Jabil and Cyferd Unveil ID8 Global, a Joint Venture Launching Groundbreaking AI-Driven, Fully Autonomous Supply Chain Platform
November 12, 2024 | JabilEstimated reading time: 2 minutes
Jabil Inc., a global leader in engineering, manufacturing, and supply chain solutions today announced ID8 Global, a joint venture with Cyferd Inc., a pioneering AI company specializing 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.
The joint venture between Cyferd and a Jabil subsidiary marks the beginning of a new era for AI-driven procurement and supply chain transformation. Combining Jabil’s extensive experience across the global supply chain with Cyferd’s advanced platform capabilities and proprietary self-learning AI engine, Neural Genesis, ID8 Global’s customizable software solution presents a unique value proposition for supply chain and procurement practitioners within any organization.
The platform is set to allow teams to autonomously manage their complex, multi-tiered supply chains with exceptional speed and precision. Companies can then proactively address disruptions, optimize 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 organizations 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 organizations. 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 will officially debut at Electronica, held at the Trade Fair Center Messe München in Munich, Germany, Nov. 12–15. To meet the Jabil and Cyferd teams, stop by Stand 319 in Hall B4.
Suggested Items
Scanfil Signs Agreement with Leardal Medical for Malaysian Factory
03/12/2025 | ScanfilLaerdal Medical and Scanfil have signed a framework agreement for manufacturing at Scanfil’s newly acquired Malaysian factory in Johor Bahru. Scanfil announced an investment of EUR 4.3 million in the factory in January to meet its high customer demand.
Global Sourcing Spotlight: How Global Sourcing Drives Innovation
03/12/2025 | Bob Duke -- Column: Global Sourcing SpotlightSomeone once told me the more you meet and work with people, the more you’ll learn and, most importantly, the more it will spur more innovation. Innovation is, of course, the lifeblood of success. Companies constantly seek ways to stay ahead, remain competitive, and deliver value to their customers.
INEMI Launches Study of AOI Inspection for Fine Pitch Substrates Seeking Industry Participation
03/11/2025 | iNEMIThe fine lines and spaces of increasingly popular heterogeneous SiP packages, coupled with larger panel sizes and more substrate layers, demand increased capabilities from automated optical inspection (AOI) equipment to accurately detect, characterize and reject true defects without over-rejections.
SEMICON China 2025 to Highlight Key Opportunities and Challenges in Advancing Semiconductor Industry Growth
03/07/2025 | SEMISEMICON China 2025 will gather industry visionaries and leaders from March 26-28 at the Shanghai New International Expo Centre to delve into the latest developments, trends, and innovations in key areas crucial for propelling industry growth to $1 trillion by 2030.
CELUS Drops BOM on Electronics Design Complexity
03/05/2025 | BUSINESS WIRECELUS, developer of the leading AI-assisted electronics design platform used by developers and engineers globally, unveiled a new bill of materials (BOM) experience that better satisfies the needs of electronic engineers by helping them choose the right components for the early stages of their PCB design.