Hershey has introduced the appointment of Deepak Bhatia as its first chief know-how officer and latest member of its government committee. Bhatia, who was beforehand the vp of provide chain optimization applied sciences at Amazon, will start his new function on October 23. With experience in automation, provide chain planning, optimization and simulation, synthetic intelligence, and predictive analytics, Bhatia is predicted to assist Hershey navigate the fast-changing know-how panorama and make sure the firm stays adaptable and aggressive.
Meals and beverage corporations like Hershey not solely must create interesting merchandise for shoppers, however in addition they want to think about the more and more vital function that know-how performs of their enterprise. Provide chain disruptions in recent times have confirmed to be detrimental to companies, underscoring the necessity for corporations to include know-how into their operations. Many corporations are actually using AI to enhance processes akin to creation, transport, storing, and assessing provide and demand for his or her merchandise. Bhatia expressed his pleasure about main a technology-driven transformation that may meet the evolving wants of Hershey’s shoppers and clients.
With the speedy tempo at which know-how is advancing, it has grow to be important for corporations to have a devoted particular person overseeing technological points that have an effect on their enterprise. Simply as corporations have executives overseeing funds or operations, having a chief know-how officer is essential for staying forward of the competitors. With out a concentrate on know-how, corporations threat falling behind their rivals and lacking out on vital gross sales alternatives.