Founded in 2019, Pelico has created an AI-powered software platform to help operational teams quickly identify and respond to supply chain disruptions. Pelico software was purpose-built to solve operational fragmentation by connecting data, teams and tools, which can enable faster decision-making, reduction in backlogs, lower inventory costs and on-time delivery. Some of the software’s functionality includes identifying parts shortages early and recommending remediation actions; finding alternative parts to reduce reliance on constrained supply; and keeping high-priority orders such as AOGs on track by flagging critical parts and reallocating resources. Pelico’s software is used by companies such as AFI KLM E&M, Airbus, Eaton and Safran, and the technology can reduce parts shortages by 37% and increase on-time deliveries by 15% within 10 weeks of implementation. In June, Pelico announced a $40 million strategic financing round to accelerate its growth in North America.

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