Inventory

Capital Clarity Advises Skubana in its Acquisition by 3PL Central, Expanding Inventory and Order Management Offering for Ecommerce

Tuesday, April 13, 2021 - 9:48pm

"\n"This past year, we saw dramatic changes in buying behavior that we expect will forever change the consumer expectations and the ecommerce landscape," saidChad Rubin, CEO and co-founder of Skubana.

Key Points: 
  • "\n"This past year, we saw dramatic changes in buying behavior that we expect will forever change the consumer expectations and the ecommerce landscape," saidChad Rubin, CEO and co-founder of Skubana.
  • "\nThe acquisition of Skubana significantly enhances 3PL Central\'s technology offering and opens up a broader market reach to organizations involved in omnichannel sales and fulfilment.
  • Offering a comprehensive warehouse management platform, we endeavor to make it easy for 3PLs to manage inventory, automate routine tasks, and deliver complete visibility to their customers.
  • Ecommerce is one of Capital Clarity\'s many areas of technology focus and expertise.\n'

Health Systems Move to Creative Warehousing Solutions in Response to COVID-19

Tuesday, April 13, 2021 - 5:42pm

Some organizations found themselves with more than 5,000 pallets of PPE with little to no way to store it.

Key Points: 
  • Some organizations found themselves with more than 5,000 pallets of PPE with little to no way to store it.
  • This freed system teams up to coordinate bulk buys on behalf of its entire system and deliver them to a single location.
  • As individual facilities needed product, they could draw from that centralized inventory utilizing Medline\'s distribution network.
  • Headquartered in Northfield, Ill., Medline has 27,000+ employees worldwide, a fleet of more than 1,200 trucks and does business in over 90 countries.

Kimberton Whole Foods Increases Sales by 42 Percent with Shelf Engine AI

Thursday, April 8, 2021 - 2:00pm

Kimberton Whole Foods has always actively worked to reduce its environmental footprint, but now with Shelf Engine, the company has identified a way to positively impact the planet and also its bottom line.

Key Points: 
  • Kimberton Whole Foods has always actively worked to reduce its environmental footprint, but now with Shelf Engine, the company has identified a way to positively impact the planet and also its bottom line.
  • "Not only has Shelf Engine had an incredible impact on our sales, but these benefits have extended far beyond our shelves," said Robin Brett, Director of Purchasing, Kimberton Whole Foods.
  • Beyond strengthening the customer experience, Shelf Engine offers Kimberton Whole Foods reduced risk and guaranteed upside by buying back any products that don't sell.
  • Using machine learning, Shelf Engine provides grocers with accurate demand forecasts for highly perishable foods, eliminating loss of inventory and out-of-stocks.

Z5 Inventory Honored As 'Most Promising Healthcare Solution Provider'

Thursday, April 8, 2021 - 1:44pm

AUSTIN, Texas, April 8, 2021 /PRNewswire/ -- In their annual list of companies serving and improving the health care industry, CIOReview named supply chain management company Z5 Inventory among 2021's best .

Key Points: 
  • AUSTIN, Texas, April 8, 2021 /PRNewswire/ -- In their annual list of companies serving and improving the health care industry, CIOReview named supply chain management company Z5 Inventory among 2021's best .
  • The interview also points out complete redesign of the Z5 Inventory platform , including a new mobile app usable on any smart device and online inventory management portal.
  • In walking through all the technological advancements, Mr. Burris never lost sight of the ultimate goal of inventory management.
  • Anyone interested in a preview or trial of digital supply chain management using the Z5 Inventory Platform should visit www.Z5Inventory.com/Contact .

SCI and B-Stock team up to reduce waste

Thursday, April 8, 2021 - 11:50am

"E-commerce and omni-channel retail continue to grow, and so does the volume of returned inventory," explains SCI Omni-Channel Retail Vice President, Dave Mack.

Key Points: 
  • "E-commerce and omni-channel retail continue to grow, and so does the volume of returned inventory," explains SCI Omni-Channel Retail Vice President, Dave Mack.
  • The company handles inventory from a number of ecommerce leaders and sells it to businesses through more than 60 specialized online marketplaces.
  • "SCI stepped up with a state-of-the-art facility that could manage everything from inbound staging, palletizing, storage, to inventory management for auction."
  • In addition to receiving, inspecting and tagging returned merchandise, the SCI reverse logistics team also removes items that cannot be resold and returns them to the manufacturer or arranges for environmentally appropriate disposal.

Locus Launches NodeIQ to Optimize Strategic Supply Chain Decisions and Improve Customer Profits

Wednesday, April 7, 2021 - 3:00pm

SAN FRANCISCO, April 7, 2021 /PRNewswire/ -- Locus , a global B2B SaaS company that automates human decisions in the supply chain, today announced the release of a new product: Locus NodeIQ.

Key Points: 
  • SAN FRANCISCO, April 7, 2021 /PRNewswire/ -- Locus , a global B2B SaaS company that automates human decisions in the supply chain, today announced the release of a new product: Locus NodeIQ.
  • Locus NodeIQ is a smart supply chain decision-making platform that enables companies to perform end-to-end network and inventory optimization.
  • NodeIQ takes it to the next level, automating strategic supply chain decisions that impact four key areas: flow, location, inventory, and strategic sourcing.
  • Locus also helps companies optimize their end-to-end supply chain network with its strategic consulting offering.

Locus Launches NodeIQ to Optimize Strategic Supply Chain Decisions and Improve Customer Profits

Wednesday, April 7, 2021 - 3:00pm

SAN FRANCISCO, April 7, 2021 /PRNewswire/ -- Locus , a global B2B SaaS company that automates human decisions in the supply chain, today announced the release of a new product: Locus NodeIQ.

Key Points: 
  • SAN FRANCISCO, April 7, 2021 /PRNewswire/ -- Locus , a global B2B SaaS company that automates human decisions in the supply chain, today announced the release of a new product: Locus NodeIQ.
  • Locus NodeIQ is a smart supply chain decision-making platform that enables companies to perform end-to-end network and inventory optimization.
  • NodeIQ takes it to the next level, automating strategic supply chain decisions that impact four key areas: flow, location, inventory, and strategic sourcing.
  • Locus also helps companies optimize their end-to-end supply chain network with its strategic consulting offering.

Hempitecture Inc. Expands US Distribution

Wednesday, April 7, 2021 - 1:30pm

SUN VALLEY, Idaho, April 7, 2021 /PRNewswire/ --Hempitecture Inc, today announced an expansion of its in-house distribution network with the addition of a fulfillment center in Knoxville, TN.

Key Points: 
  • SUN VALLEY, Idaho, April 7, 2021 /PRNewswire/ --Hempitecture Inc, today announced an expansion of its in-house distribution network with the addition of a fulfillment center in Knoxville, TN.
  • The addition of this distribution center will allow Hempitecture to better service clients across the eastern seaboard, midwest, and south, with more affordable shipping rates and expanded inventory capabilities.
  • The Knoxville distribution campus is a step forward in making HempWool more accessible for customers nationwide," says Matthew Mead, CEO of Hempitecture Inc.
  • Hempitecture Inc. is a Public Benefit Corporation specializing in the manufacture and distribution of biobased building materials that are healthier for both people and planet.

CAE Posts Record Growth in the First Quarter of 2021

Tuesday, April 6, 2021 - 3:00pm

AUSTIN, Texas, April 6, 2021 /PRNewswire/ -- CAE, the industry's first software and data-driven physical commodity trader for semiconductor capital equipment and commodities, announces record unaudited financial growth for the first quarter of 2021.

Key Points: 
  • AUSTIN, Texas, April 6, 2021 /PRNewswire/ -- CAE, the industry's first software and data-driven physical commodity trader for semiconductor capital equipment and commodities, announces record unaudited financial growth for the first quarter of 2021.
  • CAE will continue to increase globally by providing on-the-ground support in every country with a fabrication plant.
  • Additionally, CAE is rapidly scaling its platform reach, adding over 1,000 new assets and points-of-demand per day on average.
  • CAE's efficiency has allowed thousands of clients to increase production and enable suppliers to effectively sell excess assets and inventory.

Rapaport Press Release: Diamond Trade Upbeat Ahead of 2Q Slowdown

Tuesday, April 6, 2021 - 11:15am

Grading backlogs have resulted at the Gemological Institute of America (GIA), raising concerns about excess inventory.

Key Points: 
  • Grading backlogs have resulted at the Gemological Institute of America (GIA), raising concerns about excess inventory.
  • De Beers limited its supply during the month as it prepared assortments for the new contract period beginning on April 1.
  • Alrosa delayed its April trading session by one week, arguing that the postponement would help the midstream maintain its inventory balance.
  • For in-depth diamond price, supply and demand data and analysis, subscribe to the Rapaport Research Report here .