Hershey has introduced the appointment of Deepak Bhatia as its first chief know-how officer and latest member of its govt committee. Bhatia, who was beforehand the vice chairman 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 anticipated to assist Hershey navigate the fast-changing know-how panorama and make sure the firm stays adaptable and aggressive.

Meals and beverage firms like Hershey not solely must create interesting merchandise for customers, however additionally they want to contemplate the more and more essential function that know-how performs of their enterprise. Provide chain disruptions lately have confirmed to be detrimental to companies, underscoring the necessity for firms to include know-how into their operations. Many firms are actually using AI to enhance processes resembling creation, delivery, 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 customers and clients.

With the fast tempo at which know-how is advancing, it has change into important for firms to have a devoted particular person overseeing technological points that have an effect on their enterprise. Simply as firms have executives overseeing funds or operations, having a chief know-how officer is essential for staying forward of the competitors. And not using a deal with know-how, firms danger falling behind their rivals and lacking out on vital gross sales alternatives.