Supply chain

Itemize Unveils AI Copilots for Financial Transaction Processing, Reinventing Financial Automation

Retrieved on: 
Tuesday, March 5, 2024

The introduction of our AI Copilots for Financial Transaction Processing is a testament to our commitment to delivering state-of-the-art financial automation solutions," stated James Thomas, CEO of Itemize.

Key Points: 
  • The introduction of our AI Copilots for Financial Transaction Processing is a testament to our commitment to delivering state-of-the-art financial automation solutions," stated James Thomas, CEO of Itemize.
  • "We are thrilled to partner with Itemize on their latest innovations, the AI Copilots for Financial Transaction Processing.
  • The introduction of AI Copilots is a game-changer, promising to take our efficiency and accuracy in financial transaction processing to new heights.
  • For more information about how Itemize AI Copilots for Financial Transaction Processing can transform your financial workflows, please visit www.itemize.com .

Seafood Expo North America/Seafood Processing North America Announces Keynote Address and Conference Sessions Featuring Top Professionals

Retrieved on: 
Friday, March 1, 2024

PORTLAND, Maine, March 1, 2024 /PRNewswire-PRWeb/ -- Seafood Expo North America/Seafood Processing North America, produced by Diversified Communications, announces keynote speaker Mark Blyth – William R. Rhodes '57 Professor of International Economics, The Watson Institute for International and Public Affairs at Brown University – and over 30 conference sessions presented by top professionals from across the sector on important topics facing the seafood industry.

Key Points: 
  • PORTLAND, Maine, March 1, 2024 /PRNewswire-PRWeb/ -- Seafood Expo North America/Seafood Processing North America, produced by Diversified Communications, announces keynote speaker Mark Blyth – William R. Rhodes '57 Professor of International Economics, The Watson Institute for International and Public Affairs at Brown University – and over 30 conference sessions presented by top professionals from across the sector on important topics facing the seafood industry.
  • The keynote session will be held on Sunday, March 10th at 11:00am in room 153CB.
  • The conference program, taking place during the three-day expo, will highlight timely topics and bring together a range of professionals to share their unique perspectives and insights.
  • Another session will include professionals from the Seafood Nutrition Partnership, H-E-B and Riverence talking through what drives U.S. consumer behavior and demand for seafood.

PEPSICO CAMPAIGN INSPIRES AND CELEBRATES WOMEN THRIVING IN SUPPLY CHAIN CAREERS

Retrieved on: 
Thursday, February 29, 2024

PURCHASE, N.Y., Feb. 29, 2024 /PRNewswire/ -- PepsiCo today announced the global She is PepsiCo campaign, which will include recognition of women who work in frontline roles in markets around the world, showcasing their transformative abilities, and helping to recruit even more to apply for frontline roles. The annual program rebrands some of the company's highly visible delivery trucks with the names and faces of She is PepsiCo honorees. Featuring photos of these employees in their work settings, in place of the company's brands, is at the heart of how the global campaign aims to celebrate and empower women.

Key Points: 
  • A 2023 Gartner survey showed that women made up 41% of the total supply chain workforce, up from 39% in 2022.
  • The She is PepsiCo campaign demonstrates how women can build and grow a meaningful frontline career at PepsiCo supported by the tools and culture to nurture their continued development.
  • "PepsiCo wants women to clearly see the career opportunities that are available to them and hear from the women who are thriving in frontline careers, and beyond.
  • Karen Jordan is the Chief Supply Chain Officer for PBNA, and Laura Maxwell is the Chief Supply Chain Officer for PepsiCo Foods North America (PFNA).

U.S. Food Importers Can Now Meet Tough FSVP Compliance Requirements with ComplyHub

Retrieved on: 
Tuesday, February 20, 2024

HAMPTON, Va., Feb. 20, 2024 /PRNewswire/ -- Registrar Corp, the world's largest FDA compliance company with over 30,000 clients, today launched ComplyHub. The powerful software enables U.S.-based food and beverage importers subject to the FDA's Foreign Supplier Verification Program (FSVP) become and stay compliant 24/7. Last year, 51% of FDA's FSVP inspections showed U.S. importers were not in compliance. Non-compliance can result in supply chain disruption and FDA-imposed enforcement action, civil penalties, and criminal prosecution.

Key Points: 
  • The powerful software enables U.S.-based food and beverage importers subject to the FDA's Foreign Supplier Verification Program (FSVP) become and stay compliant 24/7.
  • Last year, 51% of FDA's FSVP inspections showed U.S. importers were not in compliance.
  • We are excited that ComplyHub will provide U.S. food importers a powerful new tool to manage their suppliers and keep our food safe."
  • ComplyHub is complemented by Registrar Corp's comprehensive FSVP services for U.S. importers including:
    With ComplyHub, FSVP professional services, and online training, U.S. importers can focus on growing their business while staying FDA-compliant.

Bayer Crop Sciences selects One Network Enterprises to power its Logistics and Supply Chain Control Tower

Retrieved on: 
Tuesday, February 20, 2024

DALLAS, Feb. 20, 2024 /PRNewswire/ -- One Network Enterprises (ONE), the leading global provider of intelligent control towers and the Digital Supply Chain Network™, is pleased to announce that Bayer Crop Sciences, a division of Bayer Corporation, has selected ONE to provide their Supply Chain Control Tower. Bayer will join the Digital Supply Chain Network™ to take advantage of a large and growing ecosystem, bringing efficiency, reliability, agility, and predictability to their global supply chain operations.

Key Points: 
  • By improving the on-time arrival of raw materials, Bayer Crop Science expects to further improve productivity in its global supply chain ecosystem
    DALLAS, Feb. 20, 2024 /PRNewswire/ -- One Network Enterprises (ONE), the leading global provider of intelligent control towers and the Digital Supply Chain Network™, is pleased to announce that Bayer Crop Sciences, a division of Bayer Corporation, has selected ONE to provide their Supply Chain Control Tower.
  • Bayer will join the Digital Supply Chain Network™ to take advantage of a large and growing ecosystem, bringing efficiency, reliability, agility, and predictability to their global supply chain operations.
  • The Bayer Crop Science division is a world-leading agriculture enterprise with businesses in seeds, crop protection, and nonagricultural pest control.
  • Bayer has selected One Network to provide their AI-powered NEO Platform to enable end-to-end visibility to make better data-driven decisions across the Bayer Crop Science supply network.

China Automotive Software Business Models and Suppliers' Layout Research Report 2023 - Introduction of Large AI Models into Vehicles has Become a Main Trend

Retrieved on: 
Thursday, February 15, 2024

DUBLIN, Feb. 15, 2024 /PRNewswire/ -- The "Automotive Software Business Models and Suppliers' Layout Research Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 15, 2024 /PRNewswire/ -- The "Automotive Software Business Models and Suppliers' Layout Research Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • In terms of business forms, software providers are now engaged in custom software development and design, technical services, software licensing/authorization and system integration.
  • The introduction of large AI models into vehicles has become a main trend this year.
  • Moreover as the application of large AI models in vehicles speeds up, suppliers also create the foundation model pre-integrated supply mode.

China Automotive Software Business Models and Suppliers' Layout Research Report 2023 - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 15, 2024

The "Automotive Software Business Models and Suppliers' Layout Research Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Automotive Software Business Models and Suppliers' Layout Research Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • A newly published research report delves into the intricate landscape of automotive software business models and supplier strategies, highlighting the significant developments and tactical shifts occurring within this fast-evolving sector.
  • The industry report serves as a vital touchstone for stakeholders in the automotive arena, providing comprehensive insights into current practices and forward-looking trends shaping the automotive software business.
  • Adaptive business models positioned for future profitability, as the focus shifts from vehicle sales to application software and service enhancements.

PIH Health, Medline expand prime vendor partnership to service all points of care

Retrieved on: 
Wednesday, February 14, 2024

NORTHFIELD, Ill., Feb. 14, 2024 /PRNewswire/ -- Medline today announced it has expanded its prime vendor agreement with California-based healthcare network PIH Health. As the exclusive medical and surgical supplies distribution partner across PIH Health's inpatient acute care hospitals for more than 10 years, the new agreement will expand Medline's distribution services and solutions to the system's full network of laboratories, outpatient physician offices and post-acute care facilities.

Key Points: 
  • NORTHFIELD, Ill., Feb. 14, 2024 /PRNewswire/ -- Medline today announced it has expanded its prime vendor agreement with California-based healthcare network PIH Health .
  • As the exclusive medical and surgical supplies distribution partner across PIH Health's inpatient acute care hospitals for more than 10 years, the new agreement will expand Medline's distribution services and solutions to the system's full network of laboratories, outpatient physician offices and post-acute care facilities.
  • Building on the longstanding partnership, the two organizations will collaborate to identify new strategies for consolidating distribution and efficiently integrating all points of care into the health system's overall supply chain operations.
  • "At Medline, we remain dedicated to delivering exceptional service and support for the ongoing transformation of PIH Health's supply chain, which is a testament to PIH Health leadership's vision and commitment to excellence."

DB Roberts Announces Key Promotions, Leadership Changes

Retrieved on: 
Tuesday, February 13, 2024

WILMINGTON, Mass., Feb. 13, 2024 (GLOBE NEWSWIRE) -- DB Roberts announces promotions of key personnel within its organizational leadership structure.

Key Points: 
  • WILMINGTON, Mass., Feb. 13, 2024 (GLOBE NEWSWIRE) -- DB Roberts announces promotions of key personnel within its organizational leadership structure.
  • Robert Clapp, President and CEO for DB Roberts and Heilind Electronics, expressed enthusiasm about the promotions.
  • “Kelly and Lisa bring with them a wealth of industry, tactical, and strategic experience, which they will leverage to propel DB Roberts forward into the next phase of our company’s evolution.”
    Kelly began her journey with DB Roberts in 1996 as an Inside Sales Representative.
  • Lisa Breton's tenure with the organization started in 2001 at Heilind Electronics, transitioning to DB Roberts in 2006 as Purchasing Manager.

Demographics, labor market power and the spatial equilibrium

Retrieved on: 
Tuesday, February 13, 2024

Abstract

Key Points: 
    • Abstract
      This paper studies how demographics affect aggregate labor market power, the urban wage
      premium and the spatial concentration of population.
    • I develop a quantitative spatial model
      in which labor market competitiveness depends on the demographic composition of the local
      workforce.
    • If these factors differ across workers, labor market power has a role to
      play in explaining wage inequality.
    • This paper contributes to the literature on differences in labor market power by analyzing a
      new dimension of heterogeneity: demographics.
    • Since older workers are less mobile in terms of
      switching workplaces, firms have more labor market power over older workers.
    • I start by estimating labor market power by measuring the sensitivity of worker turnover to
      the wage paid.
    • I find a strong
      role of demographics in determining the degree of labor market power enjoyed by firms.
    • Next, I provide evidence of the importance of differences in labor market power for spatial
      wage inequality.
    • To explore the consequences of labor market sorting, I build a spatial general equilibrium
      model in which labor market competitiveness depends on the demographic composition of the

      ECB Working Paper Series No 2906

      2

      local workforce.

    • If these factors differ across workers, labor market power has a role to
      play in explaining wage inequality.
    • In
      the model, geographic sorting by age matters and leads to higher labor market power in rural
      areas, which implies an urban wage premium that is 4% larger than with uniform labor supply
      elasticities.
    • I follow Manning (2013) and estimate labor market power by measuring the sensitivity of worker
      turnover to the wage paid.
    • Bachmann et al., 2021; Ahlfeldt et al., 2022a; Berger et al.,
      2022) that nest a monopsonistic labor market in a spatial general equilibrium model (Redding
      and Rossi-Hansberg, 2017).
    • As firms have more labor market power
      over older workers, they face an upward-sloping labor supply curve that is less elastic in regions
      with an older workforce.
    • Firms choose in which labor market to operate in the sense that there is free
      entry at fixed costs into all locations.
    • How are differences in labor market competitiveness across space sustained in spatial equilibrium?
    • I use the model to quantify the importance of heterogeneity
      in labor market power for the urban wage premium and the spatial concentration of population.
    • My work is complementary to but quite different
      from this paper since I argue that population aging increases labor market power rather than
      product market power.
    • By analyzing the effects of a changing age composition of the workforce in the context
      of labor market power, I relate to literature on the labor market effects of population aging.
    • ECB Working Paper Series No 2906

      7

      after controlling for age, differences in labor market power between East and West Germany
      vanish.

    • They conclude that higher
      concentration is associated with higher labor market power (as in the model of Jarosch et al.,
      forthcoming).
    • I offer an alternative explanation why labor market power differs across regions:
      Since denser regions have a younger workforce, workers are more mobile in terms of switching
      jobs which implies lower labor market power of firms.
    • In this case, I infer a
      high labor supply elasticity and low labor market power of firms.
    • I contribute to this growing debate by
      quantifying differences in labor market power across worker groups and their effects on regional
      inequality.
    • While the model shows how demographics affect labor market power, the urban wage premium and agglomeration, one fundamental question remains open for future research: What
      are the policy implications of (differences in) labor market power?