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WesTrac and Palantir renew partnership

WesTrac has expanded its use of Palantir’s Foundry software for inventory management

Software developer Palantir Technologies and Caterpillar dealer WesTrac have announced a multi-year enterprise expansion of their partnership, to deploy Foundry across core operations.

Foundry is a decision-making program that uses data and analytics to help businesses manage their assets and processes.

Foundry will be deployed across WesTrac’s Component Rebuild Centres and be used by inventory management teams to improve efficiency and customer delivery times.

Palantir’s Foundry operating system is being used to help increase throughput of WesTrac’s Component Rebuild Centre at its headquarters in Perth Western Australia and is being expanded to the company’s Tomago facility in NSW.

Foundry is used daily by workshop planners and supervisors to improve task scheduling decisions, manage upcoming part constraints and increase labour efficiency through proactive alerting on task performance and schedule adherence.

Foundry will also be leveraged by WesTrac’s inventory management teams to identify deficits in available inventory that may block workshop progress, enabling the team to make more proactive ordering decisions.

“In the current technology-rich era, WesTrac has a strong focus on incorporating enhanced data-driven decisions across our business as we look to drive our own digital transformation and improve delivery of Cat products in Australia,” WesTrac CEO Jarvas Croome says.

“Implementing Foundry has delivered a strong initial return on investment and we anticipate the five-year expansion of our partnership with Palantir will enhance ROI [return on investment] and enable more data driven decisions.”

In addition to Foundry, WesTrac plans to explore AI solutions leveraging a suite of software including Palantir’s new Artificial Intelligence Platform (AIP).

AIP allows WesTrac to better connect sales to operations, by enabling sales functions to ask questions of workshop operations, to inform sales strategy and improve the accuracy of information provided to customers.

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