Renan Devillieres of OSS Ventures provides Shein as a real-world example of highly leveraged, rules-based supply chain management.
Prediction Not checkable as stated
Devillieres: AI will reduce white-collar jobs tenfold while doubling human output
“And so, in the grand scheme of things, I just think that AI is going to do to white collar, like repetitive intellectual work, what machines did to physical work, which is we'll go 10 weeks less number of jobs, two weeks the output, and people are going to be …”
Assertion Supported
Devillieres: Vitesse Automation uses natural language to code industrial machines in real-time
“He created a company called Vitesse Full Speed Automation. He can code any machine with natural language, real-time.”
Assertion Not checkable as stated
Devillieres: Proprietary data shows only 5% of factories operate like tech companies
“OSS was created four and a half years ago, and we physically visited 860 factories. I probably visited 200 myself. We have that big database where we put everything, and according to the database, about five percent of factories are what we call doer visionari…”
Assertion Not checkable as stated
Devillieres: 18 of OSS Ventures' 20 fund staff are operational, not investors
“So we have 20 people in the investment fund of which 18 are operational. So I literally have coders, designers and marketers. On the payroll.”
Assertion Not checkable as stated
Devillieres: OSS startups get 40% to 60% of first million via firm introductions
“And typically our companies get 40 to 60% of their first million revenue from all introductions because we run a network of 2200 factories and warehouse and operational sites that have already used at least one OSS portfolio solution.”
Insight
Devillieres: Western factories automate while cheap labor solves Asian operational issues
“Because the factories in the West, the warehouse in the West have a very similar set of issues. But then the factories in China, in India, they have a very different set of problems because the labor cost is not the same. When the labor cost is not the same, l…”