Supply chain management

COVID-19 Impact and Recovery Analysis | Rail Freight Procurement Intelligence Report Forecasts Spend Growth of over USD 60 Billion

Tuesday, July 7, 2020 - 2:00pm

The global rail freight is poised to experience spend growth of more than USD 60 billion between 2019-2024 at a CAGR of over 4%.

Key Points: 
  • The global rail freight is poised to experience spend growth of more than USD 60 billion between 2019-2024 at a CAGR of over 4%.
  • View the full release here: https://www.businesswire.com/news/home/20200707005323/en/
    Read the 120-page research report with TOC and LOE on "Global rail freight Procurement Intelligence Report, Pricing Outlook in Geographies that include APAC, North America, South America, and MEA, and insights into best practices to optimize procurement spend."
  • Our rail freight procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation.
  • This rail freight procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

Logistics Leader Visible Supply Chain Management Acquires Dallas-based TriCon to Round Out Its Offering

Tuesday, July 7, 2020 - 2:00pm

Visible Supply Chain Management (Visible), an industry leader in shipping and fulfillment services for small to midsize businesses, today announced it has acquired TriCon, a logistics and fulfillment company based in Dallas, Texas.

Key Points: 
  • Visible Supply Chain Management (Visible), an industry leader in shipping and fulfillment services for small to midsize businesses, today announced it has acquired TriCon, a logistics and fulfillment company based in Dallas, Texas.
  • TriCon, now Visible, will strengthen the company's overall offering to its customers by bringing new expertise in customs brokerage services and international transportation.
  • In addition, Visible CEO Jared Starling was a 2019 CEO of the Year honoree by Utah Business magazine.
  • Since 1992, Visible Supply Chain Management has provided customized solutions for B2B and B2C organizations.

Gap Inc. Launches B2B Sales for Organizations to Purchase Reusable, Non-Medical Grade Cloth Face Masks

Tuesday, July 7, 2020 - 2:00pm

Gap Inc. (NYSE: GPS) today announced it has launched a B2B product program focused on offering large organizations high-quality reusable, non-medical grade cloth face masks* to supply to their employees as they welcome them back to work.

Key Points: 
  • Gap Inc. (NYSE: GPS) today announced it has launched a B2B product program focused on offering large organizations high-quality reusable, non-medical grade cloth face masks* to supply to their employees as they welcome them back to work.
  • To date, Gap Inc.s recently-launched B2B face mask program has sold approximately 10 million non-medical grade face masks to employers, including the City of New York, the State of California , Kaiser Permanente and a leading consulting firm.
  • In the face of this pandemic, the Gap Inc. team was able to quickly respond to a customer need for masks.
  • For more information about the brand-new B2B Gap Inc. face mask program, visit here .

Merchants Fleet Expands Maintenance Program with YourMechanic Partnership

Tuesday, July 7, 2020 - 2:18pm

The partnership has enabled Merchants Fleet to greatly expand its Mobile Maintenance offering and overall Fleet Maintenance Management Program.

Key Points: 
  • The partnership has enabled Merchants Fleet to greatly expand its Mobile Maintenance offering and overall Fleet Maintenance Management Program.
  • We are excited to add YourMechanic to our partnership network and extend the mobile maintenance offering to our clients, said Adam Secore, Sr. Vice President, Operations at Merchants Fleet.
  • As a fully integrated Merchants Fleet Maintenance Program, ASE certified staff at Merchants Fleet will review all repairs, and charges will be incorporated into the consolidated billing process.
  • About Merchants Fleet: Merchants Fleet is the fastest growing fleet management company nationally.

Amazon Announces First Fulfillment Center and Second Delivery Station in Little Rock

Tuesday, July 7, 2020 - 3:30pm

Amazon.com , Inc. (NASDAQ: AMZN) today announced plans to open its first fulfillment center in Little Rock, Arkansas.

Key Points: 
  • Amazon.com , Inc. (NASDAQ: AMZN) today announced plans to open its first fulfillment center in Little Rock, Arkansas.
  • Were delighted to be building out our network of operations in Little Rock, Arkansas, said Alicia Boler Davis, Amazons vice president of global customer fulfillment.
  • We greatly appreciate the strong support from local and state leaders as we look to open our first fulfillment center and second delivery station in the state of Arkansas.
  • Packages are transported to delivery stations from Amazon fulfillment and sortation centers, and then loaded into vehicles for delivery to customers.

Mobile Industrial Robots (MiR) Names New President

Tuesday, July 7, 2020 - 1:00pm

Mobile Industrial Robots (MiR), the world leader in autonomous mobile robots (AMRs), today announced the appointment of Sren E. Nielsen as the new president of the Denmark-based company.

Key Points: 
  • Mobile Industrial Robots (MiR), the world leader in autonomous mobile robots (AMRs), today announced the appointment of Sren E. Nielsen as the new president of the Denmark-based company.
  • As president of MiR, Sren will carry on the passion, innovation and vision that brought MiR to this point.
  • Press photos of Sren E. Nielsen, President of Mobile Industrial Robots from August 1st, 2020
    Press photos from the internal employee meeting where the message was passed on to the employees.
  • Mobile Industrial Robots (MiR) develops and markets the industrys most advanced line of collaborative and safe autonomous mobile robots (AMRs) that quickly, easily and cost-effectively manage internal logistics, freeing employees for higher-value activities.

Comtech Telecommunications Corp. Awarded $2.2 Million of Follow-on Contracts for Military SATCOM TWTAs

Tuesday, July 7, 2020 - 2:00pm

Comtech Xicom Technology is proud to support the U.S. military with our rugged and high performance TWTAs, said Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp.

Key Points: 
  • Comtech Xicom Technology is proud to support the U.S. military with our rugged and high performance TWTAs, said Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp.
  • The inclusion of our TWTAs into these terminals helps to provide critical on-the-halt communications for our soldiers by delivering reliable, high performance Ka-band products.
  • Comtech Xicom Technology, Inc., a world leader in high-power amplifiers, manufactures a wide variety of tube-based and solid-state power amplifiers for military and commercial satellite uplink applications.
  • Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions.

Logility Named a Supply & Demand Chain Executive 100 Recipient for the Seventeenth Year

Tuesday, July 7, 2020 - 1:30pm

Logility, Inc., automating the digital transformation of supply chain optimization and advanced retail planning, today announced the editors of Supply & Demand Chain Executive named Logility a recipient of its 2020 Supply & Demand Chain Executive Top 100.

Key Points: 
  • Logility, Inc., automating the digital transformation of supply chain optimization and advanced retail planning, today announced the editors of Supply & Demand Chain Executive named Logility a recipient of its 2020 Supply & Demand Chain Executive Top 100.
  • Logility is honored to be recognized by the editors of Supply & Demand Chain Executive for helping innovative companies like Bodybuilding.com mature their supply chains, said Allan Dow, president, Logility.
  • The Supply & Demand Chain Executive Top 100 award is given to supply chain providers, consultants and other organizations that help lead complex supply chain operations with innovative technology.
  • Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage.

Capital Rx Announces Collaboration with Walmart to Expand Prescription Drug Cost Savings

Tuesday, July 7, 2020 - 1:00pm

Capital Rx and Walmart are the first to offer employers a unit price for all prescriptions across retail, mail and specialty.

Key Points: 
  • Capital Rx and Walmart are the first to offer employers a unit price for all prescriptions across retail, mail and specialty.
  • Working with Capital Rx will allow us to do the same for prescription drugs, said Luke Kleyn, Vice President, Walmart Health and Wellness.
  • Capital Rx is making great strides in redefining the way prescription drugs are priced and administered in the United States.
  • Through our collaboration with Walmart, Capital Rx brings the purchasing experience of an efficient market to specialty and mail drugs, said Loiacono.

Procurement Advisors Names William Medof as Chief Operating Officer

Wednesday, July 8, 2020 - 12:28am

Procurement Advisors, LLC (PA), a leading data-enabled group purchasing organization, has named William Billy Medof to the newly created position of Chief Operating Officer effective July 1, 2020.

Key Points: 
  • Procurement Advisors, LLC (PA), a leading data-enabled group purchasing organization, has named William Billy Medof to the newly created position of Chief Operating Officer effective July 1, 2020.
  • Previously, Mr. Medof served as the President of Georgia-Pacific Corrugated, one of the four largest producers of corrugated packaging in the United States.
  • After serving as an Army Field Artillery officer for four years, Mr. Medof worked in a variety of strategic and executive positions at General Electric, Citigroup, Delta Air Lines and Georgia-Pacific.
  • I am excited to join Procurement Advisors at this unique period in its growth, said Mr. Medof.