ODYN
Somerville
About ODYN
ODYN is the only platform that gives large CPG co's full, cross-stakeholder supply chain visibility, by using an end-to-end, proprietary pallet tracking device and prescriptive software. This unique visibility gives CPG co's the shipping info they need in order to most efficiently reduce inventory on their books ("days of inventory," an accounting term of art), which translates to considerable supply chain savings. Days of inventory example: a $10B revenue company's inventory day equals $27m, therefore a reduction of lead time from 55 to 50 days represents $135m in cash flow and ($5.5m in operating cost savings, since inventory carrying cost represents roughly 20% of operating cost -- for handling, risk, etc.).
Company Facts
- Operating status: Closed
- Company type: For Profit
- IPO status: Private
- Employees: 1 – 10
- Estimated revenue: $1K – $10K
- Total funding: $1.4M
- Funding stage: M&A
- Last round: Series Unknown (Nov 2017)
- Website: odyn.ai
- Phone: 855-727-6232
Industries & Categories
Enterprise Software, Internet of Things, Logistics, Predictive Analytics, SaaS
Social Profiles
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