DAYTON, Ohio – Winsupply Inc. is pleased to announce its strategic acquisition of a minority stake in Mined XAI, an AI-driven company known for transforming complex data into strategic insights.
Winsupply Inc. is a family of companies that includes more than 670 Winsupply local companies and regional wholesalers across the U.S. and service companies for sourcing and business support. Winsupply’s purpose – to build entrepreneurs – is a driving force behind this investment in Mined XAI.
The investment is part of Winsupply’s ongoing commitment to champion innovation and deliver enhanced value to Winsupply local companies, their customers, and vendor partners.
“This partnership is a significant step forward for our company and I am incredibly excited about the value this creates for the local companies, employees, and shareholders,” said Jeff Dice, President, Winsupply Inc.
Building on their successful three-year collaboration, Winsupply and Mined XAI are advancing their partnership to deliver Explainable AI (XAI) solutions for applications in supply chain, purchasing, distribution, and fleet management. This strengthened relationship positions Mined XAI to drive rapid growth while maintaining its commitment to deliver exceptional value to its customers.
“This strategic investment keeps Winsupply at the forefront of leveraging this transformative technology to support entrepreneurs in a business environment of growing complexity,” said Robert DiTommaso, President, Support Services Group, Winsupply Inc. “We have seen the impact of using AI in our operational processes and we anticipate this relationship will accelerate our overall business operations.”
Mined XAI is known for its advanced forecasting, scalability for a variety of use cases, fully explainable insights, and customer-centric approach. With Winsupply’s support, the two companies aim to leverage technological innovation for improved customer outcomes.
“We are thrilled to have Winsupply as a strategic partner,” said Ryan Kramer, President and Founder, Mined XAI. “This partnership is a perfect cultural fit, as both of our teams share an entrepreneurial mindset with a strong focus on results. The trust we have cultivated over the past few years ensures we are aligned in our mission to develop XAI solutions that deliver significant value to Winsupply and the broader marketplace.”
Tagged with acquisition, AI, Winsupply