssenkrupp Materials Services, said: “Artificial intelligence is one of the technologies that will make a decisive contribution to competitiveness in materials distribution in the future. With ‘alfred,’ we are taking an important step toward making our processes even more efficient and optimizing our value chain. At the same time, he gives us better insight into our customers’ needs so that we can align our offerings accordingly. In the medium term, this holistic approach will also open up new business opportunities for us.”


Princess Lamia appointed champion of Generation Unlimited

Princess Lamia bint Majid Al-Saud
Updated 14 July 2019
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Princess Lamia appointed champion of Generation Unlimited

Princess Lamia bint Majid Al-Saud, secretary-general of Alwaleed Philanthropies, has been appointed as a champion of Generation Unlimited, a global partnership that aims to make young people productive and engaged citizens.
Launched in 2018, Generation Unlimited is a partnership hosted by UNICEF to connect secondary-age education and training to employment and entrepreneurship, empowering young people to thrive in the world of work.
Princess Lamia joins other champions including Nikolai Astrup, Norwegian minister of digitalization; Takehiko Nakao, president of the Asian Development Bank; and Vera Songwe, executive secretary, United Nations Economic Commission for Africa, among others.
“The rising generation of young men and women across the world are inspiring, with creative answers to the challenges that will define the future of our economy, environment and society. But they need our support to unleash their potential. I am honored to join the effort to connect the private sector, foundations and governments through Generation Unlimited to support their ideas and solutions,” said Princess Lamia. 
Using her leading role and widespread experience, Princess Lamia will focus on generating private sector support and advocating for programs that empower young people.
“There are currently 2 billion young people around the world — millions of them do not know if the skills they are learning today will help them earn a living tomorrow,” said UNICEF Executive Director Henrietta Fore. “Generation Unlimited — a global partnership designed to harness young people’s potential — is delighted that Princess Lamia bint Majid Al-Saud of Alwaleed Philanthropies is lending it her support.”

 

Decoder

Generation Unlimited

Launched in 2018, Generation Unlimited is a partnership hosted by UNICEF to connect secondary-age education and training to employment and entrepreneurship, empowering young people to thrive in the world of work.