Jabil Inc., a specialist in engineering, manufacturing, and supply chain solutions, announced ID8 Global, a joint venture with Cyferd Inc., an AI company specialising in data technology.
Together, they are introducing a generative AI-driven, autonomous supply chain and procurement software platform that will transform how industries manage complex logistics, procurement, and operations on a global scale.
Combining Jabil’s experience across the global supply chain with Cyferd’s advanced platform capabilities and proprietary self-learning AI engine, Neural Genesis, ID8 Global’s customisable software solution presents a unique value proposition for supply chain and procurement practitioners within any organisation.
The platform is set to allow teams to autonomously manage their own complex, multi-tiered supply chains with speed and precision. Companies will be able to proactively address disruptions, optimise procurement processes, and respond to market changes in real time – a key competitive advantage in an increasingly disrupted world.
“By merging Jabil’s industry expertise with Cyferd’s cutting-edge AI capabilities, we’re not just improving the supply chain; we’re reimagining it,” said Frank McKay, Chief Procurement and Supply Chain Officer at Jabil. “This platform will help organisations scale faster and adapt to global demands. We’re at the forefront of something truly transformative that will strengthen Jabil’s relationships with its customers and suppliers.”
“ID8 Global will embed AI-driven automation and efficiency gains directly into the core of customers’ procurement and supply chain operations,” added Jeff Austin, Vice President of Procurement and Supply Chain Services at Jabil. “Through this joint venture, we’re driving smarter, more sustainable decision-making workflows across the supply chain ecosystem and building the foundation for autonomous, resilient supply chain management.”
“Our alliance with Jabil through this joint venture redefines what’s possible in supply chain and procurement management,” said Ranjit Bahia, CEO at Cyferd. “With Cyferd’s self-learning engine, which can create AI agents and applications in minutes, we’re creating dramatic efficiencies in digital transformation and seamless data integration within organisations. Paired with Jabil’s unparalleled knowledge and decades of expertise, we’re creating one of the most advanced self-learning platforms on the planet. This is a leap forward for flexible, proactive supply chain operations.”
The platform and joint venture were officially debuted at electronica.
