Hugo Fuentes Diaz and Miguel Gallardo have worked in the supply chain industry for more than 25 years combined. During that time, they witnessed the modernization and digitization of sales, human resources, and finance functions as Customer Relationship Management (CRM) tools and Enterprise Resource Planning (ERP) platforms became commonplace. This digital evolution allowed industry professionals to make better-informed decisions based on data, creating the ability to increase sales, save costs, increase efficiency, and improve overall performance metrics.
However, the supply chain management function within organizations hadn't undergone mainstream modernization yet, thus Hugo and Miguel, the co-founders of The Owl Solutions, believe the time for transformation is now!
“We would drive ourselves crazy trying to achieve more in our roles, but we were constrained by our own circumstances. Our day-to-day was surrounded by disjointed spreadsheets as we tried to make sense of supply chain data,” said Hugo. “Lack of visibility, transparency and up-to-date information was impacting our ability as professionals and made it impossible to bring our industry forward at the speed of change. We knew there must be a better way to equip supply chain professionals to perform better and achieve greater results.”
Miguel and Hugo brought their industry expertise from working in Chile, Mexico, and The Netherlands to Canada, and in 2019 they created The Owl Solutions. The Owl Solutions is a provider of cloud-based supply chain management solutions for midsize manufacturing and distribution organizations. Owl, the company’s core data analytics and performance management product, empowers businesses to stop wasting time and resources searching for opportunities to save money, improve customer service and reduce working capital on inventories, and instead subscribe to a service that provides world-class operating performance visibility and return on investment in days.
“Supply chains are extremely complex, so we designed our platform to be user-friendly and very comprehensive at the same time, in order to illuminate professionals to detect performance anomalies before they turn into massive business issues,” said Miguel. “We use a holistic approach, looking at the supply chain as a system, not just the execution or delivery. The Owl platform considers all aspects of the process and provides powerful analytics and real-time KPIs to identify inefficiencies within supply chains, resulting in an increased bottom line.”
The Owl Solutions is currently working on a new development to reduce plastic waste and associated carbon emissions for manufacturing companies. The project received sponsorship from the Sustainable Development Technology Canada (SDTC) during Miguel and Hugo’s enrollment at the AC. The prototype was recently launched and will help organizations be more conscious and proactive regarding supply chain sustainability and ESG compliance, as well as save costs and taxes associated with new Extended Producer Responsibility (EPR) plastic regulations in Canada.
After three years, four phases, and over 400 milestones, The Owl Solutions has shown the world they have what it takes to join the ranks of Canada's top tech companies by completing AC:Incubate! Join us in person on October 26th.